Retaining Employees as IT Hiring Landscape Shifts
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Retaining Employees as IT Hiring Landscape Shifts
As tech pros' priorities change, companies need to change recruiting strategies to retain top talent. We look at what's new on the hiring front. -
Skills Shortage
53% of technology hiring managers globally reported skills shortages in 2015, up from 51% the previous year. U.S. tech managers fare a bit better at 51%. -
Shortages Will Worsen
44% of hiring managers think a skills shortage will get worse in future, and only 12% believe it will get better. -
Headcount Rises
52% of hiring managers said they will increase headcount this year, while 23% expect headcount to remain the same, and 18% expect headcount to drop. -
Full-Time Employment
71% of tech pros are employed on a full-time or permanent basis, up from 65% last year. -
Who's Job Hunting
53% of tech pros would accept a call from a headhunter, and 28% are actively seeking and applying for jobs. -
Top Skills in Demand
37% of tech pros received 10 or more inquiries from head hunters in the past year. Top skills recruited: developers (62%), software engineers (55%), design user experience/user interface (48%), architecture (43%) and database engineer (40%). -
Looking Elsewhere
73% of tech pros are looking outside their current employer for their next role, and 26% are currently investing their skills in a startup. -
Moving On
39% of technologists changed jobs over the past 12 months, the same as last year. -
Motivators
77% said a good salary is their main motivator for changing jobs (up from 61% last year), followed by work-life balance, at 72% (up from 70% last year), and the opportunity to work on innovative projects, at 69% (unchanged from last year). -
Efficiency Matters
53% said keeping their organizations running efficiently was most valued by their companies in the past year, followed by creating new ways of generating revenue and profit (29%), and creating new ways of generating costs savings (18%). -
Gender Gap
Nearly six in 10 respondents work in environments where women make up less than 20 percent of the workforce, and more than one in 10 work at an organization where no women are employed. -
Demographics
One in five technologists based in the U.S. were born overseas, and three in 10 work outside the country where they were born.
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Why Metrics Matter to the Channel A good salary is the main motivation for changing jobs, more so than work-life balance, according to the findings of a survey of 3,000 tech professionals from more than 30 countries. The study, conducted by recruitment consultancy and IT outsourcing service provider Harvey Nash, found that 27 percent of technologists polled expect their next role to be with their current employer, up from 21 percent last year. However, most respondents still believe the only way to further their careers is to change jobs. The competition among IT recruiters is fierce; almost one in four tech professionals received 10 or more inquiries from headhunters over the past year. "The technology career is changing rapidly: it's mobile, flexible and entrepreneurial," stated Bob Miano, Harvey Nash USAPAC president and CEO. "The companies that embrace these shifts will attract and retain the best talent and successfully ride this technological wave." Here are key takeaways from the study that show a change in recruiting strategy may be needed to retain top talent.