How to Keep Top IT Talent When Competitors Offer More
The latest data shows that hiring is picking up for employees with tech skills. That's excellent news for staffers, however it could leave IT departments scrambling as their best workers jump ship for fresh opportunities. According to data released by the Bureau of Labor Statistics in May, there were 4,009,900 active IT jobs in the U.S. That was the highest number since November of 2008 and came after 16 straight months of increases. And in a recent survey conducted by IT job board Dice.com, 65% of companies said they plotted to do more hiring in the second half of this year than in the first half, with 47% saying increased competition for IT talent has raised starting salaries for those positions. Immediately it's up to IT managers and their companies to hang on to their best staffers as they get more opportunities t o alter employers. One of the first steps to keeping potential retention problems at bay should be to gaze at salaries and other compensation to constitute certain they still compare favorably to what your competitors for talent offer.
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