Retention Strategies for IT Professionals
Retaining an IT professional is much less expensive than hiring one. Think of the hiring and training expenses, the knowledge, productivity, interview time, and even the cultural impact on the organization. These are some of the reasons organizations hold on to their top talent. However, employers require key techniques to boost their employee retention efforts.
1. Provide Opportunities for Growth
Information technology is a competitive field with many advancements. Therefore, management needs to ensure that their IT professionals are well-versed with the latest technological advances. Laying a clear path for advancement will make your employees feel critical to the company’s success. This can be done through:
- Employee development plans
- Mentoring programs
- Tuition reimbursement programs
- Training opportunities – ability to learn new technologies
2. Provide Competitive Compensation Packages
In their career search, IT professionals may initially look to the highest bidder. They want a compensation package that’s worth their time, effort, skills, and experience. However, there are other items that factor into that compensation package as well:
- Stock options
- Vacation packages
- Flexible time
- Medical/Dental benefits
- Employee Appreciation programs
Total compensation and benefits need to be reviewed frequently to assure market competitiveness.
3. Earn their Trust
Companies should demonstrate excellent leadership skills to earn the trust of IT professionals. Employees who trust their leadership management perform better and are more likely to achieve company goals. One way to earn trust is through transparent leadership communication. An employee engagement program can also increase the trust and confidence of employees.
It’s worth noting that employee retention starts from the recruitment stage. If the company’s human resources cannot find a perfect fit for the job, let an executive search company handle the staffing.
Read more tips on retention here: Paying Attention to Retention
ConnectPoint Search Group
Sacramento Region’s Premier Boutique Search & Staffing Firm