Hiring, retaining top tech talent a growing concern for global executives
- In its Tech Hiring and Retention Survey for 2017, Harris Allied found that nearly half of all business executives polled said that hiring top tech talent is their biggest concern going into Q1. The percentage of respondents saying so has grown by 11% over the past three years.
- The survey also found that besides offering good compensation and benefits packages, being able to attract job candidates with the unique culture their organizations provide was a top consideration of the respondents. They also said it was important to provide a creative environment (63.4%), to be a leading innovative company (54.8%) and to provide employees with interesting projects (52.6%).
- Nearly a third of the respondents (26%) said they lost employees who sought more exciting opportunities elsewhere.
Business leaders in the survey echo the concerns of respondents in other surveys. Their perspectives on what talented tech professionals find valuable also seem to mirror the results of similar surveys.
The problem with tech, however, is the sheer lack of available skilled talent across the board. Industry giants have snatched up much of the available human capital, particularly in the case of emerging fields like machine learning. This affects educational institutions, too.
Part of resolving hiring and recruiting dilemmas is identifying the causes. Providing challenging projects, having a creative work environment in which workers can excel, and striving to be an innovative workplace are key solutions to attracting top talent in any industry.