As the economy improves so does the job market, and remember that the technology sector didn’t suffer as much as others during the “Great Recession.” If your company employs a collection of top rank IT workers, there remains a decent chance that they could be out looking for a new position — maybe with one of your competitors?
The reasons a top employee may be looking elsewhere for a new position vary, but your company can take steps to improve worker recognition or company culture to retain your valued staff. Remember that losing an IT employee can adversely affect your firm’s bottom line in many different ways.
Employees Unhappy with your Company Culture
If you are having difficulty retaining talented IT employees, perhaps it is due to issues with your company’s culture. It is important to ensure your workers remain motivated and performing to their highest potential.
Give your employees an anonymous survey to see if there are any perceived issues with office culture, and if so, take steps to fix any problems. A motivated workforce is a productive workforce.
Employees Unsatisfied with Pay and Recognition
In a competitive IT job market, it is vital that your top employees are compensated fairly. This might the biggest reason your best workers would entertain thoughts of leaving your company. Take steps to ensure pay, bonuses, and other forms of recognition — like Employee of the Month awards with an extra vacation day — remain at least at the market level in your city.
Employees Deciding to Change Career Paths
This last reason for employees to leave your company says more about that worker’s desire for change. It could be due to a mid-life crisis, or simply someone wanting to restart their career in a different field. In most cases, there is not much that your company can do to change the mind of someone set on a new career — no matter how valuable they are to your company.
If you want some help determining ways to better retain your best IT workers, either through an improved compensation plan or a different corporate culture, talk to the people at APN Consulting. As one of the leading technical staffing companies in the New Jersey area, they have the knowledge on hand to make sure your company’s IT team remains top notch.