What Strategies are Most Effective for Attracting, Engaging and Retaining Experienced Hires in Technical Roles?

Abstract

Retaining experienced information technology (IT) professionals is important for organizations, given the challenges in keeping the valuable knowledge and the high cost of sourcing for replacements. Particularly, indirect costs occur when there is a gap between employees leaving and finding replacements as well as time for the new employee to descend learning curve for technical and organizational knowledge. This report includes the main industry trends in IT professional turnover, and recommendations on best practices for organizations to monitor, control, and decrease turnover in IT positions.