Talent retention ‘should focus on career progression’

-

Talent management and retention techniquesThe retention of IT workers could be improved if businesses provided them with better career development opportunities, a new survey has suggested.

Over 50 per cent of IT professionals claimed that there is not enough scope at their current company for career progression, Hays IT Technology said.

As well as providing employees with opportunities and challenges, other benefits which could improve talent retention of IT workers include pensions, bonuses and private medical insurance.

Some employers, however, said that training courses and flexible benefits had little impact on their retention strategies, despite many workers suggesting that they find these favourable.

HRreview Logo

Get our essential weekday HR news and updates.

This field is for validation purposes and should be left unchanged.
Keep up with the latest in HR...
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

Commenting on the results, Richard Horrocks, director of IT contracting at Hays IT, said: "Candidates are naturally more cautious and less inclined to change jobs, so will be scrutinising remuneration and benefits, job security and enhanced career prospects more closely."

Talent management may also become increasingly important during the recession. Recent research by Bersin & Associates found that organisations which integrate talent management were 28 per cent less likely to initiate a major layoff.

learningpagebanner

Latest news

Jeanette Wheeler: The business case for purpose-led leadership

Public scrutiny on businesses and societal expectations are putting pressure on leaders to demonstrate that purpose runs deeper than profit.

Britain’s biggest retailers cut 18,000 jobs as employment costs rise

Rising wage bills and tax costs are prompting retailers to rethink hiring as they seek savings across their operations.

Georges Elhedery on AI and job losses

“We all know generative AI will destroy certain jobs and will create new jobs.”

Vacancies fall to lowest level in five years as employers delay recruitment

UK vacancies have fallen to their lowest level in five years as employers delay permanent hiring and more workers compete for fewer roles.
- Advertisement -

NHS badge review raises wider questions about political expression at work

A government-backed NHS review has reignited debate over political symbols at work and how employers can balance protected beliefs with workplace conduct.

Andrew Fettes-Brown: Leading with curiosity – why the built environment needs a culture shift to allow for innovation

Curiosity creates the conditions for learning, growth and understanding. It encourages us to interrogate problems properly rather than rushing to solutions.

Must read

Leanne Rose: Five Creative Things that Motivate Employees More than Money!

Whether it’s a small coffee shop or a multi-million...

Gail Cohen: Making the most of gift cards as an employee reward

The gift card market has grown by more than 20 per cent.
- Advertisement -

You might also likeRELATED
Recommended to you