The latest Dice monthly report echoes one by eFinancialCareers.com that talent poaching will be a big problem this year. In the Dice study, 54 percent of hiring managers and recruiters expect more aggressive poaching of tech talent.
Work Force Challenges in 2011
Despite the improving economy, we'll continue to struggle with difficult work force challenges in 2011.
As blogger Mike Vizard has written, companies increasingly would rather hire the skills they need now rather than train workers. Apparently that's becoming more true in companies' attempts to return to growth after the recession. As Constance Melrose, managing director of eFinancialCareers North America, told blogger Don Tennant of Wall Street tech jobs:
Opportunity on Wall Street exists very much in the moment, right now. If you don't get this deal, the next person's going to get it. Consequently, you need to already be up and running. I think that's what exacerbates the shortage, because there isn't the perceived time to really bring people on and train them as much.
So companies will go looking for what they need: multi-skilled, experienced technology professionals with industry-specific experience. Though the debate continues about whether there is a shortage of tech talent or just a problem of employers being too picky, nearly three-quarters in the Dice survey doubt that companies will relax their job requirements.
Dice also found employers working to keep top talent. Their most-used methods: accommodating flexible work hours, offering work on new or emerging technologies and increasing salaries.
At the same time, 54 percent of hiring managers say they can tell when a tech pro is looking to move on. The signs? A change in habits related to work, a noticeable lack of engagement with colleagues or projects, taking lots of single days off, dressing more formally and getting up-to-date on expense accounts.
Meanwhile, for employees who do leave, one-third of respondents said they would allow them to return-only 11 percent would not. Most said that depends on the individual situation.