6 Ways to Win the IT Talent War and Retain Top Performers

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Recognize High Performers

High performers often go above and beyond, even when their actions aren't linked to a monetary reward or promotion. Establishing a clear link between individual results and rewards is the most effective way to reward and recognize high performers. Look for ways to reward employees for outstanding results they deliver that fit within your organization's total rewards program. Non-financial means of recognition can also be very powerful ways to show top performers they are valued. This recognition can range from a simple thank you email, to public recognition, to a monthly rewards program. This type of recognition is valuable since it provides top performers with context for why they are being recognized and provides a realistic mechanism for continuous recognition.

The IT talent shortage has been an ongoing problem for years in the business world and organizations are feeling the crunch. According to "IT Talent Wars and the Gig Economy," a new report from Appirio and Wakefield Research, 25 percent of IT projects are abandoned due to a shortage of qualified workers, and even those that are seen through to completion are delayed by an average of five months.

Recruiting, hiring and retaining skilled IT talent is a major business concern, with more than 33 percent of HR spending allocated toward hiring and retaining IT talent, according to the report.

Investing in employee engagement is one of the primary ways organizations can retain top IT talent. Research from The Hay Group shows engaged employees who are equipped with the tools necessary for success are 50 percent more likely to outperform expectations and 54 percent less likely to walk out the door.

In this slideshow, Mazin Abou-Seido, director of information technology at Halogen Software, has identified six tips for how you can engage your top IT talent and set them up for success in your organization.

 

Related Topics : A Big Market for Big Data Jobs, Midmarket CIO, IT Management Automation, SharePoint, Technology Markets

 
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