According to Latest Gartner Global Labor Market Survey.
Depending on the location of those IT staff, that number could be much lower. In Asia, only 19.6% intend to continue in their current job; in Australia and New Zealand, only 23.6% felt the same; and in Latin America, the figure is 26.9%. Even in Europe, the best performing region, only four in 10 IT employees (38.8%) expect to stay in their current organisations, according to the survey.
Overall, IT employees are 10.2% less likely to stay at work than non-IT workers, according to the survey. This is the lowest level among all corporate functions.
For many IT workers, who are currently in greatest need because of the pandemic and the rise of the combined workplace, it’s a time to reflect on career and life.
“There has never been a better time to figure out your career path and the company you want to work for and your value proposition,” said Graham Waller, senior vice president and analyst at Gartner. now. “IT staff will never have more options than they do now.”
Gartner’s Global Labor Market Survey covers more than 18,000 employees in 40 countries, including 1,755 in the IT function in Q421.
The Gartner survey found that 65% of employees feel the pandemic has made them rethink the role work plays in their lives. And 58% said the pandemic has changed their view of how desirable their current workplace position is.
“IT is a super hot job market, right now,” says Waller. “There is a big talent competition going on there. We sometimes even compare it to the competition to get top athletes – especially in key skill areas, such as cybersecurity, data science, cloud, and development. fast, etc.”
Seventy-six percent of IT employees who switched jobs last year had at least two other job offers compared with 43% of non-IT employees who had multiple job offers. That gives IT staff a lot of negotiating power, says Waller.
For the first time since Gartner started the Global Labor Market Survey 10 years ago, work-life balance is tied to salary as the top reason IT professionals choose a new job.
The challenge of retaining IT talent varies by age group and region. For example, IT workers aged 30 and under said they were 2.5 times less likely to stay at work than those over 50. Only 19.9% of IT employees aged 18 to 29 are more likely to stay compared to 48.1%. of people aged 50-70, according to the survey.
For some IT staff, the motivation to take up a new job may increase in their respective fields; for others, it may be about compensation. But for many people, especially workers with young families, the value proposition is a job that allows them to focus on family life.
In IT, boomers are gone, wages are going up – and change is coming. As Gen Xs and Y-ers take on key corporate IT roles, they demand not only higher salaries, but better working conditions – and more attentive managers.
“Our advice to CIOs is to implement human-centered work models to create a more flexible work environment and work-life balance,” says Waller. “And work to make sure your employees feel more trusted, empowered and respected. That drives success in talent retention and significant business results. ”
For example, providing employees with a more human-centered work model reduces fatigue by 45%, increases their likelihood of staying in an organization by 44%, and increases employee performance by 28. %, according to Gartner.
ONE people-centered working model can improve talent and business results. To that end, Gartner advises CIOs to rethink outdated assumptions about jobs, including:
- Work time Progressive businesses are empowering people and teams to decide when they do their best work and pioneering new schedules, such as four days a week.
- Office Center The pandemic has broken the myth that employees can only get real work done in an office where managers can see them. Most organizations are currently planning a future that incorporates the recognition that employees can be fully productive remotely for “regular” work, while the office is best suited for most operations. defined as connection and collaboration between people.
- The meeting Meeting culture dates back to the 1950s when people had to gather together to make decisions. Now, asynchronous and synchronous collaboration tools Enables distributed, collaborative, and innovative decision making.
Equal companies started to open permanent offices, their management needs to rethink how it can get work done with employees’ quality of life. With that, things that matter to employees vary. Gartner finds, for example, that young IT workers want to be respected.
“It’s much more important for younger employees than for older ones [workers]”Waller said.” The ‘one size fits all’ approach is less relevant these days. CIOs need to listen to what is important to employees. Younger employees have three times lower intention to stay than older employees.”
Millennial employees (born between the 1980s and mid-90s) make up more than 49% of the total workforce; Gen Xers (born 1965 to 1981) accounted for 37%; and Baby Boomers (born before 1964) have dropped to just 14% of the total workforce, according to recent data from the US Bureau of Labor Statistics (BLS).
The recruitment of IT professionals is running at a record pace, with 197,000 more IT jobs over the past year compared to the previous 12 months, according to the BLS. There has been growth in the IT job market during the past eight months.
According to the most recent BLS findings from 2020.
Over the past year, the average CIO tenure has increased from four years and seven months to four years and eight months, according to IT job consulting firms Janco Associates and eJobDescription.com. However, that average tenure is expected to decline next year as the number of retirees grows and a younger generation of IT professionals takes over.
According to Lily Mok, vice president of Gartner Research, to retain senior IT managers and executives, organizations need to go back to “the basics.” For example, companies should set their salaries more often than every two to three years. In some cases, especially for high-demand IT roles, they should reassess salary quarterly.
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https://www.computerworld.com/article/3653249/it-workers-grow-restless-and-younger-ones-want-respect-gartner.html#tk.rss_all IT staff is constantly evolving and younger people want to be respected – Gartner