Bad News Brexit
However it’s not all good news, as despite high investment and job creation in this exciting sector, it’s still a real struggle for companies to attract top talent, something we’ve read about and observed frequently in our daily work. Brexit, and the high uncertainty level it brings could mean that talent is swayed to other countries and we fall behind on innovation.
Keeping Tech Talent Happy
- Flexible Working: This crops up repeatedly in surveys as the most desired workplace perk. In our era of continuous connectivity employees see no reason not to take their work home or complete it at different hours of the day to the traditional 9 – 5.
- Salary Increases: With pay increases set to stay at around 2%, and despite IT workers being among some of the best paid and with a strong work/life balance, if talent is able to command a larger salary at a different company this could motivate them to go to pastures new.
- Constant Hiring: We wrote about this topic previously but for industries where it’s typical to have a high turnover rate, constant recruitment efforts can help ease gaps in the number of roles left vacant.
Investing in People
Another option we’ve read about is for companies to train up talent internally, on the job and through apprenticeship schemes. The government is investing in these and it could be a fresh way to nurture promising talent from the ground up.