Sunday, March 21, 2010

Competition for IT talent to heat up in 2010

Following is a recent article featured in HRMorning.com that I'd like to share.

With the economy starting to rebound, competition for talent could heat up. Your company’s IT department could feel the biggest impact.

Nearly one-third (32%) of IT employers plan to increase hiring this year, according to a recent CareerBuilder survey. That could cause retention difficulties as IT staffers weigh offers from other companies.

The best way to avoid a mad rush for the door? For employers that can’t afford to increase pay, the answer may lie in increasing no-cost benefits. Of the businesses surveyed by CareerBuilder, many plan to increase benefits such as:

- flexible scheduling (73%)
- telecommuting options (67%), and
- compressed work weeks (36%).

What steps would you take to retain your valuable "human resources?"

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