KEEPING THEIR BEST ON BOARD

Chief Information Officers Surveyed Reveal Smart Retention Strategies

Mar 9, 2006
10:03pm

MENLO PARK, CA -- Businesses today are taking steps to persuade valued staff to stay -- and they don’t involve a ball and chain.  In fact, 63 percent of chief information officers (CIOs) polled said they’re providing professional development opportunities to retain their best people.  Offering flexible schedules and increasing base compensation also are popular retention strategies, among 47 percent and 41 percent of respondents, respectively.

The national poll includes responses from more than 1,400 CIOs from a stratified random sample of U.S. companies with 100 or more employees.  It was conducted by an independent research firm and developed by Robert Half Technology, a leading provider of information technology professionals on a project and full-time basis.

CIOs were asked, “What steps, if any, is your firm taking to retain key IT talent?”  Their responses:

Providing training or professional development   63%
Offering flexible schedules   47%
Increasing base compensation   41%
Offering bonuses   31%
Offering equity incentives   9%
Other   4%
None/no steps taken   23%
(Multiple responses were allowed.)    

“As the number of job opportunities for IT professionals increases, many CIOs are making retention a priority,” said Katherine Spencer Lee, executive director of Robert Half Technology.  “Firms recognize that technology workers, in particular, value ongoing educational opportunities to enable them to keep their skills current and continue learning on the job.”

Lee added that effective retention programs also address work-life balance and salary issues.  “Offering flexible schedules or telecommuting options is a cost-effective way to improve overall job satisfaction, show appreciation and build loyalty.  Competitive compensation packages are equally important and demonstrate to employees that their contributions are valued.” 

With more than 100 locations in North America and Europe, Robert Half Technology is a leading provider of technology professionals for initiatives ranging from web development and multiplatform systems integration to network security and technical support.  Robert Half Technology offers online job search services at www.rht.com.


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