Employee Turnover in the IT Industry

Guest post by: Ben Nash
Become an Author

Free PDF Download
Keeping the Change Process Cool - By Ben Nash

Even as companies institute hiring freezes or are downsizing, they would do well to remember that it is more cost effective in the long run to hold on to employees with key skills.

When employees leave, organizations have to attend to the high cost of training and development, burnout of existing staff, and decreased quality of products and services due to the shortage of staff. Employee turnover can be a costly problem—particularly for information technology companies.

According to recently published research by Abii, Rose, and Ogula, the U.S. Department of Commerce estimates that the United States will require more than 1.3 million new and highly skilled IT workers to address the projected staff shortage. Their research examined the role of employee satisfaction in the turnover rate of employees in the IT industry and found that the following factors had the most influence on IT employee satisfaction and retention: challenging work, respect, a balanced work life, effective leadership, and a workplace that fosters risk taking.

The True Cost of Employee Turnover

Understanding and Calculating the Cost of Turnover

Turnover, what does it cost?

Turnover is Not a Problem

Calculating the Value of Customized Training

Employee Recognition Programs: Why You Need Them (Tip #48)

Strategic Thinking To Develop A Successful Employee Retention Strategy According To Your Strategic Thinking Business Coach

Implementing a Results Only Work Environment

Reference Checks; are they reliable?

Human Capital Talent Management Requires to Tell It Like It Is

Lesson #1: Respect Can Reel In Greater Returns

The Perfect Fit

Pay Attention to Retention

Employee Turnover - What is it costing you?

The Power to Influence Your Employees

How to Get Your Employee Recognition Program Approved (Tip #60)

Staying Afloat via cash flow financing – Cash Flow for Business Solutions

Do You Avoid Dealing With Difficult Employee Issues?

New York State Passes Broadcast Employees Freedom To Work Act

4.0 What are Small Scale Enterprises?: Entrepreneurship and Small Business Enterprise Growth in Uganda

Home > Human-Resources > Ben Nash > Employee Turnover in the IT Industry > Google +

Free PDF Download
Keeping the Change Process Cool - By Ben Nash

About the Author: Ben Nash

RSS for Ben's articles - Visit Ben's website

Ben Nash is the editor-in-chief of DailyHRTips.com. He is the founder and chief developer of the blog, providing tech/design support as well as tips and book reviews. Ben has held many interesting jobs in his professional career, including: barista, landscaper, public policy intern, barista (again), professional horse wrangler, ski lift attendant (aka "liftie"), political science teaching assistant, marketing and sales assistant, and an ecommerce/web developer. He also doubles as the Creative Director at Aspen Organization Development Consulting. Ben has interacted with many people, in many different organizations and offers some interesting insight on the human resources game. You can read his blog at http://www.DailyHRTips.com and visit his website at http://www.AspenOD.com.

Click here to visit Ben's website.

More from Ben Nash
8 Best Practices for Online Learning
Employee Turnover in the IT Industry
3 Tips For Creating Productive Teams At Work
Career Development and Playing the Banjo
4 Building Blocks of an Effective Talent Management System

Share this article. Fund someone's dream.

Share this post and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.

Employee Turnover in the IT Industry

Related Articles

Related Forum Posts

Share this article. Fund someone's dream.


Name:
Email: