Over 80% of IT professionals place high importance on companies investing in the latest releases of technologies. With the current jobs market far more stable than previous years, UK workers ultimately have a far greater choice over where they work, who they work for; and have a greater level of trust in their future in employment. Employer branding is a phenomenon becoming ever more prevalent as the job market continues to grow. When we talk about retention strategies, we usually place a high emphasis on the main components that contribute to retention such as reward, L&D, engagement and satisfaction. But we often fail to recognise the relevance of technology in relation to employee retention.
Having seen a significant rise in the number of IT professionals looking to move on from their current role, it became clear that the reasoning for this was more than just the annual January trend. It is no secret that out of date technology impacts heavily on workflow, productivity and results, but it seems that these issues are beginning to take its toll on workers, and they have had enough. It has become evident that a significantly large number of workers in the IT sector want to leave their current position because they are using old technology at their place of work. This may appear extreme, but with technology playing such an integral part in modern society, people are consequently relying more on efficient technologies demand the most effective processes, and this is swiftly beginning to filter into the workplace.
With technology growing and evolving at such a phenomenal rate, it is unsurprising that technology is now establishing its role in contributing to both retention and employer branding. Investing in the most current technologies will certainly give you a competitive edge, and will undoubtedly enhance your employer branding. A large majority of IT professionals have stated that they will “lose their value in the marketplace if they don’t keep up to date with the latest releases”. The benefits in utilising the latest technologies are endless, and if you fail to move with the times, you will fail revolutionise.
Do you agree that technology now has a far greater input into retention levels?
Do you value companies more if they invest in the latest technologies?
Let us know your thoughts on this issue.
Nurturing your businesses starts with developing the health of your organisation. Through solid processes and up-to-date technology, you can create an efficient and well-constructed working environment. If you need to recruit a BI expert to help in BI solutions, contact Mark or Dave at mark@langleyjames.com or dave@langleyjames.com; or call us on 0207 788 6600.
