Do You Want To Retain Tech Talent?

Attracting and retaining tech talent is an uphill battle. You need to put up a good fight to stay competitive in the modern marketplace.

Here are effective strategies to retain tech talent, backed by expert advice and the latest insights.

Technology is changing the way we work. It can feel overwhelming, like trying to protect sandcastles from the waves. According to Gartner, 64% of managers do not think their employees are able to keep pace with future skill needs. Focusing on digital skills in your department can help ensure long-term success, even if it’s challenging. 

The digital skills gap is one every employer is contending with today. And as Gartner reports, you’re not alone in worrying about your fortifications. But there are some practical, strategic ways businesses can turn the tide of new emerging technologies to their advantage.  

Nearly half of tech leaders worldwide say their teams lack the skills and capacity needed to provide value effectively. When creating tech products, services, or platforms, recruitment is just one part of the change process. To find and keep the technical skills you need, it is important to retain tech talent. This helps you stay ahead of your competition.   

13% of employers they surveyed were able to find and secure the tech talent they need. Reimagine your tech talent strategy: Talent, not technology – Deloitte

How to build a resilient tech talent team  

Investing in upskilling and strategic hires with contractors

Tech as a sector is in the process of continuous change: from adapting to new cyberthreats, building new software, to leveraging evolving technologies like artificial intelligence (AI) and machine learning (ML). Organisations and professionals alike are always seeking new skills to navigate this landscape.  
 
Hiring specialised contractors helps your team learn new skills. This shows that you value their growth and development. By developing your current talent and making smart external hires, you can close the digital skills gap. This helps your team stay agile and ready for new technology changes.   

Competitive compensation and benefits 

Workers across tech industries and fields are in high demand. While salary and benefits are not the only things that matter to employees, they are important. Offering good pay and benefits makes your organisation more appealing to employees. This also lowers the chances that they will look for jobs elsewhere to meet their needs.    

To keep your tech talent from your competition, consider how your salaries, bonuses, stock options, and benefits packages measure up to what’s on offer. You can talk to recruitment specialists like Salt, to map the competitive landscape and understand salary benchmarks for the tech and digital skills you are needing to hire, for both permanent and contracting options.  

Focus on innovation and impact 

Tech professionals are deeply motivated by the chance to work on impactful projects and cutting-edge technology. A Deloitte survey found that 54% of tech workers prefer jobs that involve exciting and innovative technology. For them, meaningful work means being part of a clear technology strategy. It also involves contributing to advanced technology practices.   

To attract and retain top tech talent, focus on offering opportunities to work on impressive technology strategies and participate in digital transformation initiatives. If your organisation uses old systems, updating your technology will make jobs more appealing. It will also show a commitment to innovation. 

Tech professionals want to lead and work with new technologies. Giving them chances to use the latest tools and practices is important.   

Recruiters specialising in tech hiring understand the diverse needs and working environments required to attract and retain tech talent. They know that flexibility is highly valued among tech professionals, who often expect it as a standard.  

Understanding the job’s specific demands is important. This applies whether you work in cybersecurity, as a network engineer, or in coding. Offering flexible work patterns can greatly influence job seekers’ choices. This approach helps you attract and keep top talent by meeting their needs and expectations.   

Why sandcastles crumble without expert recruitment  

If you’re struggling to retain tech talent and fill positions, Salt can help. We offer personalised advice tailored to your market and industry needs. Work with a specialist recruitment expert to future-proof your tech talent needs. Our insights and strategies not only fill immediate gaps but also align your recruitment practices with long-term growth objectives, building a robust foundation for sustained success.