Keeping Your Best: Retaining Your Top Tech Talent

Shaun Coghlan

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Unlike many other industries across the world, the tech industry is highly competitive when it comes to recruiting top talent. A great developer or project leader can make all the difference and is a critical asset to your business's success. By understanding the desires and motivations of your employees and implementing smart steps to create an engaging workplace environment, you can ensure they stay for the long haul.

Foster a Culture of Continuous Learning:

In a recent poll hosted by our team, we asked developers what the better option was between "Sticking with a job for the long haul" or "Switching jobs frequently to gain more experience." Surprisingly, in an overwhelming response, 74% of participants elected that switching jobs was the better option as it would grant them more experience and improve their skill set.

However, this can be countered by establishing a culture of continuous learning in the workplace by providing your teams with ample resources for professional development, such as training programs, workshops, conferences, and mentorship initiatives. By allowing your employees to stay ahead of the curve on the latest technologies and programs, it contributes to both personal and professional growth, enhancing your business and encouraging them to stay with you for longer.

Strong Leadership:

Across the hundreds of candidates we have interviewed over the years, one requirement sought after by most is that of "Strong Leadership." A productive employee can do a lot of great things for your business, but like a boat with a poor captain, they can be lost at sea. Without proper direction, even the best workers will feel lost or undriven to work. This can easily be avoided by ensuring that your employees are set clear objectives, realistic expectations, and offered clear guidance on any hurdles they may be facing.

Competitive Compensation:

With so many companies always searching for developers, both new and old candidates are often spoiled for choice when it comes to employment. Due to this high demand for tech workers, offering a competitive salary and benefits package is essential to retain the best talent in the industry. Raising an existing employee's salary is also a great way to offer recognition, boost morale, and increase the chances that staff members will decide to stay with you if offered outside opportunities.

Embrace Flexibility and Work-Life Balance:

It's time to face the facts! In this modern age, remote work has become the norm for most, if not all, tech workers. Any company not willing to allow this level of flexibility instantly puts itself at a disadvantage when looking for new employees. With so many new communication tools such as Slack, Teams, and Salesforce, connecting with your staff has never been easier, opening up the possibility of having employees around the world. Additionally, organisations that prioritise flexibility can attract and retain top tech talent seeking a harmonious integration of their personal and professional lives.

Recognising and Rewarding Excellence:

Everyone likes to be recognised for their work! Whether it's closing a big project or accomplishing small goals, it is crucial to ensure that your employees feel valued when working within your business. By nurturing a culture of appreciation and publicly awarding exceptional achievements, employers can ensure that their top tech talent feels valued and motivated to stay.

At the end of the day, this isn't rocket science. Your development teams are the ones managing your important data and know it better than anybody else. So why not try to keep them? By implementing the steps above and creating a great culture for your existing employees, you can create an irresistible workplace that they will never want to leave. Remember, attracting talent is only half the battle; it's retaining them that truly sets apart successful organisations in today's competitive tech landscape.