The ongoing scarcity of IT candidates has recruiters and HR managers desperate to find qualified candidates for job openings.
According to Randstad’s 2016 Workplace Trends survey of IT hiring decision-makers, they are understaffed by 14 percent and take an average of 90 days to fill non-executive positions. Baby Boomers nearing retirement and the ever-changing technology landscape are among the factors that keep the need for quality candidates at high levels.
While recruiters are aggressively searching for talent outside the company, some may be exacerbating the problem by paying too little attention to the workers they already have. Retention is always an important component of any HR strategy, but it becomes even more critical during a talent shortage. In fact, the Randstad survey revealed that one of the top threats to meeting revenue or business performance targets in 2016 is retention of qualified employees.