New Report Highlights How Companies Can Secure and Develop Top Talent in Tech

ALEXANDRIA, VA, March 4, 2020 —HR People + Strategy (SHRM’s Executive Network of business and thought leaders in human resources) and global independent analyst Josh Bersin today announced the release of a new research report, Effectively Managing Tech Workers: A New Imperative in the Digital Age. The report—based on feedback from HR leaders and professionals across all industries—found tech workers have unique motivations and expectations that organizations must understand if they expect to effectively hire, manage, and engage this critical talent pool.

(Read the full research report here.)

“Technology pervades all industry segments—from manufacturing to finance, and healthcare to retail,” said Josh Bersin, a global independent analyst and principal research partner for HRPS. “That means companies need to know precisely what it takes to attract and keep tech workers. After all, they are notoriously demanding—nearly half are considering hopping jobs right now.”

The new report identifies four areas organizations need to focus on when it comes to effectively managing tech workers: Management practices, organizational culture, compensation, and employee recognition. The report also features a maturity model to help organizations benchmark their practices and identify specific actions that will help them manage and retain these critical employees. 

“By clinging to traditional practices in management and compensation, many organizations are failing to attract and retain tech talent,” said Lisa Connell, Executive Director, HR People + Strategy. “In our information-based economy, that flaw can be fatal for any organization—in anyindustry—because technology is core to virtually every business operation undertaken today. With this research, we hope more organization have the information they need to take a proactive approach now, rather than be reactive later.” 

The report includes case studies of companies—such as Limeade, ZenHub, and IBM—that model the effective management of tech workers, and concludes with ten recommendations to facilitate the productivity and increase the satisfaction of their tech employees.