Small Firms Win Over IT Talent

By Allan Alter  |  Posted 2007-06-26 Print this article Print

By offering job security, flexibility and growth opportunities, midtier companies minimize IT turnover.

Midmarket companies need to attract and retain more technical talent, but dont have the deep pockets of their larger competitors. That isnt proving to be an insurmountable barrier, however.

While large companies focus on pay-based incentives to recruit and retain employees, or turn to outsourcing and cut staff, midmarket companies are much more likely to invest in their IT staffs for the long haul, offering technical training and benefits that contribute to the work/life balance.
The result: Midmarket IT organizations have a 6 percent turnover rate, 3 points lower than the rate at larger companies. Of course, all employees want to be paid well. But at a time when so many IT professionals feel uncertain about the future, job security and opportunities for career growth are a winning combination. Read the full story on Small Firms Win Over IT Talent Check out eWEEK.coms for the latest news, reviews and analysis on IT management.
Executive Editor

Allan Alter has been a specialist on information technology management, strategy and leadership for many years. Most recently, he was editor-in-chief and the director of new content development for the MIT Sloan Management Review. He has been a columnist and department editor at Computerworld, where he won three awards from the American Society of Business Press Editors. Previously he was a special projects editor, senior editor and senior writer for CIO magazine. Earlier, Alter was an associate editor for Mass High Tech. He has edited two books: The Squandered Computer: Evaluating the Business Alignment of Business Technologies and Redesigning the Firm.


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