Small Firms Win Over IT Talent

By Allan Alter  |  Posted 2007-06-26

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.

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