IT and DevOps Pros Will Quit for Better Career Path and Mentorship – EDB Survey Shows
EDB, a leading contributor to PostgreSQL, released a survey of more than 1,000 application developers, as well as IT and business management professionals at its Postgres Vision 2021 conference. The survey found that this key talent pool would consider other roles for stronger career path options, better mentorship and greater opportunity to work with cutting edge technologies.
HR Technology News: Mismo Announces New Remote Development Platform To Address U.S. Tech Talent Shortage
Talent retention is a growing and widespread challenge for business leaders. The U.S. Bureau of Labor Statistics (BLS) predicts that by 2030, the U.S will lose $430 billion annually due to staff turnover. And while BLS data for April 2021 showed 9.3 million job openings, the pool of skilled labor is tightening as workers have new expectations. These expectations are driving a movement dubbed, “the great resignation,” making it increasingly difficult to recruit and hold onto talent.
The global survey by EDB targeted open source technology users, specifically those holding application development, information technology and operations titles at organizations greater than 100 people. Respondents were surveyed on their volume of work and quality and kinds of training, along with motivations that could lead them to seek other job opportunities.
HR Technology News: Sequoia’s Employee Experience Benchmarking Report Reveals Evolution Of Employee Benefits As Workforce Needs Shift
“Technical professionals are sending a clear message to management on what keeps them engaged,” said EDB president and CEO, Ed Boyajian. “As employers and leaders, we need to actively support their development. Whether it’s offering more mentorship, training in the best technologies, or promoting overall well-being, we must invest in what inspires our teammates and helps them grow.”
As competition for top IT and application development talent heats up, EDB has implemented benefits such as Wellness days, a flexible work environment, leadership and technical training, and a home office stipend to support remote work arrangements.
HR Technology News: Magia Solutions & Knoa Software Announce Services Partnership To Deliver Employee User Experience Analytics For Oracle Cloud