Keeping your top talent

October 14, 2013

In this report, the third in our Harvey Nash CIO Briefing Notes series, we look in detail at how executives are retaining, developing and recruiting their best people. 

What are CIOs doing to manage their key people?

The effects of the recession on IT employment have been severe. During the toughest period in 2009, one in ten jobs in IT were lost, and almost half of IT departments lost close to one in five staff.
But despite the downsizing, IT departments actually believe they became more effective at supporting the business. This even include those most affected by downsizing. It appears CIOs have used the recession to streamline their operations and focus on the core value they add to the business. 
Retaining good staff matters a lot to CIOs, but many are struggling to create an environment that holds good people. CIOs are faced with a paradox: the very things they have influence over (pay, career progression, training) are actually less important in terms of retention. What staff really desire centre around factors dushc as a work culture, values and interesting projects – often quite difficult things to influence. 
How well fitted are CIOs in shaping this new landscape? And what are the risks if CIOs do nothing? Read our report to find out.