29 Percent of IT Workers Have High Intent to Stay With Their Current Employer

29 Percent of IT Workers Have High Intent to Stay With Their Current Employer
Depositphotos

IT workers are more inclined to quit their jobs than employees in other functions, with a 10.2% lower intent to stay than non-IT employees, the lowest out of all corporate functions, according to a survey by Gartner. 18,000 employees globally were surveyed in Q4 2021, including 1,755 employees in the IT function. Responses were collected monthly across 40 different countries in 15 languages.

“While talent retention is a common C-level concern, CIOs are at the epicenter, with a huge chunk of their workforce at risk,“ said Graham Waller, vice president, and distinguished analyst at Gartner. “We’ve heard of IT organizations implementing back-to-the-office policies only to face mass resignations and have to reverse course. CIOs may need to advocate for more flexibility in work design than the rest of the enterprise, as IT employees are more likely to leave, in greater demand, and more adept at remote working than most other employees.“

Globally, only 29.1% of IT workers have high intent to stay with their current employer, but the number is much lower in Asia (19.6%), Australia and New Zealand (23.6%), and Latin America (26.9%). Even in Europe, the best-performing region, only four in 10 IT workers (38.8%) have high intent to stay. The IT talent retention challenge varies by age group and region. For example, IT workers aged under 30 report two and a half times less likely to stay than those over 50. Only 19.9% of IT workers who are 18 to 29 have a high likelihood to stay, compared to 48.1% of those aged 50-70 years.

Data shows that more flexible and human-centric work policies can reduce attrition and increase performance. In a 2021 Gartner survey of 3,000 employees across a wide range of industries, functions, and geographies, 65% of IT employees said that whether they can work flexibly will impact their decision to stay at the organization. Gartner analysts said that CIOs should use a data-driven approach to identify workers who are most at risk and most valuable, and tailor hybrid work policies to keep them engaged and high-performing.

A human-centric work model can improve talent and business outcomes. To achieve it, Gartner advises CIOs to rethink outdated assumptions about work that are unnecessarily limiting, including working hours, office centricity, and meetings. “CIOs who adopt a human-centric work design will out-hire, out-retain and out-perform those that revert to industrial-era work paradigms,“ said Waller.