Traditional recruitment fails to solve IT skills shortage

Money not enough, finds Deloitte survey

Written by Robert Jaques

A company's ability to recruit and manage talent has become the bellwether for the overall health and longevity of the organisation

Phil Asmundson Vice chairman, Technology, Media & Telecommunications group, Deloitte

A fundamental disconnect exists between current attempts by IT and telecoms firms to hire talented staff and the priorities of the candidates themselves, according to a new Deloitte survey.

The Competing For Talent study found that the vast majority of companies in these sectors rely on financial incentives to attract and retain employees.

However, today's workforce values greater freedom in schedules and control of where and how they work over financial compensation.

"The conflicting perspectives between technology and telecoms employers and employees suggest that the respondents are significantly challenged in how they capture their fair share of talent in the near term," said Deloitte Consulting's Jeffrey Alderton.

"Despite our experience in seeing organisations wanting to shift focus on long-term retention strategies, the urgency of 'getting talent in the door' versus showcasing career scenarios to new recruits is causing some disconnection whereby companies still view financial incentives as a quick fix."

The survey also found that creative and other critical talent that generates value for customers and shareholders is most difficult to attract, and the problem is expected to increase over the next three to five years.

"A company's ability to recruit and manage talent has become the bellwether for the overall health and longevity of the organisation," said Phil Asmundson, vice chairman at Deloitte's Technology, Media & Telecommunications group.

"Technology and telecoms companies need to identify which job segments have the greatest impact on their financial success, and actively focus talent management activities in those critical areas."

Deloitte surveyed more than 150 technology and telecoms companies in North America to understand the most significant talent issues and what companies are doing to address them.

Tags:

Further reading

China's 51job rides buoyant job market

Booming economy spurs growth at online recruitment firm   More...

CeBIT hosts IT Fitness Campus

Job seekers can test their computer skills   More...

Pupils increasingly reliant on technology

Pen and paper on the way out, says YouGov survey   More...

US IT employment maintains record high

IT jobs up eight per cent year on year   More...

Related articles

Outsourcing market reaches 'tipping point'

Gartner predicts fundamental change in service delivery models   More...

Mobile working on the decline

Worries over job cuts encouraging 'presenteeism'   More...

Infosec: Reputation driving information security

Security is now everyone's problem   More...

Mobile virtual network operators ring the changes

Sector remains 'robust', says Informa   More...

Do you agree?

Advertisement

Job of the week

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Hiring now on ComputingCareers:

Related IT jobs

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Advertisement

Watch

25 Jul 2008

7.85 MBPodcast Special: Views from the Valley More...

24 Jul 2008

3.68 MBSpammer jailed, Esquire e-cover, and network passwords More...

23 Jul 2008

2.99 MBSmall time security, official 'spying' requests and a spammer jail break More...

Poll

EUROPEAN E-COMMERCE

EUROPEAN E-COMMERCE

Are you happy making an online purchase from another European country?

Previous poll results

Newsletter signup

Sign up for our range of FREE newsletters:

Existing User

Newsletter user login:

Enter email address to edit your newsletter preferences

Spotlight

Credit card transaction

Credit card fraud rampant in the UK

Attempted frauds go unreported and ignored, analysts claim   More...

Intel

Intel rolls out new embedded line-up

System-on-a-chip offerings promise footprint and power saving   More...

Advertisement

Network cables

Tech giants collaborate on wireless HD

Another attempt at cable-free transmission in the home   More...

iPhone fever fills AT&T coffers

US provider cashes in on Apple smartphone   More...

Advertisement