Just like how a software development company focuses on a consumer-centric approach while developing and delivering IT solutions, the managers need to factor in the aspirations of the team members and thus create the most valuable learning and growth opportunities.
The rise of globalization, coupled with the evolution of AI and ML technologies, has forced IT strategy consulting firms to rethink their approach to talent management and acquisition.
Workers with capabilities that enable them to keep up with this pace of change, such as adaptability, technological literacy, and people-management, are in much demand. However, acquiring and retaining them is a backbreaking pursuit.
There is a massive surge in demand for managed IT services. Despite the demand, there is a local band of talented and experienced developers for software developers globally. According to a CNBC report, there were approximately 918,000 unfilled IT positions in the US in 2019 alone due to a shortage of good talent. The IT industry is very competitive, so attracting and retaining the best talent has become challenging.
Management is all but personnel. Both managers and employees think about their personal and professional goals. The combination of these goals helps to give shape to an interpersonal relationship that can be productive or sometimes stressful and conflict-prone.
IT consulting services need to motivate, retain, and get the best out of their developers. The blog covers strategies that can help an enterprise software development company attract and retain talented IT consultants.
Read More: 7 Reasons to Hire a Professional IT Consulting Company
7 Strategies to Attract and Retain IT Consultants
1. Promoting a Collaborative Work Environment:
Collaborative work environments are known to promote expressive work practices. Developers feel motivated when their organizations listen to their voices and make them feel a part of the enterprise.
A team that works on a collaboration model lets developers participate in the critical decision-making process. In addition, this encourages talented IT consultants to join in the decision-making process that involves aspects beyond the regular tasks of their role.
The cross-area collaboration and acting on the developer's feedback helps you recognize their talents and make them feel that their contributions significantly impact the IT Strategy of the company.
2. Commit to a Healthy Company Culture and Employee Experience:
Potential candidates should fully understand the company's culture and commitment to employee experience. Only then can a candidate analyze whether the organization is a good fit or not.
Focusing on good employee experience reduces the possibility of burnout. Such commitment must be put out clearly in the job descriptions to showcase your culture. If you have to often hire for developer roles, adopt strategies such as DevOps, learning opportunities, and development-focused activities.
As an IT consulting service, while you need to express your culture clearly, avoid using cliches that can switch off a potential candidate instantly.
3. Provide Career Advancement Opportunities:
Developers with impeccable IT Strategy expertise do not like to be stuck in one particular job with little to no growth opportunities.
Team leaders need to provide equal growth opportunities and challenges to all employees. This will reduce developer burnout and keep them motivated.
There are numerous opportunities available to a good developer. The remote working model, along with the gig economy, is serving better projects to the developers in the comfort of their walls.
To cope with this challenge, the HR policies of an IT consulting company must promote transparency and equitability in career opportunities.
4. Encouraging Creativity:
Nothing is more monotonous than deploying predefined procedures and methodology for a set of problems again and again. Also, sometimes it could be counterproductive to solve a problem with a method that might not even be that efficient.
The best IT consulting strategy that can help companies retain the best software product engineers is providing creative freedom to solve different problems. Solving client issues with innovative software solutions is their domain; therefore, they must be allowed to express themselves without many restrictions.
This will help increase their commitment to the work and increase their trust in the company.
5. Provide Learning Opportunities:
IT services are one such industry that is very susceptible to technological changes. Therefore, the developers need not just commit themselves to work but also consistently focus on learning new technologies.
IT consulting firms that provide endless learning opportunities to their developers can maintain and retain a satisfied workforce. However, you must also communicate and enable learning opportunities more broadly.
You must motivate your employees to learn by contributing to the community if you have an open source community. This will be a win for the company, the employees, and the project.
6. Salary Compensation:
It would help if you valued your developer with the appropriate salary compensation. Conduct proper market research to identify what the other IT Strategy services are paying their employees.
Research the compensation package offered by other companies in the industry. Subsequently, ensure that your compensation plans and other benefits are as per the standards and attractive enough to keep your IT experts engaged with the company.
7. Identify Why People Leave:
All problems do not have an immediate fix. You can not fix a problem; you can know nothing about it. So whenever a developer leaves the company, it's an opportunity to look into the experience and mitigate the risk of it happening again.
Always conduct exit interviews to learn more about why talented developers leave your IT consultancy firm and their perception of the work and company culture.
This information would help you improve the current talent management process and work on the problems the employees face daily.
Conclusion
Engineers, by nature, are problem solvers and creative beings. They are lifelong learners with a will to use their skills to solve meaningful problems.
According to a survey conducted by hired, more than 72% of engineers chose the profession to face challenges and find innovative solutions. In contrast, only 62% were attracted by its earning potential.
As an IT strategy consulting company, you need to focus on making your company stand out in the eyes of prospective employees. In addition, you must focus on providing an excellent employee experience to reduce the rate of employee turnover.
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