RESEARCH REPORT
How IT & People Teams Can Align for Better
Talent Management
Although layoffs in the technology industry have recently filled headlines, overall trends in available talent point to a crisis for employers. There is just not enough skilled technical talent to go around, and organizations are competing vigorously for the best of the best.
Though many businesses are acutely aware of this fact, few IT and people leaders agree on how best to approach hiring, professional development and employee retention.
That’s why EPAM Continuum sought out the input of 900 senior leaders from technology, digital, data, product and people (learning, HR and talent acquisition) departments all over the world — a group that spans 20 industries and nine countries across North America, Europe and Asia — on their approach to talent management — and whether it’s working or not.
Specifically, we sought to answer the following questions:
- How do IT and people departments partner and split roles in hiring, developing and retaining tech talent?
- How do IT and people departments evaluate their technical and people management knowledge to optimize hiring, developing and retaining tech talent?
- What are the reasons that technologists leave a company?
Download the report to learn how your company can align your people and IT leaders to hire top tech talent – and train and retain them.
Just 13% of people and IT leaders agree that they were satisfied with their company’s employee development and retention strategies…
…while only 11% were satisfied with their approach to hiring.
85% of people and IT leaders don’t feel like equal partners in the hiring process.
87% of people and IT leaders don’t feel like equal partners in both the retention and employee development processes.
65% of people leaders cited frustration with tooling as a top reason for employee attrition, while just 52% of IT leaders felt the same. This suggests a disconnect in the feedback loop between teams.
900+ Leaders
Business Owners | 6% |
C-Suite | 32% |
Vice Presidents | 12% |
Senior Directors | 19% |
Directors | 31% |
Countries
20+ Industries
Architecture, Engineering & Building | 3% |
Arts & Culture | 5% |
Business Information Services | 4% |
Catering & Leisure | 4% |
Energy | 5% |
Financial Services | 8% |
Healthcare & Life Sciences | 4% |
HR | 10% |
Insurance | 7% |
IT | 4% |
Legal | 1% |
Automotive & Manufacturing | 11% |
Media & Entertainment | 7% |
Publishing & Education | 2% |
Retail & Consumer | 5% |
Sales, Media & Marketing | 3% |
Software & High Tech | 5% |
Telecoms | 6% |
Travel, Transport & Hospitality | 5% |
Utilities | 2% |
Download the report to learn why these findings matter and what you can do to solve the disconnect between IT and people leaders' approach to hiring, upskilling and retention.