Dive Brief:
- One-third of technology professionals changed jobs in the last two years, according to IT professionals association ISACA. The organization surveyed nearly 8,000 tech workers for the Wednesday report.
- The most common driver of attrition among workers was the desire to earn better compensation, flagged by 43% of respondents under the age of 35. Better career prospects and more interesting work were two additional factors.
- Appropriate work-life balance was a key motivator among workers choosing to stay with their current employer, alongside hybrid or remote work options.
Dive Insight:
Talent gaps represent an ongoing concern for CIOs as they steer enterprise technology strategy for their organizations.
AI and cybersecurity top the list of in-demand roles, according to a review of 6 million job postings by Robert Half. Nearly 7 in 10 executives surveyed by the staffing firm said the talent crunch worsened last year.
With more organizations working to plug AI into operations, the gaps have only increased. An undersupply of skills in the market have turned the spotlight to retention and upskilling strategies.
“A robust and engaged tech workforce is essential to keeping enterprises operating at the highest level,” said Julia Kanouse, chief membership officer at ISACA, in the study announcement.
Two in 3 organizations plan to upskill their workers this year to fill cybersecurity, software and data positions, an increase from 59% in 2024, according to CompTIA data.
With IT unemployment below the national average, qualified workers in high-demand fields have the upper hand. Workers with AI know-how also command higher salaries than their non-AI-savvy counterparts.