Human Resources Challenges in the IT Industry

Over the last fifty years the landscape of the dominant industries has changed. Perhaps, most notably one of the industries that have grown at exponential rates is the IT industry. Information Technology is at the forefront of our economy and the foundation of most businesses today. With this boom comes unique challenges in managing the talent that is the driving force of the industry’s success.

Employer Solutions Plus has extensive experience in delivering HR solutions for the IT industry. This experience gives us inside insight into the challenges that most IT companies are facing from an HR standpoint.

We have identified the top 3 challenges that IT companies face as they continue to be a pillar of the global economy.

1. Recruiting & Retaining Talent.

The IT industry is cutthroat – it requires that employers must be able to offer strong benefits packages to potential employees. They also need to ensure that these packages remain competitive in order to retain employees. Human capital is critical to the success of an IT company. High rates of attrition or the inability to recruit quality talent will quickly cannibalize a company.

2. Performance Management.

Managing employees in the IT industry can prove to be challenging. You need to create a culture of success and the desire to perform. Fostering a culture of accountability, personal growth and a connection to the business is critical. This industry makes it very easy to move swiftly from one company to the next.

3. Maximizing your ROI.

As we mentioned, the IT industry is a human capital investment. If you are unable to maximize the return on this investment by streamlining processes, having a strong management focus on the bottom line and reducing your liabilities as an employer, your business will suffer.

Employer Solutions Plus has an industry leading PEO Program that is uniquely positioned to help you address these challenges.