With over 1720 respondents from 69 countries, the Harvey Nash Group Technology & Talent Study is one of the largest tech reports on the planet. It covers...
Despite the significant rise in mental health concerns across the technology sector, the study found that more companies are being supportive, with over 80% ‘quite’ or ‘very’ supportive towards staff with concerns. Encouragingly, those companies regarded as unsupportive have dropped by almost a quarter in the past year.
Salary rate changes were dependent on sector, with two of the sectors to rapidly transform their operations to digital/online (healthcare and retail/leisure) rewarding workers the most. For example, In the healthcare sector over half (54%) of tech professionals reported that their pay had risen, with a similar number (50%) in retail/leisure.
Although longer hours and stress has been on the rise throughout the pandemic, the majority of tech workers haven’t missed their daily commute to the office as they have benefited from the greater flexibility that WFH has brought. In fact, the number of tech workers happy in their role has increased this year to almost two thirds (63%), and there are fewer tech workers unhappy in their role than in 2020.
For the first time, work location & remote working has risen to become one of the three most important factors for engaging and retaining key technology talent during and after the pandemic. Leaders will therefore need to rethink how they attract and engage their employees in a world where physical location is no longer a prime asset.