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Q: Updated percentage for IT turnover rate ( Answered 5 out of 5 stars,   1 Comment )
Question  
Subject: Updated percentage for IT turnover rate
Category: Business and Money
Asked by: marykayems-ga
List Price: $10.00
Posted: 23 Nov 2006 18:57 PST
Expires: 23 Dec 2006 18:57 PST
Question ID: 785160
Hello,

I'm rewriting a white paper for an IT services company. I need to
update this information from the white paper:

"According to META Group's Worldwide IT Benchmarking Report, IT
turnover rates in 2002 were at 11.8%, up from 9.9% the year before."

The META Group was bought out by Gartner since then, and a quick look
through the Gartner Web site didn't reveal an updated report. The
updated information doesn't necessarily have to come from META or
Gartner (some other groups to look at are Forrester Research and
Aberdeen), but it does have to provide updated data (2005 at best or
2004 is acceptable) for the IT turnover rate.

Thanks!

Request for Question Clarification by bobbie7-ga on 24 Nov 2006 09:14 PST
Marykayems,

I can provide you with a chart showing the IT turnover rate (2005) in
100 companies. These 100 companies were ranked as the best companies
to work for IT professionals.

Would these figures interest you as an answer to your question?

Thanks,
Bobbie

Clarification of Question by marykayems-ga on 28 Nov 2006 11:13 PST
Yes, I would accept that as an answer.
Answer  
Subject: Re: Updated percentage for IT turnover rate
Answered By: bobbie7-ga on 28 Nov 2006 11:38 PST
Rated:5 out of 5 stars
 
Hello again Marykayems,


Thank you for the positive response to my clarification request.

Here is the link to the chart showing the IT employee turnover rate
(2005) in 100 companies.These 100 companies were ranked as the best
companies to work for IT professionals.
http://www.computerworld.com/html/research/bestplaces/2006/bpchart_05_itturnover.html


Additional information that may interest you:

?ISR, a leading international employee research and consulting firm,
has uncovered new research that indicates that employment security
concerns, perceived unreasonable workloads and job stress are
contributing to a growing discontentment among U.S. IT workers and
increasing wanderlust among the sector?s top performers.?

(?)

?Job stress is a problem for 51 percent of all U.S. IT workers, which
is 10 percent greater than reported by the overall U.S. workforce; and
53 percent say their workloads are excessive, compared to 39 percent
of the U.S. workforce. In addition, ISR data shows that the number of
IT workers who would seriously consider leaving their company
increased from 16 percent in 2004 to 25 percent in 2005.?

?The ISR findings indicate that job stability is a growing concern
among IT workers. Only 57 percent of U.S. IT workers are sure they
will continue to have a job as long as they perform well. In
comparison, 68 percent of the overall U.S. working population report
confidence in keeping a job as long as they perform well.?

?Also supporting this notion is the ISR finding that 57 percent of IT
workers are worried about being laid off within the next year,
compared to 47 percent of the U.S. workforce. Even more troubling,
just 33 percent of IT workers are unworried about the consequences of
a corporate reorganization.?

According to Gary Berger, Ph.D., executive director of ISR,  as
outsourcing continues to gain momentum and the economy improves,
turnover among IT workers will increase.

Certmag
http://www.certmag.com/articles/templates/CM_gen_Article_template.asp?articleid=1596&zoneid=236


?A survey of some 1,500 chief information officers (CIOs) in 21
countries, conducted by Deloitte and Touche Consulting Group, suggests
that IT managers throughout the World are experiencing a difficult
combination of unprecedented demand for IT workers and high turnover
rates. According to the survey, companies are finding it especially
difficult to retain employees in four key areas?client/server
architecture, data modeling, distributed databases, and particular
packaged software applications such as SAP. Turnover rates in these
areas range from 35 to 45 percent.?
http://www.technology.gov/reports/itsw/itsw.pdf



The IT staffing shortage has been headline news for several years and
it?s not getting better. A recent CIO Magazine survey found that the
average IT staff turnover rate was 14.5 percent.
http://www.bijonline.net/Article.asp?ArticleID=221&DepartmentId=6



Search terms:
Industry benchmark IT turnover
IT turnover percent


I hope the information provided is helpful!

Best regards,
Bobbie7
marykayems-ga rated this answer:5 out of 5 stars and gave an additional tip of: $2.00
Bobbie7, 
This is extremely helpful; thanks for taking this off my plate. What a relief!
Marykayems

Comments  
Subject: Re: Updated percentage for IT turnover rate
From: bobbie7-ga on 28 Nov 2006 12:08 PST
 
Marykayems,

I'm glad the information I provided helped you.
Thank you for the stars and tip!

Best regards,
Bobbie7

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