HR Disrupted

The two-year itch: Rethinking Retention for the Modern Tech Workforce


Listen Later

Many of our talent and career development models stem from another age - when we joined a company, got a number of promotions and stayed as long as the company allowed us to. Of course, nowadays, the reality for many of us is very different. Flatter structures offer fewer promotional opportunities. Volatile markets mean that the longevity of companies has declined. And whilst there is some debate about whether Gen Z and Millennials do want to change companies more often - in one sector, there’s clear evidence that retaining your people is more of a challenge. In the tech sector, employees are changing jobs and companies every 2 years or so. This is a particular challenge for smaller tech companies where promotional opportunities are more limited.

So, how does an HR Director tackle this challenge? Is it about creating golden handcuffs or just accepting that this is the new normal? To discuss this issue Lucy is joined by Matt Kennedy, CPO at Go1, a leading learning content provider. Matt provides an intriguing perspective on the evolving challenges of employee retention in the tech industry, where traditional career paths are being upended. He shares his story of transitioning from Microsoft and Starbucks to a cutting-edge tech company . We explore how smaller tech companies can distinguish themselves from larger corporations by offering more personalized growth opportunities and promoting impactful projects. We discuss the importance of being transparent about career paths and creating a culture that not only retains talent but also transforms former employees into ambassadors for the organization. His experiences highlight the vital role of informal mentorship and real-world experiences in developing soft skills that complement formal training. For HR professionals eager to challenge the norms and enhance employee retention, this conversation is packed with practical strategies and thought-provoking insights that will leave you rethinking your approach to building a resilient workforce in the dynamic tech landscape.

(00:03) Navigating Career Challenges in Modern HR

(10:11) Career Challenges in Tech Sector Retention

(20:29) Creating a Culture of Retention

Contact Matt: https://www.linkedin.com/in/matt-kennedy-b695603/

Disruptive HR

Website: www.disruptivehr.com

Join the Disruptive HR Club https://disruptivehr.com/the-club/

...more
View all episodesView all episodes
Download on the App Store

HR DisruptedBy Disruptive HR

  • 5
  • 5
  • 5
  • 5
  • 5

5

5 ratings


More shows like HR Disrupted

View all
The Martin Lewis Podcast by BBC Radio 5 Live

The Martin Lewis Podcast

77 Listeners

CIPD by CIPD

CIPD

18 Listeners

Eat Sleep Work Repeat - better workplace culture by brucedaisley.com

Eat Sleep Work Repeat - better workplace culture

288 Listeners

Squiggly Careers by The Squiggly Career

Squiggly Careers

65 Listeners

The Diary Of A CEO with Steven Bartlett by DOAC

The Diary Of A CEO with Steven Bartlett

8,716 Listeners

Feel Better, Live More with Dr Rangan Chatterjee by Dr Rangan Chatterjee: GP & Author

Feel Better, Live More with Dr Rangan Chatterjee

3,977 Listeners

Happy Place by Fearne Cotton

Happy Place

1,134 Listeners

How To Fail With Elizabeth Day by Elizabeth Day and Sony Music Entertainment

How To Fail With Elizabeth Day

1,267 Listeners

The High Performance Podcast by High Performance

The High Performance Podcast

609 Listeners

HR Coffee Time by Fay Wallis

HR Coffee Time

6 Listeners

ZOE Science & Nutrition by ZOE

ZOE Science & Nutrition

2,064 Listeners

Begin Again with Davina McCall by Begin Again

Begin Again with Davina McCall

560 Listeners

Rise with Roxie by Bauer Media

Rise with Roxie

51 Listeners

Aspire with Emma Grede by Emma Grede | Audacy

Aspire with Emma Grede

610 Listeners

Dig It with Jo Whiley and Zoe Ball by Persephonica

Dig It with Jo Whiley and Zoe Ball

231 Listeners