#1500 – 701 W. Georgia St. Vancouver, BC
(604) 540-3532
info@tm8.ca

Reduce your Developer staff turnover rates

Reduce your Developer staff turnover rates

Reducing your Developer staff turnover

I may be kicking myself for writing this but despite the fact that we earn fees for sourcing and placing candidates with clients, I very much prefer to see customers reduce your developer staff turnover, and I want the candidates we work with to be happy and stay for the long haul at the companies we place them in. In this article I focus on permanent hires as opposed to contractors, yet this applies to retaining good contractors as well.

Compensation

Money isn’t everything but if you’re
not in the ballpark, you’re selling your company short. It will be
very difficult to attract talented people, and even more difficult to
retain them if the compensation you offer is on the lower side. Sorry
to say it, but recruiters like me are constantly on the phones
calling, mailing and connecting with local tech talent for our
clients. Job satisfaction and salary are two of the main drivers as
to why someone decides to part ways, and we have clients willing to
pay top salaries for top talent. If you won’t pay, they’ll go away!

Low salary offerings are often a
product of a lack of market awareness. This is especially true for
companies who aren’t local and don’t fully understand a highly
competitive and candidate-driven marketplace. “Keeping up with the
Joneses” really rings true here. If you’re not familiar with the
going salaries for your vacant developer (or any) positions in
certain regions, there are some great tools online like Payscale
or Glassdoor
and most good recruiters who work in the niche should be able to
assist you. We recommend going on the higher end of the scale if
you’re serious about retention. If you need consultation on this for
the western Canadian market, let us know we’d be happy to help.

Perks

Most tech companies we work with have GREAT perks! Flexible hours, work from home options (might become necessary with Coronavirus concerns), snacks, weekly lunches, extra time off, gaming tables, cool team events or even a beer fridge for team time events in the office. Great perks can make or break retention and even hiring. If you’re not providing great perks to your team, it’s time you rethink this if you want to attract and retain talent in this highly competitive industry.

Communication is key

Communication and transparency with
your Dev team needs to be more than a monthly check in. Get to know
them. Take them for lunch a few times a quarter, find out if there is
anything you can do to promote job satisfaction. Find out if there
are any roadblocks they face or struggles they might be experiencing.

At TM8,
we regularly check in with both candidates and customers after a
placement. We want to know the satisfaction from both sides, any
issues, any concerns and anything we can help build the bridge with
if there is something amiss. We look to be a bridge between parties
and having a 3rd party involved takes the pressure off of
both sides. We are working on behalf of both sides here.

Communication is key

Give them insight into the long term vision

Another important way to reduce your Developer staff turnover rate is to give them a long term vision. Since development is based on cycles and there’s always an urgent project on the go and another upcoming, it’s easy to neglect regularly communicating the long term vision with your Dev team. Although this vision can and does change with market forces, new target markets, and sometimes changes in direction, it is paramount to continuously keep your team up to date with the long term vision of your software and company.

Developers often get caught up in the
“Hype Cycle” and the latest technologies that will change
everything. That rival company down street might be onto that new
technology. From Ruby on Rails, to Angular, to the next big thing,
developers can get swayed by wanting to seek out new challenges and
technologies to feed their incessant need for learning and growth.
Stay up to speed on these trends and see if there might be a way to
incorporate them into your development plans. Keep it fresh!

It’s more than just a pat on the back

Don’t get me wrong, a pat on the back and declaration of a job well done is certainly welcome and needed to give your developers a sense of accomplishment and appreciation in their work and efforts. If you really want to reduce your Developer staff turnover; bonuses, annual salary bumps, additional time off and other incentives should be a mainstay of your retention landscape.

At the end of the day, it’s not easy
recruiting top talent. Moreover, retaining that top talent when you
do manage to on-board is another challenge altogether. Creating an
incentive driven-and positive environment in order for your
development team to flourish is essential in order to reduce staff
turnover.

Agree?

If you’re interested in getting further insight into reducing your developer staff turnover, or want to connect with us on some of the premier developer talent and careers we have available, contact us on info@tm8.ca or (604)540-3532

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