Employers recognize the potential impact of burnout and are taking steps to assess the degree of employee dissatisfaction, with 84% indicating they do employee surveys, another 18% using the performance review process to obtain employee feedback, and 15% using suggestion boxes to keep the lines of communication with employees open, according to the 2003 IT Staffing and Compensation Guide, released by META Group, Inc.
Additionally, 55% of those surveyed have begun implementing skill development programs as a means to boost employee morale, while 24% have created better overall retention programs.
However, monetary rewards still register as a viable backup plan as:
- 11% of surveyed companies raised salaries
- 11% are hiring more staff
- 8% offer cash incentives to prevent employee burnout
Surprisingly, a few IT organizations with remote locations relied on a change of scenery to attract more talent and retain good people, while 5% moved the company to a new location altogether in an effort to lure skilled workers and reduce employee malaise.
For more information about the 2003 IT Staffing and Compensation Guide, visit www.metagroup.com .