The tech industry can be a demanding place.
While we're drawn in by the ability to work virtually from anywhere with not much else than a laptop and good internet speed, the drawback is the constant need to stay engaged and switched on as an employee.
It's a fast-moving industry where new software, trends, and methods crop up regularly, far removing it from the regular 9-5 office job.
Employee turnover rates are high, too.
Back in 2018, LinkedIn surveyed over a half-a-billion professionals who ranked Technology (software) as the industry with the highest turnover rates (13.2%), closely followed by Retail and Consumer Products (13%) and Media Entertainment (11.4%).
While the rate is mostly linked to increase in demand and opportunities in the space, UX/UI Designers, Data Analysts, and Engineers are even more likely to jump ship to pursue fairer compensation.
But not all companies, especially startups, can afford to pay industry-leading salaries and provide dreamlike perks and benefits.
So what can you do? Improve your employee engagement.
Companies that invest heavily in engaging their employees and improving their overall experience see lower turnover rates, reduction in costs linked to re-hiring, and less wasted efforts overall.
And while the Human Resources (HR) team can help, the leadership team is the one that needs to contribute the most.
In our guide, we cover the essentials and the five strategies for increasing employee engagement, so that you can retain your staff for longer and help them feel more fulfilled in their roles.
Let's dig in!