Given that the average annual turnover rate for information technology professionals is 15 percent and compensation for IT workers is increasing from 30 percent to 40 percent of departmental budgets, CIOs would do well to keep their data warehousing employees happy. And the key to success is building a personnel strategy that is flexible and motivates workers to stay with the company. The top reasons people leave IT jobs involve a lack of opportunity for growth, dissatisfaction with management and dissatisfaction with compensation, Maureen Clarry and Kelly Gilmore, founders of CONNECT: The Knowledge Network, told attendees Aug.12 during their session "Organizing and Retaining Data Warehousing Teams" at The Data Warehousing Institute World Conference Summer 2001 in Anaheim, Calif. But if companies develop both a skills matrix and a staff inventory, they are much more likely to know what their employees can and can’t do on the job. When building a data warehousing team capable of handling multiple roles and working together successfully, Clarry and Gilmore say hiring managers need to ask themselves and answer these questions:
Clear career development options and processes can help prevent losing valuable employees to the competition, Clarry and Gilmore told attendees.
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