Papers on "Retaining Employees in the High-Technology Sector" and similar term paper topics

Paper #053956 :: Retaining Employees in the High-Technology Sector
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A look at various possibilities for encouraging company loyalty in the programming industry and how these measures can help a software development company.

Written in 2004; 1,701 words; 3 sources; APA; $ 55.95

Paper Summary:

This paper details the industry-wide problem of retaining employees in the high-technology sector, with an emphasis on the field of computer programming, and then outlines some measures that can be taken to encourage company loyalty. The paper also takes a look at a particular software development company and makes recommendations for applying these measures so that the company can attract and retain the programmers it requires.

From the Paper:

"Retaining good staff is an issue in many organizations. The issue becomes even more significant in sectors where employees are in high demand. The issue becomes critical in sectors where employees provide the organization?s major source of competitive advantage. These factors are both present in the computer programming sector, with computer programmers in high demand and with having the best computer programmers a major competitive advantage. The demand and the importance of computer programmers has meant that technology companies are all willing to pay top dollar for employees. This makes simply paying high rates not enough to attract and retain good employees. In addition, high-technology companies are active in recruiting employees, including luring employees away from other companies. These issues are the basis for the current problems being experienced at XYZ, a software development company. XYZ is currently a thriving company, with the business growing and with many new contracts in place. Unfortunately, this success is under threat because of problems in attracting and retaining computer programmers for product development. Without these computer programmers, the organization cannot provide its core services, making this a major issue for the company. To ensure that the company can complete current projects, and to ensure that the company can continue to successfully expand, it is critical that the company address this problem. This requires a consideration of what organizational changes can be made both to attract and to retain computer programmers."

Tags: employees job specialization decision-making hierarchy team authority rewards

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