$5.5 trillion

In delays, quality issues, and revenue losses more than 90% of organizations worldwide will experience by 2026 due to the IT skills crisis.1

46%

The percentage of leaders who say limited skills, capacity of the tech function hinder value delivery.2

13%

The share of employers who say they’re able to hire and retain the tech talent they need.3

As tech talent calls the shots, organizations need to answer

It’s a seller’s market in tech talent today. Job-seeking tech professionals often field multiple offers, yet fewer than one in seven employers say they can fill the tech roles they need, leading to lower returns on tech investments and dissatisfied customers. What’s really at stake in the tech talent crunch is competitive advantage and long-term survivability.

In an environment like this, what keeps talented people inside your organization? Engagement, growth, and purpose. Many tech professionals are moving into non-tech roles where they have the power to innovate, add unique skillsets, and make a difference in reaching strategic goals. Can today’s tech talent find opportunities like that in your organization?

When tech talent sees benefits, you reap the rewards

How can you make top tech professionals feel valued and engaged? Give them purpose-driven, differentiating work and let them solve problems that make an impact. When that happens, everyone benefits: rewarding work for your people, better strategic and market performance for your organization.

Efficient talent performance

With more satisfied team members, reduced turnover, and deeper institutional knowledge, your teams can mesh and operate more smoothly long-term.

Improved employer value proposition

Tech professionals know what they want—and talk to one another. When you establish a reputation as a valued employer, employees are more likely to stay while new talent seeks you out.

Improved technology outcomes

From internal processes and applications to customer-facing products and solutions, an organization that harnesses technology talent can do just about everything better.

Achieve organizational vision

When tech functions were in the back office, they got things done. When you elevate them to strategic leadership, they can help define and reach higher goals.

Reduced HR stress and workload

HR professionals deserve a transformation, too—they’d rather help support an engaged tech workforce than constantly backfill vacant positions.

Deloitte can transform your tech talent strategy

Deloitte has the experience and capabilities to help you move from incremental change to tech talent transformation. When key leaders such as the CIO and CHRO work in concert on a shared vision, it sets the stage for you to reinvigorate your workforce, stand apart in the tech talent marketplace, and refresh the skills that make you a leader in your industry.

Tech talent insights

Explore our thought leadership on tech talent strategy, market trends, and opportunities for your organization to solve tech talent challenges and deliver on business outcomes.

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Ready to move forward? Let's connect

Ready to transform your tech talent strategy? Let’s connect.

Nathaniel Paynter

Principal, Tech Talent Transformation Leader, Deloitte Consulting LLP

Manoj Mishra

Chief Technology Officer & Managing Director, Deloitte Consulting LLP