The IT & Communications sector has become arguably the most challenging arena for HR professionals to operate in. Competition for attracting and retaining skilled workers in a global market is intense and higher than in many industries.
As it stands the UK technology sector is growing more than 2.5x faster than the overall economy and London has been ranked as the second most connected place for tech in the world behind Silicon Valley in the US.
Rapid growth, skill shortages associated with Brexit and a global workforce (London-based startups have the fourth most international workforce in the world) make it imperative to create and communicate an attractive employee deal.
Another challenge facing the industry is in recruiting more women. While the proportion of tech jobs held by people of black, Asian and ethnic minority backgrounds (15%) is higher than the figure for total UK jobs, only 19% are filled by women, compared with 49% of all UK jobs. We work with our clients to help them understand their pay position, run deep dives analysis to understand the root cause of gender disparities and create inclusive reward propositions to redress the balance and attract the industry’s best talent.
These challenges are set against a background of rapid change. Home of the ‘Scrum’ and ‘Sprint’ and arguably the founders of agile working, tech companies need HR leaders who are committed to innovation and performance. This fast-paced environment demands strategic HR planning within the context of the organisation’s overall business plan.
We work with our clients to empower proactive decision making. Innecto clients create departmental efficiencies through the adoption of HR tech and deliver long-term strategies to harmonise their approach to reward.
