The tech industry is in danger of losing its best and brightest.

Date:

Share post:

[ad_1]

Tuesday 04 October 2022 4:39 am

The tech sector’s work culture continues to divide, with new data showing that more than half of Europe’s tech workers are considering a career change.

The tech sector’s work culture continues to divide, with new data showing that more than half of Europe’s tech workers are considering a career change.

More than three-quarters of young tech workers (35 percent) are unhappy in their jobs, with more than half (54 percent) considering a complete career change, according to the Young Generation Tech Survey by HR firm HiBob and Global Ventures. Eight ways fund.

Poor management and an apparent lack of growth are to blame for job dissatisfaction, according to the under-30s study, but there are signs that rising stress associated with layoffs is a factor. In the UK and Sweden, more than a third of young tech workers say they expect to be laid off or laid off during this recession.

“These findings suggest that young people in tech have lost faith in their employers and the tech industry’s big promises,” said Roni Zehavi, co-founder and CEO of Hibob. “Responsible employers should take this as a warning and listen to their concerns or risk losing the best and brightest.”

But it’s not just the young who feel hopeless.

A new study by accounting firm Intuit QuickBooks found that 1 in 20 women in tech or fintech who experience menopausal symptoms have quit or considered leaving their jobs because of their symptoms.

The study, which surveyed 3,000 men and women working in fintech or technology providers, found that nearly a quarter of women surveyed had delayed or canceled plans to apply for a promotion.

More than two in five women surveyed (43 percent) do not disclose to their employers that they are menopausal, with many saying they do not want to draw attention.

Commenting on the findings, VP and UK Head of Intuit QuickBooks, Jolon Victor, said: “Putting more focus on supporting women through menopause will also have many benefits for employers – retention rates and they may see their talent pipelines available. It improves, when obstacles to growth and fulfillment are removed.

Taking action on issues like these can help close the gender pay gap in tech and fintech.

[ad_2]

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img

Related articles

Imroz Salam Lokhande A Rising Star in Modeling and Acting

Imroz Salam Lokhande: A Rising Star in Modeling and Acting Name: Imroz Salam Lokhande Nickname: Roz Profession: Actor, Model Height: 5.5 inches Weight: 51 kg (112.43 lbs) Figure Measurements: 36/30/36 Eye...

Ragini Kasturi A Versatile Force in Indian Music 28345

Ragini Kasturi: A Versatile Force in Indian Music In the dynamic landscape of Indian music, few artists can make...

Divya Tyagi Makes Her Playback Singing Debut in “A Morning In Kashmir -8426

Divya Tyagi Makes Her Playback Singing Debut in "A Morning In Kashmir Renowned for her soulful devotional songs and...

New Soundboard Review: Pricing is Not Always the Only Criteria

I actually first read this as alkalizing meaning effecting pH level, and I was like, OK I guess...