Media releases are provided as is by companies and have not been edited or checked for accuracy. Any queries should be directed to the company itself.

META Group Finds Low IT Employee Morale Reaching Critical Level

  • 10 June, 2004 14:31

<p>SYDNEY, Australia. (June 10 2004) - Among the many areas of high concern to IT organizations this year, few are as evident as employee morale, according to the 2004 IT Staffing and Compensation Guide, an annual study released by META Group, Inc. (Nasdaq: METG). In fact, among the more than 650 companies surveyed, more than 72 percent indicate that low IT employee morale is currently a serious issue in their organizations — a problem that could spell longer-range turnover, lower productivity, and less overall shareholder value to the organization as a whole if not addressed.</p>
<p>“Working through this prolonged recession, which has seen budget cuts across the enterprise, numerous staff cutbacks, and general sector uncertainty, has definitely taken its toll on IT employee morale,” said Maria Schafer, senior program director with Executive Directions at META Group, and author of the annual IT Staffing and Compensation Guide. “The combination of these factors creates a difficult situation for the IT organization: productivity is hurt by having fewer people, fewer investment dollars for projects, and a perception that companies do not focus on retention.”</p>
<p>META Group recommends proactively addressing these issues to avoid a loss of productivity. “The IT organization needs to take a broader view of these issues, and turn them into challenges that ultimately can inspire new behaviors and better business performance,” said Schafer. “This approach will also help develop essential experience and a knowledgebase within the IT group.”</p>
<p>About 45 percent of companies surveyed have begun implementing employee recognition programs as a means to boost morale, while 40 percent have increased skill development opportunities. According to surveyed IT managers, career and professional development programs are used as a means to improve employee morale in 23 percent and 10 percent respectively, while only 4 percent are offering spot monetary incentives.</p>
<p>At a minimum, the majority of organizations are at least taking steps to assess the degree of employee dissatisfaction, with 68 percent indicating they conduct employee satisfaction surveys, while another 38 percent use the performance review process to obtain employee feedback, and 14 percent use suggestion boxes to keep the lines of communication with employees open.</p>
<p>About the Report</p>
<p>META Group’s 2004 IT Staffing and Compensation Guide is the industry’s most definitive source of IT staffing and retention-related research, containing the latest facts, figures, and guidance required for attracting, compensating, and retaining business-critical IT talent. The 900+ page report provides an exhaustive analysis of the most current best practices in human capital management, plus detailed models, illustrations, and recommendations. The report is offered with an online, keyword-driven navigation tool that enables customized queries of the compensation data, based on industry, geographic location, organization size, and number of IT personnel. For more information about the 2004 IT Staffing and Compensation Guide, visit www.metagroup.com or call (800) 498-META [6382] or (203) 973-6700.</p>
<p>About META Group</p>
<p>META Group is a leading provider of information technology research, advisory services, and strategic consulting. Delivering objective and actionable guidance, META Group’s experienced analysts and consultants are trusted advisors to IT and business executives around the world. Our unique collaborative models and dedicated customer service help clients be more efficient, effective, and timely in their use of IT to achieve their business goals. Visit metagroup.com for more details on our high-value approach.</p>
<p>EDITORIAL CONTACTS:</p>
<p>Jessie Shepherd
Markom Marketing
+61-2-9977-8922
jessieshepherd@markom.com.au</p>
<p>Peter Carr, Vice President, Director Operations
META Group
+61-2-9290-8659
peter.carr@metagroup.com</p>

Most Popular

Cool Tech

Toys for Boys

Family Friendly

Stocking Stuffer

SmartLens - Clip on Phone Camera Lens Set of 3

Learn more >

Christmas Gift Guide

Click for more ›

Brand Post

Bitdefender 2019

This Holiday Season, protect yourself and your loved ones with the best. Buy now for Holiday Savings!

Most Popular Reviews

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Latest Articles

Resources

PCW Evaluation Team

Aysha Strobbe

Microsoft Office 365/HP Spectre x360

Microsoft Office continues to make a student’s life that little bit easier by offering reliable, easy to use, time-saving functionality, while continuing to develop new features that further enhance what is already a formidable collection of applications

Michael Hargreaves

Microsoft Office 365/Dell XPS 15 2-in-1

I’d recommend a Dell XPS 15 2-in-1 and the new Windows 10 to anyone who needs to get serious work done (before you kick back on your couch with your favourite Netflix show.)

Maryellen Rose George

Brother PT-P750W

It’s useful for office tasks as well as pragmatic labelling of equipment and storage – just don’t get too excited and label everything in sight!

Cathy Giles

Brother MFC-L8900CDW

The Brother MFC-L8900CDW is an absolute stand out. I struggle to fault it.

Luke Hill

MSI GT75 TITAN

I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it.

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Featured Content

Product Launch Showcase

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?