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IT Skills Shortage Drives Salaries, Retention Difficulty: Harvey Nash Report

Posted on on November 10, 2015

A long-term IT skills shortage is driving tech salaries up and making it hard for companies to retain talent, according to the fourth annual Harvey Nash Technology Survey.

The report found four in 10 technologists changed jobs this year, and more than three-quarter of respondents, 77%, listed a good salary as the main motivator behind the switch. This is up 16% from a similar survey last year and pushed work/life balance -- cited by 72% of respondents -- out of the top spot. Opportunity to work on innovative projects rounded out the top motivators at 69%.

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