Location
Harare, Zimbabwe and Virtual
Start Date
14-9-2023 4:00 PM
End Date
14-9-2023 4:30 PM
Description
South Africa has an Information Technology skills shortage leading to high turnover of Information Technology professionals. Not only do companies face significant costs in replacing software developers, but high mobility also affects staff morale. Millennials are known to be more loyal to their own needs and do not tend to stay at companies for long, increasing the complexities of retention. This study explores the factors that influence the retention of millennial software developers in South African companies. The qualitative study was carried out using online semi-structured interviews. The study found that work environment, lifestyle, and management style, play a key role in the retention of millennial developers in South Africa. Key findings relate to the influence of racial/cultural team diversity, competitive compensation, a digital nomadic lifestyle as well as purpose and recognition towards retention. Recommendations are also made on how companies can retain millennial software developers.
Factors Influencing the Retention of Millennial Software Developers in South African Companies
Harare, Zimbabwe and Virtual
South Africa has an Information Technology skills shortage leading to high turnover of Information Technology professionals. Not only do companies face significant costs in replacing software developers, but high mobility also affects staff morale. Millennials are known to be more loyal to their own needs and do not tend to stay at companies for long, increasing the complexities of retention. This study explores the factors that influence the retention of millennial software developers in South African companies. The qualitative study was carried out using online semi-structured interviews. The study found that work environment, lifestyle, and management style, play a key role in the retention of millennial developers in South Africa. Key findings relate to the influence of racial/cultural team diversity, competitive compensation, a digital nomadic lifestyle as well as purpose and recognition towards retention. Recommendations are also made on how companies can retain millennial software developers.
