Fickle Gen Y

Generation Y is more interested in achieving a work-life balance and job satisfaction than accumulating wealth, so IT companies must offer incentives or more cash to attract staff, claimed an IBRS analyst.

According to Kevin McIsaac, senior analyst at IBRS, there are fewer young people to fill entry level positions as baby boomers settle into retirement and Generation X step up to management roles.

“While you still have people in the workforce over forty who have the skills, they’ve moved into management positions and expect higher salaries,” he said. “You haven’t got the younger people coming in because there simply aren’t as many of them and they aren’t going into IT.”

More>…