It's not an employer's market anymore, and organizations need to make retention of their tech talent a priority.
When top talent leaves, the entire organization feels the repercussions, and the morale of those remaining usually suffers. The loss of key, high-profile employees signals corporate uncertainty to the rest of the workforce. But it's not just a matter of holding on to the talented stars who are at the top of their professional game. Employees with deep institutional knowledge are vital to maintaining business operations.
While retention is surely preoccupying those in the C-suite, it's usually a matter that has to be tackled at the departmental and even the team level. It's been said that people join companies but leave managers, and that's true.