More Tech Pros Voluntarily Quitting Their Jobs

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New data from the U.S. Bureau of Labor Statistics (BLS) suggests that more tech pros are voluntarily quitting their jobs.

In August, some 507,000 people in Professional and Business Services (which encompasses tech and STEM positions) quit their positions, up from 493,000 in July. It’s also a significant increase over August 2014, when 456,000 professionals quit.

Voluntary quits are generally a sign of a good economy, hinting that people feel confident enough about the market to jump to a new position (likely with better pay and benefits), if not strike out on their own as an independent.

For tech pros, things are particularly rosy at the moment; according to the BLS, the national unemployment rate among tech pros has hovered at under 3 percent for the past year, although not all segments have equally benefitted from that trend: Programmers, for example, saw their unemployment rate dip precipitously between the first and second quarters of this year, even as joblessness among Web developers, computer support specialists, and network and systems engineers ticked upwards during the same period.

If there’s one tech segment that hasn’t enjoyed economic buoyancy, it’s manufacturing, which has suffered from layoffs and steady declines in open positions over the past several quarters. With weakening demand for PCs and other electronics devices, many hardware manufacturers are in the doldrums; on the human side of things, innovations in factory automation have eliminated jobs.

For those involved in many aspects of consulting and software, though, the good times continue. If you’re a tech pro who intends on jumping to a new job, just remember that it does you no good to burn your bridges when leaving your former position; you never know when you might be back.

Image Credit: iNueng/Shutterstock.com

Comments

8 Responses to “More Tech Pros Voluntarily Quitting Their Jobs”

October 22, 2015 at 10:41 am, J. Mancuso said:

I chose to leave my IT position after 10 years with the company. Management was forcing me to use a new software package from a company that was still developing the product and their support was horrible, to say the least. Could I have stayed and implemented the migration to this software, yes. Did I want to, no. I was confident it would have been a nightmare and in the end I was the only one who would have to manage and take the fall for the issues in the implementation, which would be critical. No thank you!

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October 22, 2015 at 12:53 pm, ReVeLaTeD said:

I don’t agree that voluntary quits are a sign of a good economy. They’re a sign that businesses are making bad decisions.

If an IT worker, likely paid six figures, chooses to quit their position, it’s almost always because (A) the company direction has shifted to the wrong place, (B) the company is making decisions regarding the software and hardware footprint that are in conflict with what the IT worker believes, (C) ethical/moral reasons or (D) benefits have tanked.

In all four of those, the company has consciously made choices that do not benefit the employee. Meaning turnover will just increase in response.

That’s not the sign of a good economy.

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October 22, 2015 at 8:23 pm, B. Carroll said:

ReVeLaTeD Said it best I think.

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October 23, 2015 at 8:26 pm, Jon Doe said:

Well done, ReVeLaTeD.

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October 29, 2015 at 9:33 pm, J. said:

“They’re a sign that businesses are making bad decisions.” – ReVeLaTeD

New leaders want it now; and fast. CXO’s – if you believe the Marketing rhetoric, cut out process and procedure, and leave it to the workforce to clean up the mess, the long term results will be a diminishing of returns and subsequent attrition of staff who are marketable elsewhere in the workforce. Good decisions take time. The idea of throwing ideas out and seeing what sticks doesn’t bode well. The more failures you get doesn’t always mean that you are closer to a success. A a single success will mostly never make up for a lack of leadership. Not the way to run a company when you have 1000’s of people’s livelihood banking on what you do next.

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December 03, 2015 at 6:54 am, Kurrent said:

These comments reflect that a lot of the long term IT are unwilling to accept that the model is drastically changing and that they are static in their vision of IT. So their view is the company is making a bad decision when investing in new processes that is most likely just as painful but a necessary move to stay competitive.

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December 17, 2015 at 4:20 pm, Uma Longton said:

Non technical top CEO management always thinks their ideas are brilliant ! They are a bunch of seminar following losers who could not program themselves out of a paper bag. Talk with the people who actually have to implement the “new direction” and see what they say before you give up on millions of dollars of software investment and current employee knowledge !

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June 16, 2016 at 4:38 pm, Cindy said:

I agree with ReVeLaTeD in the reasons for why IT tech pros (or anyone else, for that matter!) quits a job. However, those terrible management decisions always exist. It is the good economy that allows people to escape from companies that are making those terrible decisions.

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