Dr. Jim Anderson takes a look at why IT managers are not getting promoted.
Dr. Anderson explains how changes in the stock market have caused baby boomers to hold on to their IT jobs. This is causing problems for everyone else in IT. Dr. Anderson provides suggestions for how to deal with this problem.
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What do you think the mood of your IT team is right now? Poor? Downright bad? If your workplace is like most businesses out there right now, your team is still reeling from all of the layoffs, hiring freezes, pay cuts, etc. If nothing else, there has been a lingering sense of dread that has been in the air for the better part of two years. What do you need to be doing?
There’s nothing physically wrong with your team, they are just really, really stressed out. What this means is that their creativity and productivity are probably at all time lows. You’re going to need to step in and do something about this situation.
I can almost hear you now: “I just don’t have time to do this right now.” Well guess what, you had better start to find the time. Otherwise you are going to find yourself buried in a wave of interviews as you try to fill all of the open positions in your department when everyone leaves.
The Conference Board has done a survey of 5,000 U.S. households (your team may not have been part of the survey, but the results probably still apply) and the results showed that only 45% were currently happy with their jobs. You’ve got a problem on you hands.
You’ve got no budget, you’ve got no open req’s, what’s an IT manager to do when you need to cheer up your team? The good news is that there are a lot of low-cost, no-cost things that you can do that will save you much grief later on:
As the global economy starts to improve, you as an IT Leader are going to have to start taking steps to make your beaten down staff feel special once again. If you don’t do this, then when the job market picks up, they are going to leave you.
Many of the most effective things that you can do involve low-cost or no-cost actions. Things like changing job titles, becoming more flexible with work times, or even just taking the time to listen better would all have positive results.
No matter what you decide to do, make sure that you do something. There is nothing more important for you to be spending your time on than making sure that your talented and experienced staff stay on board with you.
Question For You: In your company, what would the easiest thing be for you to do in order to boost your team’s morale?
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In the life of an IT Leader, there will come the day that you find yourself in a new position. You might be working for the same company and just be in a different role or you might be starting a new job – no matter, the challenge is the same. Where do you start? It turns out that doing nothing right off the bat might be the right idea…
Things are tough all over. If you were counting on getting a promotion this year, you might want to scale your hopes back just a bit. A lot of IT Leaders are discovering that their career plans are having to be put on hold. Maybe we should spend some time talking about what you should do now…
Have you noticed just how far down the U.S. stock market has dropped over the last couple of years? Since most of the baby boomer generation that is currently working in IT has their retirement funds tied up in stocks, they’ve seen their dreams of a well funded retirement take a hit. What this means is that they won’t be retiring any time soon.
What this means for all other IT Leaders is that the normal process of IT staff retiring each year and opening up senior management positions that are then filled by junior IT staff won’t be happening this year. Dang!
The folks over at Watson Wyatt Worldwide Inc. have done a survey of more than 2,200 U.S. employees and they’ve found that 44% of workers who are over 50 plan on postponing their retirement. Just to make things even worse, about half of these folks are now planning on working at least three years longer than they had originally planned on.
So let’s talk frankly here: no matter what level your IT career is currently at, you are going to be blocked. Just to make things even worse, the experts are telling us that we shouldn’t expect promotions to come back any time soon.
So what should you do? Quit? In this economy? I don’t think so. Instead we should take a look and see if we can come up with a different solution.
As always, if you are expecting a promotion and you don’t get it, you need to take a look at the underlying reasons for you not getting the promotion. If you determine that your promotion was postponed because of either the company’s economic situation is poor or because there is a human logjam before you, then you still have hope.
Now you’ve got to plot your next step.
The easiest way to solve this problem is if you are willing to accept an alternative to a promotion – like money. This is sometimes called a “retention reward” and it’s a bonus that is paid to employees when they deserve a promotion but one is not currently possible.
Once you realize that your deserved promotion may be delayed, you need to start to take steps to boost your value to the company. What you really want to do is to make it very easy for the company to slide you into the promotion once it becomes available. This means having a talk with your boss in order to find out if there are ways to get some of the experience that goes along with the promotion position even if you can’t get the title right now.
As with all requests like this, you do need to be careful. You don’t want the company to get too comfortable with you doing the work of the higher level position while being paid at your current lower rate.
The world is working against you – just when you are expecting a promotion, everything gets flipped upside down and you find your way up the career ladder blocked. These things happen and you need to find ways to deal with it.
Quitting is always an option; however, unless you have another job already lined up it’s probably not the way to go right now. Instead, ask if you can get a bonus to replace the promotion that you won’t be getting right now. At the same time see if there is any way that you can gain more experience doing the type of work that you will be doing when the promotions free up once again.
Promotions will eventually return. As a top-notch IT Leader you need to use this delay to build the skills that will ensure that you will be one of the first to get promoted once things start moving again. Take these actions now and you’ll be ready for the big day whenever it finally comes…
If your next promotion gets delayed, what steps would you take?
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As an IT leader you’ve got a lot to do. As though it wasn’t enough to stay on top of your staff keeping them happy, engaged, and productive, you are also constantly working to stay on top of all of that changing technology. It turns out that you have an additional task that you might not be taking the time to do: figuring out where your company is trying to get to.
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