As competition for skilled tech workers continues to grow, companies need to develop strategies to retain top talent, improve recruitment practices, and prepare the next generation of IT professionals.

1. Upskill internal talent first.

Your employees know the business better than anyone. Providing internal opportunities to upskill in tech can help build engagement and affinity as well as provide cost-savings opportunities.

2. Invest in the highest-impact learning levels.

Provide financial support for those looking to enhance needed skills and degree learning for certain fields.

3. Develop education-workforce alliances.

Institutions and industry working together can be beneficial in terms of upskilling. Seek organizations that share your company's qualities and goals.

4. Look beyond traditional IT hires.

Increase the number of viable candidates by considering employees in a range of tech-related positions, such as tech support and website development.

5. Review HR policies.

Expand the candidate pool and ensure diversity by removing barriers to hiring and offering competitive benefits such as flexible schedules.