Compensation and Benefits in the Era of Cloud Scalability: Strategies to Attract and Retain Top Talent
The Importance of Compensation and Benefits in the IT Industry The IT industry is one of the fastest-growing sectors in the world, with a projected growth rate of 13.3% by 2025. As the demand for skilled IT professionals continues to rise, companies are facing increasing competition to attract and retain top talent. Compensation and benefits play a crucial role in this process. According to a survey by Glassdoor, 60% of employees consider benefits and perks to be a major factor in their decision to accept or reject a job offer. In the era of cloud scalability, companies are shifting their focus from traditional compensation models to more innovative and flexible benefits packages. ...