Consulting firm BearingPoint may have filed for Chapter 11 protection, but its CIO has a plan for making sure his top workers don’t flee.
In good times, retaining top IT talent is a top priority for CIOs. Now, in the recession, many IT leaders are scrambling to keep their most valuable staffers from jumping to better opportunities.
Management and technology consulting firm BearingPoint, which filed for Chapter 11 bankruptcy protection in February, is taking several steps to retain its top IT workers. While some of these tactics involve financial compensation, the key to the effort is creating an environment that makes IT professionals want to stay with the firm.