Tenure of Telecom pros exceeds that of CIOs by 18 months
Tenure of Telecom pros – In the process of preparing for our mid-year IT salary survey, we have started to review the impact of the baby boomers who are now starting to to retire in droves. The issue that CIOs and CSOs face is wither they have the resources in place to fill those positions as these professionals retire.
Added to this is the fact that over the last several quarters the total number of job in the telecom field has shrunk significantly. This has also dampened the number of new entrants into that job market.
Preliminary data that we have seen shows that telecom salaries are not keeping up with the rest of the IT industry.
CIOs and CSOs are going to have to address succession planning for not only the telecom pros retiring, but also for the rest of the baby boomers that they have on their staffs.