Confusion about pay
There is constant uncertainty about how much to pay tech professionals, especially with new jobs and the “Swiss Army knife” hybrid positions, the report says. Foote Partners recommends an Agile Compensation and Tech People Architecture approach that ties compensation to the ‘big picture’ of the job role. “It’s about how key human capital management elements such as job definition and design, skills demand and acquisition, compensation, incentives and recognition, professional development and work/life balance plug into an overall optimized operational model. The model is tuned to new technologies, business strategy, organizational goals and culture and performance philosophies, and it promotes flexibility and scalability, like any disciplined architecture approach,” the report explains.