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Turning the Corner offers insights on retaining tech talent

Denver's tech scene is booming, drawing plenty of talent to the region and developing talent locally. The city also is constantly ranked one of the best places to live. However, at least one ranking from Indeed in 2016 found that Denver's employees were the most disgruntled in the country, leading to high turnover rates. 

"It's primarily because the small business community here does not know how to create great work environments for people to thrive," explains Kendra Prospero, CEO of Turning the Corner, an employment services company. "We work with thousands of people every year and eight out of nine reasons they leave their job are because of management issues. This is magnified here in Denver -- the lack of investment the small business community is making in leadership and management basics is appallingly low, and it shows up with low engagement and high turnover."

In the tech industry, for instance, a PayScale report puts the average tenure of an employee at three years, even as employment in numerous parts of the tech industry are expected to see continued growth through at least 2024. Between high turnover and quick job growth, it's harder for companies to develop deep pools of talent in their employees. 

Prospero says that employers can change this trend in Denver by developing mindful leaders by investing in training that promotes better management. "We need to strive to make Denver the place that creates the most emotionally intelligent leaders, and if we do that, we'll have no problem attracting the best to any industry and any job," she says.

Contact Confluence Denver Innovation & Jobs News Editor Chris Meehan with tips and leads for future stories at chris@confluence-denver.com.

Read more articles by Chris Meehan.

Chris is a Denver-based freelance writer, editor and communications specialist. He covers sustainability, social issues and other topics.
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