For many, a job in tech is considered the cream of the crop. Chances to participate in technical innovation, greater creative freedom, unmatched career growth, rich development opportunities and competitive benefits like high pay and comprehensive insurance entice many job hunters.
But recent news from Silicon Valley regarding layoffs might make some question the industry’s job security and stability.
Headlines aside, jobs in tech and the benefits those positions provide are still numerous. And unlike jobs in medicine or teaching, many tech jobs don’t require a specific educational path to get started.
Finding a tech company providing a stable, growth-oriented culture is the goal, but it’s not as difficult as you might think.
When you’re looking for stability and longevity in the tech industry, here are some indicators that will help make an informed decision.
Track records matter
A documented history of success is an excellent indicator of organizational stability.
Elements demonstrating a solid business history can include:
- a clear business proposition and key differentiators setting an organization apart from its industry
- audited financials and a history of achieving financial goals (for publicly traded organizations, at least)
- consistent profitability and healthy cash-on-hand figures
- multiple revenue streams that can weather periodic shifts in economic conditions
- strategic and successfully executed expansion plans
As you search for tech jobs, it’s easy to identify many of these factors by checking out the organization’s website and social media accounts.
Employee-centric cultures
According to Gallup’s workplace analysis, the top reason employees leave an organization is because of a lack of career opportunities. Conversely, high-retention organizations not only understand that helping employees develop their skills and careers is paramount, but when the employees grow within an organization, the company thrives as well. This leads those companies to focus on improving their workforce through continued learning and growth opportunities, including upskilling and reskilling, professional mentoring and even leadership development.
Additionally, high-performing organizations also recognize the importance of physical and emotional well-being among their workforce.
Healthy meal options, fitness programs, on-site gyms and even green spaces where employees can get out and walk are all ways an organization can encourage physical wellness. For mental wellness, innovative organizations go beyond typical health insurance policies covering mental health needs by providing on-site advisors and convenient employee assistance programs that encourage healthy habits and self-care.
If inclusion is a big factor in your job search, the existence of these resources is a sign you’ve found an organization where the workforce feels heard, respected and encouraged to grow:
- philanthropic giving to organizations promoting diversity, equity and inclusion (DEI)
- accessible programming encouraging important conversations related to equity and diversity
- tools encouraging regular feedback from all team members
- easy access to dynamic DEI training through the organizational learning management system
Caring for the community
Organizations with roots in the community can take many forms. Some initiatives include corporate and employee giving programs, key sponsorships and partnerships with local events or athletic teams, and contributions to a wide range of causes.
A commitment to the community can also extend to the environment. Many companies recognize their responsibility to protect our planet and minimize their environmental footprint, use renewable energy sources and implement programs to recycle and reduce paper products.
When applying for jobs, watch for companies committed to improving the community and world around them. You may find that they are just as committed to improving you, the prospective member of their workforce!
Forward focused
Awards and industry recognitions over time can be another way to judge the stability of a prospective employer. Companies that consistently appear on national and global lists for their innovation, leadership, workplace culture and growth are the ones that may be able to offer you the sustainable, satisfying career you’re looking for.
As one of the fastest-growing tech companies in the country, Paycom offers a dynamic work environment and empowers its employees to reach their full potential. As a company prioritizing professional development, learning and upskilling, and inclusion, Paycom appreciates each team member’s unique contributions and allows them to grow as individuals.
With perks and benefits like an on-site gym, multiple cafés, green space, paid family leave, pet insurance and on-site mental wellness advisers, Paycom creates a thriving, supportive work environment for all team members. Additionally, Paycom is dedicated to giving back to the community and frequently donates to myriad organizations.
The industry-leading HR software provider is in the process of expanding its Oklahoma City headquarters, and in the past year, Paycom opened a new operations center in Grapevine, Texas. It also added five new sales offices in cities across the U.S., continuing the company’s commitment to thoughtful, consistent growth.
If you’re ready to learn more about Paycom’s award-winning workplace culture — and be a part of it yourself — apply now!
