How to retain skilled engineers in today’s competitive market

With engineering talent in high demand, retaining skilled professionals is essential. Research shows that nearly half of engineers are open to new opportunities due to limited career growth and flexibility. Here are four core strategies for technical managers looking to build a committed, long-term engineering team:
 

1. Offer clear career development paths

Studies show that 94% of employees would stay longer if companies invested in their career growth. Engineers want clear advancement opportunities, regularly discuss goals, offer leadership training or create a structured pathway for career growth. Showing a commitment to their future makes it far more likely they’ll invest in yours.
 

2. Provide flexible working conditions

McKinsey reports that 54% of professionals in technical roles expect flexible work options. Many engineers thrive with hybrid or remote work arrangements, which allow them to balance productivity and personal well-being. Flexible working conditions increase job satisfaction, making employees less likely to seek roles elsewhere.
 

3. Invest in competitive compensation and benefits

With a shortage of over 59,000 engineers in the UK, competitive compensation is essential. Staying up-to-date with salary benchmarks and offering comprehensive benefits can significantly reduce turnover. Consider including wellness perks, professional development allowances and health benefits to create a robust package that retains top talent.
 

4. Cultivate a collaborative and supportive culture

A positive work environment where engineers feel supported and included is invaluable. Building a collaborative, open culture where feedback and recognition are regular strengthens loyalty and engagement. Engineers are more likely to stay in an environment that values them as individuals and team members.
 
At IntaPeople, we understand the challenges of building and retaining engineering talent in South Wales and beyond. Our deep expertise in STEM recruitment helps organisations attract the right talent and retain it through tailored strategies. If you’re seeking guidance to strengthen your team, contact IntaPeople — your trusted partner in securing skilled engineers for the long term.