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Power of Involvement over Rewards for Retention Likelihood in IT Professionals

By Humayun Rashid and Lin Zhao

Abstract

Abstract—Retention in the IT profession is critical for organizations to stay competitive and operate reliably in the dynamic business environment. Most organizations rely on compensation and rewards as primary tools to enhance retention of employees. In this quantitative survey-based study conducted at a large global bank, we analyze the perceptions of 575 information technology (IT) software professionals in India and Malaysia and find that fairness of rewards has very little impact on retention likelihood. It is far more important to actively involve employees in organizational activities. In addition, our findings indicate that involvement is far more important than information flow: the typical organizational communication to keep employees informed. Keywords—fairness of rewards, information flow, information involvement, retentio

Year: 2013
OAI identifier: oai:CiteSeerX.psu:10.1.1.308.838
Provided by: CiteSeerX
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