Employee Turnover: A Factorial Study of IT Industry
Published: 2013
Author(s) Name: Vinit Singh Chauhan, Druvesh Patel |
Author(s) Affiliation: 1- Faculty, IMT Nagpur, Nagpur, India; 2- Senior Manager, Projects, Heath Services, CSC, U.S.
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Abstract
Change is inevitable and it affects all. Changes in organisations are visible across areas and levels. Change at times can yield
dividends and many times proves detrimental to organisations. One area change can take place is the nature of workforce and is visible in form
of employee turnover. This aspect of workforce can be a cause for concern if it goes beyond the limit. Employee turnover has most severely
affected, Information Technology, as it is growing rapidly and is dominated by knowledge workers. These knowledge workers are demanding,
and their expectations from life are distinct from workers engaged in other sectors. They are restless and are constantly on the move, looking
for newer avenues. Retaining them is difficult for employers. In order to retain them, it becomes imperative to identify aspects (feature) of
organisation this set of employees look before exiting. The present study is exploratory in nature and aims at identifying features of organisation
which the employees in IT sector consider, while exiting their positions. The study reveals that appraisal, training, openness, and flexibility are
important features which employees consider while leaving the organisation.
Keywords: Talent Retention, IT Industry
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