Exploring Social Exchange Theory in Indian Context

Abstract

Social exchange theory has been applied in diverse fields like psychology, economy, business etc. Contemporary researchers have started to apply the same in the dynamic field of Human Resource also. Present study tends to explore applicability of the theory in Indian setting by exploring association between High Performance Work Practices (HPWPs) and employee commitment, engagement, motivation and attrition intent. Thirty five HPWPs categorized into nine factors have been used in the study. Finally employee engagement, motivation, engagement and attrition intent has been found to have an association with job performance of the employee. Paper successfully establishes that availability of HPWPs increase employee commitment, motivation etc. and they in turn enhances employee performance. Thus give and take circle of social exchange theory is completed and it establishes applicability of the theory in Indian settings.

Keywords: Social Exchange Theory, Commitment, Motivation, Engagement, Attrition Intent, Job Performance

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