Determinants of employee retention in the it sector: an empirical study on the impact of recognition, compensation, and work environment

Krishna Prakash Murugan () and Jawahar Philimis
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Krishna Prakash Murugan: SRM Institute of Science & Technology, Research Scholar, Faculty of Management
Jawahar Philimis: SRM Institute of Science & Technology, Assistant Professor, Faculty of Management

International Review of Economics, 2025, vol. 72, issue 2, No 24, 37 pages

Abstract: Abstract This study investigates the influence of recognition, compensation, and work environment, along with related factors, on employee retention in the Information Technology (IT) sector, particularly in Infosys. It will focus on giving practical suggestions to organizations to retain talented professionals in the face of competition in the industry. A structured questionnaire was used to administer to 200 IT professionals. Factor analysis was used to analyse data to determine latent constructs, reliability Cronbach’s alpha, Pearson correlation to determine relationships, and discriminant analysis to determine predictive power. Each of the recognition, competitive compensation, and supportive work environment showed a substantial positive correlation with the willingness of the employees to remain in the IT sector $$ \left( {p\;

Keywords: Retention of employees; Information technology industry; Working environment; Rewards; Remuneration (search for similar items in EconPapers)
JEL-codes: J28 J63 M12 M54 (search for similar items in EconPapers)
Date: 2025
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DOI: 10.1007/s12232-025-00507-9

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