Review of Professional Management- A Journal of New Delhi Institute of Management

Abstract

The most serious issue for employers today is hiring and retaining the capable workforce. Job hopping has turned out to be a more common phenomenon in today's corporate world. Job hopping refers to the pattern of changing jobs very frequently for quick financial gain or career advancement. It is most prevalent in India, due to rapid growth. Until recently job hopping was well thought-out as suicidal to the career and such employees were not taken seriously, but now the mindset has changed. Employees and employers both consider it beneficial if it is done to gain new insights in different environments and cultures. Job hoping is also common among teaching faculty of MBA Institutes.

This paper investigates two relationships such as between (1) pay satisfaction and turnover intention and (2) job satisfaction and turnover intention amongst the teaching professionals of MBA colleges in Bareilly. The questionnaire was administered to 100 academic professionals, 74 replied making the response rate to be 74%. Findings suggest that there is negative relationship between turnover intention with job satisfaction and pay satisfaction. It was observed that employees within the age group (20-30) have greater intention to quit the job.

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