The Motives Underlying Turnover Intentions: Perspectives of IT Professionals

For the past century, worker turnover has been of keen interest for both managers and researchers. When an employee involuntarily leaves an organization, the cost to the organization ranges between 50-150% of the departing person's annual salary. IT firms in India have saw high employee turnover during the past years, but no serious efforts have been made to find out the factors which are responsible for this. The focus of this study was on 4 independent variables namely Recognition, External Career Opportunity, Job Hopping and Demographic factors that were thought to be associated with turnover intentions. The findings reveals that if Organization provide Employee Recognition and External Career Opportunity within their organization that creates very healthy working environment of Organization. As a result employees enjoys their work, become more productive and motivated and gradually develop sense of belongingness for the company which decrease their job hop and absenteeism behavior and finally turnover intention phenomenon drastically.