Engaging Indian IT employees – A compensation & benefits Case study of a Finnish multinational IT company
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School of Economics |
Master's thesis
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Author
Date
2011
Major/Subject
Organization and Management
Organisaatiot ja johtaminen
Organisaatiot ja johtaminen
Mcode
Degree programme
Language
en
Pages
75
Series
Abstract
Research Objectives The main objectives for this empirical study were to enquire about the type of commitment employees in India generate with the case company, how they perceive their compensation system, and to find a possible connection between total rewarding and employee engagement. Methodology The type of research conducted for the empirical part of this thesis is of quantitative nature. The data generated through questionnaire were statistically analyzed. The questionnaire was sent out to over 1,300 Indian IT employees located in Pune. These employees belonged to professional or managerial career paths in the case company. The data gathered was analyzed against literature from previous research reviewed for this study. Findings The main findings of this study were to that even though Indian IT employees change their employers easily, monetary compensation was not the primary factor in their work lives. They valued intrinsic motivational factors above extrinsic and those factors were often tightly connected with the work itself. The employer should not try to engage professional and managerial employees through salaries, rather their work tasks should be made interesting and challenging. Through interesting jobs employees are more engaged and motivated toward the job they do and committed to the employer who provides that job.Description
Keywords
Engagement, compensation, benefits, motivation, IT, retention
