A STUDY ON THE FACTORS AFFECTING JOB-HOPPING BEHAVIOUR OF IT EMPLOYEES

Abstract

The IT industry has done wonders for the Indian economy. It has generated huge employment and boosted the spending power of youngsters. This sunrise industry is facing major HR challenges in finding skilled talents and curbing the job-hopping. Job-hopping is most prevalent in this industry due to rapid growth. 3-4 jobs in less than a year have stopped raising of eye brows or gaping of mouths. Still there are lots of reasons to job-hopping and we have tried to understand the reasons behind this. It has become a fashion to Job-hop. Employees start showing signs of boredom to spend a long period of time in the same company. Such psychological behavior might not prove to be helpful always since they have the idea that career growth is more or opportunities are at large if they change to another company. Employers still look for the level of consistency to a particular process that the potential candidate might handle with and they are definitely not going to be happy with employees walking away quoting various reasons. However, faults on the employers’ side are often talked about too. These would include poor pay policy, lack of recognition or rewards, poor access to work, or improper information on the role of the job expected to be done. All these have dwindled over time and now the fashion of job-hopping has come into the scene. This problem of job-hopping has been studied upon by a number of researchers in diverse fields in different sectors. Concurrent to job-hopping of the employees is the attempt by employers to bring in practices that might help in retention of such employees for the purpose of setting off damages as well as providing an increased comfort to the HRs. This paper is one such attempt at studying job-hopping and understanding the ways to retain such job-hoppers