IMPACT OF COMPENSATION MANAGEMENT ON PERFORMANCE OF TECHIES IN IT COMPANIES

Authors

  • Dr. D. Harikishan Reddy

Keywords:

Compensation, Pay, Recognition, Recreational Facilities, Awards, Performance and Techies.

Abstract

This research article aims to “To study the impact of compensation management attributes on performance of techies”. The paper applies data reduction using Exploratory Factor Analysis (EFA) on a sample of 274 respondents drawn from IT companies in the Bengaluru and condenses a set of 14 compensation management statements converted into a four attributes. The present study proposes a model of the impact of compensation management attributes on performance of techies. The present study proposes a model of the impact of compensation management attributes on performance of techies. The study found that pay, recognition, recreational facilities and awards are impacting significantly the performance of techies. Therefore, managers of IT companies should focus on the above factors to improve compensation. The study investigated the impact of compensation management attributes on performance of techies. Multiple linear regression analysis highlights that pay, recognition, recreational facilities and awards have significant impact on performance of techies.

Downloads

Download data is not yet available.

References

Adekoya, I. (2013). Compensation management and employees’ performance in public sector, Nigeria.

Bloom, M., Milkovich, G. T., & Mitra, A. (2003). International compensation: learning from how managers respond to variations in local host contexts. The International Journal of Human Resource Management, 14(8), 1350-1367.

Brown, A., Forde, C., Spencer, D., & Charlwood, A. (2008). Changes in HRM and job satisfaction, 1998–2004: Evidence from the Workplace Employment Relations Survey. Human Resource Management Journal, 18(3), 237-256.

Eneh, S. I., & Awara, N. F. (2016). Strategic human resource management practices and organizational growth: A theoretical perspective. Global Journal of Social Sciences, 15(1), 27-37.

McMeekin, T. A., Baranyi, J., Bowman, J., Dalgaard, P., Kirk, M., Ross, T., ... & Zwietering, M. H. (2006). Information systems in food safety management. International journal of food microbiology, 112(3), 181-194.

Mintzberg, H. (1978). Patterns in strategy formation. Management science, 24(9), 934-

Ojo, O. A., & de Haan, G. (1997). Robust motion-compensated video up conversion. IEEE Transactions on Consumer Electronics, 43(4), 1045-1056.

Rekha, Y. C. (2015). Employee Satisfaction Towards Compensation Policies. Available at SSRN 2623552.

Schell, M. S., & Solomon, C. M. (1997). Capitalizing on the global workforce: A strategic guide to expatriate management. Irwin Professional Pub..

Schmidt, B. J., Lowery, A. J., & Armstrong, J. (2008). Experimental demonstrations of electronic dispersion compensation for long-haul transmission using direct-detection optical OFDM. Journal of Lightwave Technology, 26(1), 196-203.

Schmitz, J. (1993). Load-compensating reactions in the proximal leg joints of stick insects during standing and walking. Journal of experimental biology, 183(1), 15-33.

Widmier, S., & Jackson Jr, D. W. (2002). Examining the effects of service failure, customer compensation, and fault on customer satisfaction with salespeople. Journal of Marketing Theory and Practice, 10(1), 63-74.

Wood, S., & Jocius, R. (2013). Combating “I hate this stupid book!”: Black males and critical literacy. The Reading Teacher, 66(8), 661-669.

Downloads

Published

2023-03-30

How to Cite

Reddy, D. D. H. . (2023). IMPACT OF COMPENSATION MANAGEMENT ON PERFORMANCE OF TECHIES IN IT COMPANIES. The Journal of Contemporary Issues in Business and Government, 29(1), 121–132. Retrieved from https://cibgp.com/au/index.php/1323-6903/article/view/2477

Issue

Vol. 29 No. 1 (2023): The journal of contemporary issues in business and government

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

You are free to:

  1. Share — copy and redistribute the material in any medium or format for any purpose, even commercially.
  2. Adapt — remix, transform, and build upon the material for any purpose, even commercially.
  3. The licensor cannot revoke these freedoms as long as you follow the license terms.

Under the following terms:

  1. Attribution — You must give appropriate credit , provide a link to the license, and indicate if changes were made . You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
  2. No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.

Notices:

You do not have to comply with the license for elements of the material in the public domain or where your use is permitted by an applicable exception or limitation .

No warranties are given. The license may not give you all of the permissions necessary for your intended use. For example, other rights such as publicity, privacy, or moral rights may limit how you use the material.