2024, Vol. 7, Issue 1

author(s)
Deepanshi Sharma and Dr. Sulochna Syal

abstract
This study explores the intentions of employees to leave the IT industry, with a focus on the relationship between monetary and non-monetary benefits. It investigates how monetary rewards and non-monetary rewards affect IT professionals' propensity to think about changing jobs through correlation analysis. It's critical to comprehend how rewards affect retention in a dynamic sector where talent competition is prevalent. The results highlight the need for comprehensive strategies that link monetary and non-monetary rewards with employee preferences, and they offer HR practitioners and IT leaders succinct insights. This study provides organizations looking to improve employee retention in the rapidly changing IT sector with practical advice.