“Impact of Compensation on Job Satisfaction and Employee Performance during Covid-19 in IT Sector”

Abstract

In this research paper we have attempted to target IT sector employees and measured impact of compensation on job satisfaction during pandemic. The majority organizations look at how to retain skilled workers as information technology has gone from common to established. And employee turnover is very high in this industry so compensation is one of the important tools which may attract and retain the skilled and qualified employee in the organisation, retaining experienced information technology employees has turned into extra complication. Consequently, this study focused on the technology employees in Bangalore city in Karnataka state. The primary objective of this study is to determine the levels of job satisfaction amongst information technology employees in the context of compensation structure. The sample group (N = 45) We have included across the following occupational classes: Individual contributor, junior level management, Middle level management, senior level management. The Job Descriptive Index questionnaire (JDI) measures job satisfaction on five job facets, namely, salary, promotions, working conditions, co-workers and the work life balance itself. Descriptive statistics were used to analyze the data. A biographical questionnaire and the Job Descriptive Index questionnaire (JDI) were administered to gather the data. This paper reviewed presented literature to get what other researchers have done to make sure that IT employees obtain job satisfaction.