A Descriptive Analysis of Compensation Offerings and its Impact on Turnover Intentions of Educational Managers of Punjab

  • Majid Ali Assistant Professor, Hailey College of Commerce, University of the Punjab, Lahore, Pakistan
  • Muhammad Ramzan Assistant Professor, Hailey College of Commerce, University of the Punjab, Lahore, Pakistan
  • Rizwan Qaiser Danish Associate Professor, Institute of Business Administration, University of the Punjab, Lahore, Pakistan
Keywords: compensation, education, offerings, intention to leave.

Abstract

This research is aimed at investigating compensation offerings at various levels and its impact on the turnover intentions of employees in educational sector of Punjab. It specifically addressed the issue how different compensation offerings (for example pay, bonus, medical facility, housing etc) effects on intention to quit from the organisation. The research has focused on gauging the impact of the compensation package on the educational managers’ intention to quit, i. e. turnover, and to know to what extent degree of impact of each constituent of the compensation package has on their intention to leave the organization.  This study has provided implications for policy makers in different organisations related to education particularly in Pakistani context.

Downloads

Download data is not yet available.

Article Analytics Summary

References

Dibble, Suzanne, (1999), Keeping Your Valuable Employees, New York, Wiley.

Ermel, Lauren & Bohl, Don, (1997), Responding to a Tight Labor Market: Using Incentives to Attract and Retain Workers, Compensation and Benefits review, America Management Association International, 29 (6). DOI: https://doi.org/10.1177/088636879702900605

Lawler, Edward E., (1981), Determining Total Compensation: Strategic Issues, Pay and Organization Development, Reading, MA. Addison-Wesley.

Lawler, Edward E., (1987), The Design of Effective Reward Systems, Englewood Cliffs, NJ, Prentice Hall.

Lazear, Edward, (1999) Personnel Economics: Past Lessons and Future Directions, Journal of Labor Economics, 17 (2). DOI: https://doi.org/10.3386/w6957

Mcfillen, James, Riegel, Carl & Enz, Cathy, (1986, Nov.), Why restaurant managers Qui (and how to keep them), The Cornell Hotel and Restaurant Administration Quarterly. DOI: https://doi.org/10.1177/001088048602700311

Mobley, William H., (1982), Employee Turnover: Causes, Consequences, and Control Reading, MA., Addison–Wesley.

Muller, Christopher, C., (1999), The Business of Restaurants: 2001 and Beyond, Hospitality Management, 18 (4). DOI: https://doi.org/10.1016/S0278-4319(99)00045-6

Roseman, Edward, (1981), Managing Employee Turnover: A Positive Approach, New York, AMACOM.

Steers, Richard, M., & Porter, Lyman, (1991) Motivation and Work Behavior, New York, McGraw Hill.

Wasmuth, William J. & Davis, Stanley W., (1983, May), Managing Employee Turnover: Why Employees Leave, The Cornell Hotel and Restaurant Administration Quarterly. DOI: https://doi.org/10.1177/001088048302400103

Woods, Robert H., (1999), Predicting is Difficult, Especially About the Future: Human Resources in the New Millenium, Hospitality Management, 18 (4). DOI: https://doi.org/10.1016/S0278-4319(99)00048-1

Published
2020-12-31
How to Cite
Majid Ali, Muhammad Ramzan, & Rizwan Qaiser Danish. (2020). A Descriptive Analysis of Compensation Offerings and its Impact on Turnover Intentions of Educational Managers of Punjab. Journal of Business and Social Review in Emerging Economies, 6(4), 1631-1651. https://doi.org/10.26710/jbsee.v6i4.1535