Abstract:
Taking into consideration turnover phenomenon and retention issues, the pur pose of the paper is to reveal the employee perceptions on organisational and job-related
factors impacting decisions to leave and to stay with the current employer. Based on
theoretical discussion related to voluntary turnover and retention of employees, the re search instrument was developed. A total of 143 responses were collected from employees
working in private IT companies of Lithuania. The results revealed that base pay and chal lenging work content were perceived as the most important employment characteristics.
Turnover prediction models disclose turnover intentions of project managers, which can
be explained by participation in strategy development, support of top managers and nega tive perception of the base pay. Meanwhile, turnover intensions of heads of departments/
high level managers can be explained by negative associations with performance incen tives/bonuses, career opportunities and working conditions. The findings of the paper let
us to develop theoretical insights and provide manager recommendations leading to the
retention of information technology professionals.
