Career anchors and employee retention-an empirical study of Indian IT industry

Profound changes occurring in the occupational environment have implications for an individual´s career development in the Indian IT industry. Organizations need to understand individuals´ career anchors and be responsive to improve the employees´ intention to stay. The present empirical study attempts to evaluate the impact of nine career anchors on employee´s intention to stay through a survey of 450 employees among top Indian IT companies. It is found that the career anchors service, identity, variety, autonomy, creativity and geographic security have significant influence on the employees´ intention to stay. However, other career anchors, namely, managerial competence, technical competence, and organizational stability have no influence on the employees´ intention to stay.