The study on the challenges and opportunities of job-hopping of executives for Information Technology enterprises in Sri Lanka

Abstract

The purpose of this study was to find out whether job hopping is a challenge or an opportunity for Information Technology enterprises in Sri Lanka. Here, the researcher has been done an exploratory study using 12 interviews with human resource executives and senior managers to get an in-depth idea about whether job-hopping is a challenge or an opportunity for Information Technology enterprises. The further researcher used thematic analysis and qualitative analysis for this study because this study explores the perception of HR-related persons in Information Technology enterprises in Sri Lanka. According to the research objectives, the findings were five reasons for job-hopping become a challenge and five reasons for job-hopping become an opportunity. The challenges are, changing jobs to cope with the working environment, rare talented employees hop the jobs, cost of replacement for new employees, have to spend time to adapt new employees for the new environment and job hoppers request more benefits and packages. The opportunities are sufficient knowledge pool in the job market, infuse fresh blood to the organization, and managing the employment cost and there are mainly two conditions to job-hopping to be an opportunity. They are, if the organization has a succession plan for key positions, job-hopping is not a challenge and if employees retain in a particular organization for at least two years, it will not challenge the organization. Moreover, most of the interviews showed that job-hopping is an opportunity for Information Technology enterprises in Sri Lanka. These findings are significant to human resource managers of the Information Technology field to make their future strategies, and this will help entrepreneurs, job hoppers, and new researchers to get an understanding about the job-hopping in the Information Technology enterprises in Sri Lanka