| Summary: | Retaining existing employees, especially the skilled information technology (IT) employees is
becoming more important due to business growth, imbalance between demand and supply, and high
turnover rate.The paper seeks to investigate the relationship between rewards and flexible work
schedule on intention to stay among professional IT employees.The two factors investigated in this
study are monetary rewards (salary and bonus) and flexible work schedule.Results from 178 participants indicate that both monetary rewards (salary and bonus) and flexible work schedule were
significantly positively related to intention to stay.Though salary, bonus and flexible work schedule indicate significant positive relationship with intention to stay, salary makes the strongest contribution to intention to stay. Implications of the findings, potential limitations of the study, and directions for future research are suggested.
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