The Relationship between Pay Satisfaction and Turnover Intention of Employees in Mobile Application Development Companies in Beijing, China

Abstract

With the development of modern technology and the prevailing of smartphones in China, the increasing demand for smartphone application has brought about the emergence of smartphone application development companies. In Beijing, the competition has become increasingly fiercer among the small meddle-size application development companies. The high turnover rate has caused unstable personnel components in development and testing teams, which will inevitable slower the program process. Therefore, this study aims to investigate the relationship between pay satisfaction and turnover intention of employees in mobile application development companies in Beijing, China.

The data were collected by questionnaire survey. The samples of this study were 301. Employees were asked to finish this research by executive order. Besides, questionnaires were posted on the IT milieu public media of Peking and Wechat Moments to collect data from participants. The findings demonstrate that all 4 factors: Pay level, raise, benefits, pay structures were found to indicate that the significant negative between 4 factors and the turnover intention respectively exists. Therefore, given the results now found in regression, a little rise in the form of “real money” to employees would enable them to have greater chances to work harder to keep their job.