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Research of motivation of employees in the IT sector in Bulgaria

Author

Listed:
  • Kiril Anguelov

    (Technical University of Sofia, Bulgaria)

  • Tsvetana Stoyanova

    (University of National and World Economy, Bulgaria)

  • Rima Tamošiūnienė

    (Vilnius Gediminas Technical University (VILNIUS TECH), Lithuania)

Abstract

The motivation of professionals is not based solely on good monetary remuneration. Nowadays, every experienced IT professional is interested first and foremost in a healthy work environment in a company and then on the pay level. The employer's assessment takes into account the level of stress, work-life balance, career development prerequisites, as well as the offered social benefits - supplementary health insurance, sports cards, food vouchers, drinks and fruit at work, events with colleagues outside the office, places for creative relaxation at work. Anything that helps the creative workflow because IT professionals, are creators in the field who work and need special conditions to grow their potential and deliver good results. The article explores and analyzes the motivation factors leading to the employees’ commitment of the IT companies in Bulgaria. Basic theoretical points of view are presented and the work of leading researchers in this field is being commented. A methodology has been developed and the summarized results are presented, on the two hypotheses that the authors set, namely: There is a link between Employee Compensation, working conditions, personal development opportunities and the psychological climate, and employee engagement and that Employee Compensation has exhausted the possibilities to be the only factor to guarantee the commitment of the employees in the IT industry. The results show that companies can not ignore any of the identified key motivational factors without losing employees and/or productivity/efficiency.

Suggested Citation

  • Kiril Anguelov & Tsvetana Stoyanova & Rima Tamošiūnienė, 2020. "Research of motivation of employees in the IT sector in Bulgaria," Entrepreneurship and Sustainability Issues, VsI Entrepreneurship and Sustainability Center, vol. 7(3), pages 2556-2567, March.
  • Handle: RePEc:ssi:jouesi:v:7:y:2020:i:3:p:2556-2567
    DOI: 10.9770/jesi.2020.7.3(73)
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    Cited by:

    1. Silvia Lorincová & Miloš Čambál & Andrej Miklošík & Žaneta Balážová & Zdenka Gyurák Babeľová & Miloš Hitka, 2020. "Sustainability in Business Process Management as an Important Strategic Challenge in Human Resource Management," Sustainability, MDPI, vol. 12(15), pages 1-15, July.

    More about this item

    Keywords

    stress; employees; job satisfaction; employee engagement; talent management; personnel; working conditions;
    All these keywords.

    JEL classification:

    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J28 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Safety; Job Satisfaction; Related Public Policy

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