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Reward preferences of millennials in the consulting industry and their influence on attraction retention, motivation and engagement
Mini Dissertation (MBA)--University of Pretoria, 2017.
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| Format: | Thesis |
| Language: | English |
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University of Pretoria
2017
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| _version_ | 1867613546453401600 |
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| access_status_str | Open Access |
| author2 | Thaver, Kuben |
| author_browse | Thaver, Kuben |
| author_facet | Thaver, Kuben |
| collection | Thesis |
| dc_rights_str_mv | © 2017 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. |
| description | Mini Dissertation (MBA)--University of Pretoria, 2017. |
| format | Thesis |
| id | oai:repository.up.ac.za:2263/59754 |
| institution | University of Pretoria (South Africa) |
| language | English |
| last_indexed | 2026-06-10T12:37:51.914Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository |
| publishDate | 2017 |
| publishDateRange | 2017 |
| publishDateSort | 2017 |
| publisher | University of Pretoria |
| publisherStr | University of Pretoria |
| record_format | dspace |
| source_str | UPSpace — University of Pretoria Institutional Repository |
| spelling | oai:repository.up.ac.za:2263/59754 Reward preferences of millennials in the consulting industry and their influence on attraction retention, motivation and engagement Thaver, Kuben ichelp@gibs.co.za Rattan, Harshini UCTD Mini Dissertation (MBA)--University of Pretoria, 2017. Context: With organisations' competitive advantage residing fully on the distinctive knowledge experience of their most talented and skilled employees and the need for robust talent pipe lines. Given that millennials have a majority representation in the workforce today, it is important to identify, manage and provide what they are looking for in terms of an employer - employee relationship to better attract, motivate engage and retain them. Research purpose To provide a deeper understanding of how to attract, retain, manage and engage the millennial generation in the management consulting industry within South Africa, based on reward preferences. Research design approach and methodology The research followed a quantitative research method through the self-administration of a questionnaire by 65 millennials within numerous management consulting firms based in South Africa. Data comparisons were conducted on independent variables and dependant variables. Variance of this data was conducted using SPSS. Main findings The results from this study show that millennial-aged South Africans place most importance on the fixed pay, opportunity to earn incentives related to individual performance, work-life integration and flexible working arrangements as well as fair and transparent performance management processes. These reward components are extrapolated and described according to rank when considering an employer, remaining at an existing employer and being motivated and engaged (scenarios). In addition there are other important factors that the study found specific to each of the scenarios. zk2017 Gordon Institute of Business Science (GIBS) MBA Unrestricted 2017-04-07T13:05:28Z 2017-04-07T13:05:28Z 2017-03-30 2017 Mini Dissertation Rattan, H 2017, Reward preferences of millennials in the consulting industry and their influence on attraction retention, motivation and engagement, MBA Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/59754> http://hdl.handle.net/2263/59754 en © 2017 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. application/pdf University of Pretoria |
| spellingShingle | UCTD Reward preferences of millennials in the consulting industry and their influence on attraction retention, motivation and engagement |
| title | Reward preferences of millennials in the consulting industry and their influence on attraction retention, motivation and engagement |
| title_full | Reward preferences of millennials in the consulting industry and their influence on attraction retention, motivation and engagement |
| title_fullStr | Reward preferences of millennials in the consulting industry and their influence on attraction retention, motivation and engagement |
| title_full_unstemmed | Reward preferences of millennials in the consulting industry and their influence on attraction retention, motivation and engagement |
| title_short | Reward preferences of millennials in the consulting industry and their influence on attraction retention, motivation and engagement |
| title_sort | reward preferences of millennials in the consulting industry and their influence on attraction retention motivation and engagement |
| topic | UCTD |
| url | http://hdl.handle.net/2263/59754 |