In an era of mom-and-pop operations, employers are struggling to keep their talented employees stay engaged in their organization. The only possible and beneficial way to keep talented employees is by providing them a competitive pay. Of course, competitive pay has become a trend nowadays among employers as well as employees. Competitive pay induces the desire of an employee to stay in an organization or moves out of an organization. Understandably, competitive pay is one of the most important factors which favor talented employees. The purpose of this paper is to identify the impact of competitive employee benefits packages on talent retention and the reason employers do use competitive pay on talented employees. The study compromises a sample of employers from the IT/ITeS sector. This study explores the impact of competitive pay in the IT/ITeS sector. Data were analyzed with Multiple Regression and Weighted Mean Average. From the analysis, it was found that employers are using competitive pay to retain talented employees. Employers do provide vacation time in competitive pay. The analysis found that employers are using competitive pay to retain talented employees as well to satisfy them to stay longer in an organization.

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Keywords: Competitive Pay, Multiple Regression, Talent Retention, Weighted Mean Average.