Abstract
Effective talent management is imperative for organisational success. This involves acquiring, deploying, developing, engaging and retaining talent in the organisation there by providing a stable staff for achieving organisational objectives. Herzberg’s two factor theory of motivation and satisfaction was proposed in 1959 and has been widely tested empirically with mixed results. The purpose of this research is to verify the ‘two factor theory’ in the modern day context using exploratory and confirmatory factor analysis. The study is done among pharmaceutical sales and marketing professionals. The findings confirm the existence of two factor structure of motivation and satisfaction. The employees are satisfied in the presence of motivating factors only and hygiene factors do not have any influence on satisfaction levels. The motivating factors however, are not fully intrinsic in nature and consists of certain extrinsic elements also as classified by Herzberg. The factors are also not fully independent with a high amount of shared variance between them.
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