This paper aims to explore the composition of “Job Performance” for employees in IT Industry of Pune city.The paper applies data reduction using Exploratory Factor Analysis (EFA) on a sample of 273 respondents and reduces a set of 13compensation management practices determinants into a list of three comprehensible factors.The present study investigate the impact of compensation management practices determinants on the employee job performance.The study found that remuneration, identification and recreational facilities are impacting significantly the employee job performance. Therefore, IT Companies should focus on the above factors to provide enrich employee job performance.