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FACTORS AFFECTING EMPLOYEE RETENTION IN PAKISTAN

Volume: 86  ,  Issue: 1 , October    Published Date: 05 October 2021
Publisher Name: IJRP
Views: 622  ,  Download: 598 , Pages: 1 - 13    
DOI: 10.47119/IJRP1008611020212322

Authors

# Author Name
1 Areebah Nadeem
2 Anam Malik

Abstract

Employee retention is one of the biggest challenges faced by various organizations in Pakistan. This is occasioned by globalization that has intensified competition and increased mobility of highly skilled employees. Retention of staff is a pertinent issue in public and private organizations in Pakistan, which are operating in a highly competitive environment and hence depend on their staff for success and sustainability. Indeed retention of employees will help the organizations to accomplish their vision and mission. This research aims to examine the impact of various factors such as rewards, career development opportunities, supervisor support, training and development opportunity, job characteristics and work life conflict on employee retention. In order to conduct this study, a sample of 219 employees was obtained from leading organizations based in Rawalpindi and Islamabad. A total 280 questionnaires were distributed from which 219 were accepted with the response rate of 78%. Six hypotheses were proposed in the study. Results reveal that factors such as rewards, supervisor support, training and development opportunities, job characteristics and work life conflict, are significantly related with employee retention. The findings of this study can be useful for the organizations in developing the retention strategies and policies, so that they could retain their valuable employees. Moreover, it?s useful for the employees as it helps in identifying such factors and reasons, which forces them to quit or leave the organization. As Pakistan is a developing country and has lots of political and economical issues. Therefore retaining valuable human resource is important for the future of our country.

Keywords

  • Career Development Opportunity
  • Rewards
  • Retention Factors
  • Supervisor Support
  • Training & Development Opportunity
  • Job Characteristics
  • Work-Life Conflict