MEASURING AND MANAGEMENT OF EMPLOYEE RETENTION

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MEASURING AND MANAGEMENT OF EMPLOYEE RETENTION

ABSTRACT

In today’s business, retention of valuable employees is one of the most critical issues facing employers, This study therefore focuses on Measuring and Managing of employee retention. The objectives of the study are to identify the role of management regarding employee retention, to determine whether there is a relationship between rewards and job satisfaction and to determine the relationship between job satisfaction and employee retention. The researcher used a descriptive research design. Data for the research work was sourced from both primary and secondary sources. The samples were made up of one hundred (100) subjects drawn from two (2) organizations. Pearson Product moment correlational coefficient analysis and analysis of variance (ANOVA) was used to analyse the data. The study discovered that improvements in employee retention can be made through reward, recognition and compensation as well as building conducive work environment and training and development as regards proper management.

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