factors affecting employee retention research

J. Hum. J. Manag. We want people to feel like everything they do matters not just to the organization, but to each other. Research Proposal: Employee Turnover and Retention - Desklib J. Ind. Examining effect of green transformational leadership and environmental regulation through emission reduction policy on energy-intensive industrys employee turnover intention in China. One HR executive I spoke with shed light on the importance of both: In our organization, weve emphasized both purpose and belonging because they must go hand in hand. Life Stud. Decision Econ. 51, 15871603. 81, 219227. doi: 10.1080/00224545.1939.9713366, Li, L., Zhu, B., Che, X., Sun, H., and Tan, M. (2021). An example of this item is In general, I like working here. This scale was utilised by Zhang L. et al. Dysvik, A., and Kuvaas, B. The authors declare that the research was conducted in the absence of any commercial or financial relationships that could be construed as a potential conflict of interest. The role of leadership style on turnover intention. 29, 167185. In this case, effective leadership, that is, transformational leadership, emerges as a promising idea and is applicable across diverse fields. (2018). doi: 10.1080/09585192.2016.1262888. Account. doi: 10.1108/01437720810904194. Experimentation and decentralization in Chinas labor relations. Online survey forms were structured to collect data, comprising six sections that measure various factors. Sci. Educ. Predicting and Changing Behavior: The Reasoned Action Approach. The structural model analysis revealed that training and development significantly influence employee retention (=0.824, < 0.05) (Table 3). Hadj, T. B. Glob. Forced into self-reflection during extended WFH, workers have questioned the value of their work and the sense of meaning it provides. Global talent management: theoretical perspectives, systems, and challenges, in Handbook of Research in International Human Resource Management, Second Edition, eds G. K. Stahl, I. Bjrkman, and S. Morris (Cheltenham: Edward Elgar Publishing). Psychol. Design Technol. Organ. doi: 10.1606/1044-3894.2015.96.21. 12, 138157. The last 18 months have sharply awakened our innate hunger for meaning and purpose. 3, 157168. The underlying reasons are due to the leaders direct role in developing organisational climate rather than their immediate effect on job satisfaction. If theres anything the last 18 months have taught us, its how impactful even the smallest acts of kindness can be, one HR executive told me. doi: 10.1177/0018726714552087, Frye, W. D., Kang, S., Huh, C., and Lee, M. J. M. J. Create simple approaches that teach managers how to shape meaningful conversations, asking how their people are progressing with their professional or personal aspirations. Factor loadings, reliability, AVE, and mean values. The moderating role of transformational leadership on the work environment-employee retention relationship was not supported. In this context, further studies are recommended to better comprehend the training and employee retention relationship (Bibi et al., 2018). Manag. Earn badges to share on LinkedIn and your resume. But in the workplace, its not always natural or comfortable for managers to express care they may feel awkward or unclear on boundaries. A Correlational Study of Work Environment Factors and Organizational Commitment in Southern California Staff Nurses. Hence, according to the SLT, a single leadership style is insufficient for every situation (Hersey and Blanchard, 1969). J. Hence, practitioners and academicians continuously report the severity of employee turnover in China (Karatepe and Olugbade, 2017; Afsar et al., 2018). Thunderbird Int. We employed FornellLarcker Criterion to examine the discriminant validity of the variables. However, previous findings focused on offering training programmes related to company-specific skills rather than general skills. 32:100418. doi: 10.1016/j.hitech.2021.100418, Matsuo, M. (2021). Generally, employees are easy to retain, provided they see a good match with their employer (Umamaheswari and Krishnan, 2016). Manag. (2020). Human asset management, a challenge for service sector: an analysis from employee retention perspective. Job satisfaction concerns employees evaluations of their jobs based on perceptions by comparing their actual job outcomes with desired ones (Schleicher et al., 2011). Zhang M. M. et al. Factors affecting employee turnover and sound retention strategies in J. Appl. The impact of transformational leadership on employee retention: mediation and moderation through organizational citizenship behavior and communication. Rather than worrying that such personal interests might distract from work efforts, smart managers realize that by taking an interest in the whole employee, you ensure that they bring that same creativity and energy to their day jobs. Notably, career development opportunities, benefits and rewards, and psychological factors are deemed vital for employee retention (Bibi et al., 2018; Lyman et al., 2020). Environmental factors like salary and benefits, work rules, and coffee breaks can help improve employee retention. Manag. Effects of corporate social responsibility towards stakeholders and environmental management on responsible innovation and competitiveness. In this study, the Cronbachs alpha values are in the range of 0.8750.918. 14, 82718298. Econ. Mohanty, S., and Mohanty, K. (2016). Perceived organizational support: a review of the literature. A. Microsofts recent research suggests that 41% of workers across the world are thinking about quitting their jobs. H6: Transformational leadership significantly moderates the job satisfactionemployee intentions relationship. employee retention is one of the most critical issues facing organizational managers as result of The employee retention triad in health care: exploring relationships amongst organisational justice, affective commitment and turnover intention. And with more companies offering remote work opportunities that dont require people to relocate from homes and communities they cherish, poaching talent will be easier. Resour. doi: 10.1108/01437730510633728, Lewin, K., Lippitt, R., and White, R. K. (1939). Sixty-four percent of employers expect the current level of attrition to stay the same or increase in the next six months. doi: 10.1017/jmo.2016.12. The research reviews relevant literature to identify elements of HR practices that influence employee retention. Iqbal, Q., and Hasnah, S. H. (2016). J. Pers. Such strategies may include special counselling sessions for stress-induced employees and enforcing flexible work schedules. J. Soc. (2011). Front. Maaitah, A. M. (2018). (2019). Manag. Employees are frustrated due to the ongoing condition of the company due to which they don't feel like working. Technol. Harmans single factor test revealed that a single factor only counts for 39.41% < 0.50% of the total variance (Podsakoff et al., 2012), confirming no issues with method bias. Factors affecting child welfare and protection workers' intention to Employee turnover can have a negative impact on an organisation's performance. 36, 421458. One of our employees, whose mom had recently lost a long battle with cancer, volunteered at a local hospice center, and advocated to our corporate philanthropy group to donate funds to upgrade the facility. This method confirms the discriminant validity of a variable provided that the square root of its AVE is greater than its inter-constructs correlation values (Henseler et al., 2009). Hatcher, L., and ORourke, N. (2013). Social exchange in organizations: perceived organizational support, leadermember exchange, and employee reciprocity. doi: 10.1108/VINE-06-2014-0042. While nearly 60% of employees in the McKinsey survey said they were unlikely to look for new jobs, it doesnt mean they wont start. Stay interviews and exit interviews. Int. Role of support in workfamily interface among university faculty in India. Tour. Account. A multilevel investigation of the motivational mechanisms underlying knowledge sharing and performance. The concept is defined as a positive state where employees share their feelings about their job (Locke, 1976), ranging from moderate- to low-level satisfaction (Locke, 1976; Quigley et al., 2007). Extended Internal Orientation and Its Effect on Employees Behaviour: Migrant Workers in Chinese Manufacturing Industry. (2021c). doi: 10.1016/j.ausmj.2019.05.003, Schleicher, D. J., Hansen, S. D., and Fox, K. E. (2011). This phenomenon occurs because individuals and organisations are involved in exchange relationships (Raihan, 2012). My own research bears this out. Manag. 10, 4254. (2016). J. Occupational stress and its outcomes: the role of work-social support in the hospitality industry. 18, 7188. Conf. Extent literature concluded the significant role of various elements in relation to employee retention, such as intrinsic and extrinsic motivation factors (De Sousa Sabbagha et al., 2018), job promotion (Woodall et al., 2017), and bonus (Chinyio et al., 2018). Res. Given these points, this study enriches the empirical evidence, specifically regarding the direct connection of training and development, work environment, and job satisfaction with employee retention. The pandemic has created a greater appreciation for our shared humanity, offering endless opportunities to care for those who are struggling. (2016). The partial least squares approach to structural equation modeling. These leaders are highly concerned about real-time problems and establish new benchmarks, develop understanding, shape employees behaviours, and accomplish organisational objectives (Middleton et al., 2015; Tian et al., 2020; Iqbal et al., 2021a). J. Clin. In this case, the interaction term of transformational leadership with various dimensions does not significantly influence employee retention in SMEs in China. 14, 816. (2011). doi: 10.1080/15332845.2019.1626795. The effects of pay satisfaction and affective commitment on turnover intention. Haggins, R. (2011). Manag. (2005). It's Time to Reimagine Employee Retention - Harvard Business Review Dev. Austral. Employee retention is defined as the effort by an organisation to keep desirable employees to fulfil business objectives (Frank et al., 2004; Govaerts et al., 2011). Similarly, the composite reliability values of these variables are greater than 0.70 (see Table 1). The effects of strategic compensation on teacher retention. Notably, a study found a significant relationship between work environment and employee retention (Al-Hamdan et al., 2017). Proc. PDF FACTORS AFFECTING EMPLOYEES RETENTION - Abasyn University If youre fortunate enough to be in that group, dont assume things cant shift.
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