Gaining Organizational Competitiveness through Employee Retention: A Cost Cutting Strategy
Journal Title: International Journal of Management Sciences - Year 2015, Vol 6, Issue 9
Abstract
The success and failure of any organization largely depends upon the performance of its employees. The retention of talented employees is the need of time. The organizations that lose their talent and employees, resultantly, lose their competitiveness. So, in order to succeed in this highly competitive world the organizations must adopt certain strategies to retain their key and special talents. The aim of this study is to empirically test and analyze the impact of dimensions of employee retention on organizational competitiveness with the consideration for the moderating role of training and development. A quantitative research was conducted using simple random sampling within the parameter of purposive sampling. Questionnaires were self-administered to 120 Female/Male school teachers. Pearson correlation and hierarchical regression were used for statistical analysis using SPSS 18. According to the results of this study the dimensions of employee retention have a statistically significant relationship with organizational competitiveness. Furthermore, training and development moderates the relationship between employee involvement and organizational competitiveness.
Authors and Affiliations
Hadia Iftikhar, Zeb Jan, Shah Muhammad Najmi
Keywords
Related Articles
- EP ID EP27071
- DOI -
- Views 291
- Downloads 4
Management by Religious Spirit: A Study on Religious Tourists of Annual Congregation at the Shrine of Hazrat Shahjalal (R) of Sylhet, Bangladesh
Every public gathering is a serious event for public or private administration. All necessary logistic support must be arranged to successfully complete the event otherwise there may be chaos, quarrel, sufferings, even...
The Effect of Motivation and Career Development Against Employees’ Performance and Job Satisfaction of the Governor Office South Sulawesi Province, Indonesia
This study aims to analyze and assess (1) the effect of motivation on employee performance; (2) The effect of motivation on employee’s job satisfaction; (3) The effect of career development to employee performance; (4)...
An Empirical Study on the Student Experience of Higher Education Service Quality in Taiwan
This study develops a multidimensional scale to measure the quality of the service offered to students in higher education. It explores theories on service quality and Importance-performance analysis in...
Takaful and Conventional Insurance: A Comparative Study
Maslahah hierarchy shows that maqasid shari'ah must prioritize five things: religion, life, intellect, honour and property. Social responsibility also explained that each individual is responsible for the property to be...
The Relationship between Employee Equity and Employee Retention among Employees in the Private Industrial Sector in Syria
In recent years, hiring qualified employees, developing, and retaining them has been one of the most important issues for human resource management departments in business organizations. But due to the poor economic an...