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Organizational Culture, Employee Retention and Employee Loyalty: Empirical Evidence from Nigeria

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  • Abayomi Olarewaju Adeoye
  • Onyia Hope

Abstract

The study delves to explore association that exists between a firm's ethos, worker retention, and employee allegiance using Globacom Ltd workers as the population of the study. The study adopted a descriptive research design and survey method. The stratified selection method was used in determining the study sample size. The main instrument for data collection is the questionnaire. Descriptive statistics was adopted in the presentation and analysis of data. Two hypotheses were tested using correlation coefficient and alternative hypotheses were acknowledged. Findings indicate an association between organizational culture and staff retention, and also a substantial connection between organizational values and employees' allegiance. The research recommends that a firm’s ethos must be adhered to by all and sundry within the establishment to ginger consistency within the firm leading to obligation and then set competence.

Suggested Citation

  • Abayomi Olarewaju Adeoye & Onyia Hope, 2020. "Organizational Culture, Employee Retention and Employee Loyalty: Empirical Evidence from Nigeria," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 6(3), pages 139-145, September.
    • Handle: RePEc:khe:scajes:v:6:y:2020:i:3:p:139-145
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    References listed on IDEAS

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    1. Magdalena Kot-Radojewska & Iryna V. Timenko, 2018. "Employee loyalty to the organization in the context of the form of employment," Oeconomia Copernicana, Institute of Economic Research, vol. 9(3), pages 511-527, September.
    2. Nidal Fawwaz Al Qudah & Yang Yang & Muhammad Adeel Anjum, 2018. "Transformational Training Programs and Quality Orientation of Employees: Does Employees’ Loyalty Matter?," Sustainability, MDPI, vol. 10(2), pages 1-13, February.
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    Cited by:

    1. Panagiota Xanthopoulou & Alexandros Sahinidis & Zorzeta Bakaki, 2022. "The Impact of Strong Cultures on Organisational Performance in Public Organisations: The Case of the Greek Public Administration," Social Sciences, MDPI, vol. 11(10), pages 1-15, October.

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    More about this item

    Keywords

    Employees loyalty; employee retention; Globacom; Lagos; organizational culture;
    All these keywords.

    JEL classification:

    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation
    • M19 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Other

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