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A Review Of Employees’ Job Satisfaction And Its Affect On Their Retention

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  • IRABOR, Ikechukwu Emmanuel

    (Agho Clinic, Benin City, Edo State)

  • OKOLIE, Ugo Chuks

    (Chartered Institute of Personnel Management of Nigeria Edo State Study Centre)

Abstract

Learning about factors that influence staff retention and ways of improving it can help organizations avoid the inconvenience of high attrition. The employee’s job satisfaction and retention are the main factors for the success and survival of any firm. No one can measure the level of satisfaction an individual gets while he performs his work. But there are factors which directly or indirectly affect the satisfaction level of employees at workplace. Companies that build work environments that attract, motivate, and retain talented employees will be better positioned to succeed in today’s competitive business world that demands quality and cost-efficiency. The main challenges that organizations are facing today is not only managing its human resources but also satisfying and retaining them. Securing and retaining skilled workforce play an important role for any organization, because the knowledge and skills of employees have become highly essential in gaining competitive advantage in today’s business environment. Thus, the objective of this paper was to: examine the factors which affect the job satisfaction of employees. Determine the affect of job satisfaction on employees’ retention and suggest recommendations on possible ways to improve employees’ retention.

Suggested Citation

  • IRABOR, Ikechukwu Emmanuel & OKOLIE, Ugo Chuks, 2019. "A Review Of Employees’ Job Satisfaction And Its Affect On Their Retention," Annals of Spiru Haret University, Economic Series, Universitatea Spiru Haret, vol. 19(2), pages 93-114.
  • Handle: RePEc:ris:sphecs:0324
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    References listed on IDEAS

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    1. Trust Kabungaidze & Nomakholwa Mahlatshana & Hlanganipai Ngirande, 2013. "The Impact of Job Satisfaction and Some Demographic Variables on Employee Turnover Intentions," International Journal of Business Administration, International Journal of Business Administration, Sciedu Press, vol. 4(1), pages 53-65, January.
    2. Eugenia Sánchez Vidal, M & Valle, Raquel Sanz & Isabel Barba Aragón, M, 2007. "Antecedents of repatriates' job satisfaction and its influence on turnover intentions: Evidence from Spanish repatriated managers," Journal of Business Research, Elsevier, vol. 60(12), pages 1272-1281, December.
    3. Nilufar Ahsan & David Yong Gun Fie & Yeap Peik Foong & Syed Shah Alam, 2013. "Relationship between retention factors and affective organisational commitment among knowledge workers in Malaysia," Journal of Business Economics and Management, Taylor & Francis Journals, vol. 14(5), pages 903-922, November.
    4. Mulinge, Munyae & Mueller, Charles W., 1998. "Employee job satisfaction in developing countries: The case of Kenya," World Development, Elsevier, vol. 26(12), pages 2181-2199, December.
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    Cited by:

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    More about this item

    Keywords

    job satisfaction; employee retention; impact; turnover; human resource management;
    All these keywords.

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General

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