| dc.description.abstract | Retention of employees is an important function of the Human Resource Department. Employee
retention is the foremost problem which all organizations are now facing in the global competitive
environment as employee retention is a major challenge faced by the companies globally. Unless
there is a deliberate and serious effort from the management towards this direction, the
competitors in the industry are likely to attract and snatch the talent already nurtured in the
company over a period of time. Careful strategies for crafting and implementing employee
retention strategies are a skill and should be given top priority by the management. The purpose of
this study was to empirically examine employee retention strategies and their effect on project
completion at Civicon Limited. The study would benefit other companies which may wish to
retain their talented employees. From the analysis of past studies, it was clear that retention of
employees is very important and more so retention of key staff. Concerted action is thus required
to retain talented people. The study adopted descriptive survey research design with questionnaires
being the data collection procedure. This study involved a target population of 120 employed staff
working in this organisation and a sample size of 90 employees representing 75% of the target
population. The study revealed that it is more profitable for organizations to put in place
appropriate employee retention strategies such as organisational commitment, financial rewards
inform of wages, promoting training and career development on employees and improving the
working environment. The researcher recommended that the reward package should be
restructured to motivate the employees more. This could be done by comparing and implementing
using those of best practices in the industries. Also the management of the organisation should
address employees concerns on time and improve the working conditions. This can be done by
putting the employee’s suggestions in action and act on them immediately they are expressed | en_US |
