| dc.description.abstract | In today's competitive environment, it is necessary that all organizations create a work
environment which will enhance growth and development. It has become evident that in order to
foster the necessary growth and development of employees all organization should develop a
career development program in the workplace. An organizations employee is taken as core assets
due to their input toward the existence, growth and development of an organization. In
recognition of the pace of changes in the business and economic environment that is presently
witnessed, managers and scholars have had to adopt new sources of competitive advantage and
profitability. Career development is not about ‘getting ahead’, but rather about getting to be the
best an individual can be and finding a place in an organization where they can express
excellence and contribute to the goals of the organization. The objective of the study was to
establish the effect of career development on employee retention at the Kenya Post Office
Savings Bank (POST BANK). The study used cross sectional descriptive design. The population
of the study comprised of all the employees of Postbank head office. The study used stratified
sampling because of ease of classifying the population into strata’s. The study used primary data
that was collected through self-administered questionnaires. The data was analyzed using the
Statistical Package for Social Sciences (SPSS) software and presented using tables and figures.
The study found out that there are different career development practices that are being practiced
in POST BANK. These practices include career planning, guidance and counselling, coaching
and mentoring and training. These are geared towards retention of employees in the bank. The
practices have resulted in development of staff for future positions, career planning being part of
staff training content, formal sessions for discussing career development of each staff and
discussion by both parties, helping the bank to know the positions in which they need to fill in
order to achieve its objectives, helps in promoting decision-making, providing guidance to staff
on career related rights and obligation, development of a healthy self-concept among individual
employees, improve relationship and teamwork between staff at different levels, align employee
performance with team and organizational objectives, enhance communication between
managers and teams and that it help staff to accept and adapt to changes in a manner consistent
with their personal values. | en_US |
