Assessing the employee talent retention strategy at the industrial development corporation
- Authors: Madondo, Lungile Sharon
- Date: 2021-04
- Subjects: Employee retention -- South Africa , Labor turnover -- South Africa , Personnel management -- South Africa
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10948/51798 , vital:43373
- Description: Successful employee retention is essential to an organisation’s stability, growth and revenue. Without properly implemented employee retention strategies, the organisation may face high employee turnover rates. An increased longevity of an employee’s tenure is better for the organisation’s overall performance. This study sought to evaluate the factors affecting employee retention at the IDC. To enhance the success of the study, the research objective was to assess the relationship between five HR factors and employee retention within the IDC. The study used a descriptive survey research design. The sampling method used for this study was convenience sampling. A questionnaire was used for data collection. The researcher cleansed and coded the data, whilst a statistician entered the collected data into STATISTICA. The data was analysed descriptively and also by means of inferential analysis method that is. The descriptive data was presented in the format of pie charts and tables with percentages, means and standard deviations as measures for distribution mechanisms. While inferential analysis presented the regression in table formats but with a clear indication of significant levels and adjusted R-square for all the independent variables. The sample that participated in this study consisted of 288 respondents from the IDC. Empirical findings revealed that the working environment, work-life balance, compensation and employee engagement positively influenced employee retention. Career development was not significantly related to employee retention. The study concluded and made recommendations to four stakeholders, namely the government to have roadshows and marketing activities to promote the Skills Development Act and skills Levies Act, IDC to review their employee retention strategy, Managers or Supervisors to support their employees by providing market related salary packages and provide session where they engage the employees in the organisations developments, and the HR Practitioners must ensure that the right fit of candidates are recruited to the organisation. , Thesis (MBA) -- Faculty of Business and Economic Sciences , Business Administration, 2021
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- Date Issued: 2021-04
Investigating talent management strategies influencing the retention of employees with technical expertise at Aspen Pharmacare
- Authors: Ben-Mazwi Matolengwe, Yonela
- Date: 2021-04
- Subjects: Employee retention -- South Africa , Talent management -- South Africa , Human capital
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10948/50944 , vital:43174
- Description: This study examines the influence of talent management strategies on employee retention with employee engagement as a mediating variable. This study was conducted at Aspen Pharmacare Port Elizabeth site, South Africa. The population in this study is approximately 1500 employees from Aspen Pharmacare Port Elizabeth. The sampling method uses census techniques so that the number of samples used is 49 employees. The research data was collected using an online questionnaire which is then analysed using a path analysis technique using SPSS software to examine the relationships among the variables, which are: employee value proposition, work motivation and employee performance. The results show that there is a positive relationship between all talent management strategies and retention. Leadership has a largely significant correlation with retention, however, it is indicated that engagement is a mediating variable. Employees with technical expertise value the impact that leadership has in their roles at the organisation. , Thesis (MBA) -- Faculty of Business and Economic Sciences, Business Administration, 2021
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- Date Issued: 2021-04