IIARD International Institute of Academic Research and Development

IIARD International Journal of Economics and Business Management (IJEBM )

E-ISSN 2489-0065
P-ISSN 2695-186X
VOL. 10 NO. 7 2024
DOI: 10.56201/ijebm.v10.no7.2024.pg141.153

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Working Conditions and Employee Retention of Commercial Banks in South-South, Nigeria

Pepple, Rowlanda Collins, Prof. S.A. Jaja, Dr. L. Q. Don-Baridam

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Abstract

The study sought to examine the relationship between working conditions and employee retention. Working Conditions was conceptualized as the predictor variable while the measures of employee retention were (supervisors support, career opportunity and work/life balance) was the criterion variable. The study adopted a cross-sectional survey research design in its investigation of the variables. Primary data was generated through well-structured questionnaire. Data generated and presented were analyzed using both Correlation Coefficient at 99% confidence interval and 0.05 level of significance to determine the strength and weaknesses of the relationship between the variables under study. Empirical findings revealed that there is a positive and significant relationship between working conditions and employee retention. It observed on the findings that working conditions significantly influence employee retention. Therefore, in conclusion the study asserts that working conditions has a strong influence on employee retention of commercial banks in South-South, Nigeria. The study recommends that. Commercial banks should inform staff members of the organization's objectives and how their job fits into those objectives. employees will feel more valued knowing that they are a part of something greater as a result. Commercial banks should promote work- life balance programmes including flextime, telecommuting, and parental leave among their staff members. Commercial banks should give staff members access to the learning tools they require, such as books, articles, and online learning platforms.

keywords:

Working Conditions, Supervisors Support, Career Opportunity and Work/Life

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