Browsing by Author "Minale, Bazezew"

Now showing 1 - 2 of 2
  • No Thumbnail Available
    Item
    The Effect of Non financial Reward on Employee Retention: The case of United Bank S.C
    (Addis Ababa University, 2017-06-25) Minale, Bazezew; Bekalu, Wubshet (PhD)
    In this research the effect of nonfinancial reward on employee retention were empirically examined at United Bank. Both primary and secondary data were used for analysis. Primary data were collected through questionnaire from 318 respondents selected using random sampling technique from the target population size of 1, 551 where as secondary data were obtained using document review. Data obtained was analyzed using Statistical Package for Social Sciences. Descriptive and inferential statistics methods were used while analyzing data. Thus, the result of correlation analysis evidenced recognition, career advancement opportunity and training & development had positive and moderate relationship with employee retention. The beta coefficient value in multiple regressions also revealed nonfinancial rewards studied had a positive influence in bringing variation in employee retention. The finding of descriptive analysis also revealed that the respondents average agreement on recognition, career advancement and training & development rewards were moderate level. This implies the practice of these rewards at United Bank were unsatisfactory to retain its employees. Therefore, the management shall work on recognition, career advancement opportunity and training & development reward practices to enhance the retention of employees.
  • No Thumbnail Available
    Item
    The Effect of Non financial Reward on Employee Retention: The case of United Bank S.C.
    (Addis Ababa University, 2017-06) Minale, Bazezew; Bekalu, Wubshet (PhD)
    In this research the effect of nonfinancial reward on employee retention were empirically examined at United Bank. Both primary and secondary data were used for analysis. Primary data were collected through questionnaire from 318 respondents selected using random sampling technique from the target population size of 1, 551 where as secondary data were obtained using document review. Data obtained was analyzed using Statistical Package for Social Sciences. Descriptive and inferential statistics methods were used while analyzing data. Thus, the result of correlation analysis evidenced recognition, career advancement opportunity and training & development had positive and moderate relationship with employee retention. The beta coefficient value in multiple regressions also revealed nonfinancial rewards studied had a positive influence in bringing variation in employee retention. The finding of descriptive analysis also revealed that the respondents average agreement on recognition, career advancement and training & development rewards were moderate level. This implies the practice of these rewards at United Bank were unsatisfactory to retain its employees. Therefore, the management shall work on recognition, career advancement opportunity and training & development reward practices to enhance the retention of employees. Keywords: Nonfinancial reward, Recognition, Career advancement opportunity, Training and development, Employee retention.