The Effect Of Selected Human Resource Management Practices On Employees’ Turnover Intention: The Case Of Africa Insurance Company In Addis Ababa
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Date
2018-11-15
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Addis Ababa University
Abstract
The purpose of this study was to examine the effects of selected human resource management practices on employee turnover intention in Africa Insurance Company S.C. Specifically; it looked at how Compensation and reward, Training &Career Development, Employee relation and Performance appraisal affect turnover intention. The study was carried out in the Head Office and Branches in Addis Ababa. Clerical and Managerial staff were included in the sample. Multistage sampling was used to select a sample size of 151 employees from the Head Office and Branches in Addis Ababa. Both descriptive and inferential statistical techniques were used to analyze the data. A multiple regression analysis was conducted to test how well the selected human resource management practices could predict turnover intention. The findings highlight the fact that the selected human resource management practices; Compensation and reward, Training &Career Development, Employee relation and Performance appraisal have been found significant factors affecting employee’s turnover intention. It was found that employee relations in the work place and compensation and rewards packages were predominant factors. to reduce turnover intention OF employees’, it is recommended that, the company needs to maintain and further improve its existing employee’s relationship and training programs. The company management is also recommended to revise is outdated HRM procedure
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Human resource management practices, Turnover Intention, Compensation