Factors Affecting Employee Retention in Zimbabwean Companies

Factors Affecting Employee Retention in Zimbabwean Companies

Gibbet Murambiwa Magaisa, Austin Musundire
Copyright: © 2022 |Pages: 20
DOI: 10.4018/IJAMTR.288507
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Abstract

The decline of the Zimbabwean economy characterised by the high inflation rate has rendered it difficult for Zimbabwean manufacturing to retain talented employees. The quantitative research methodology was adopted in this paper. The sample size of the study comprised 100 respondents who were randomly selected from the manufacturing companies in Zimbabwe. The sample size of the study was made out of 10 managing directors 10 managers 10 supervisors and 70 employees drawn from the 50 manufacturing companies that were randomly selected. It was established that the companies are failing to retain talented employees and a lot of the employees are leaving the organisations. Retrenchments and restructurings have become the order of the day. The study recommended that employees needed to implement employee retention strategies to remain viable.
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2. Literature Review

This section covers the review of related literature. The main literature that is covered in this paper incorporates Southern African Development Community manufacturing perspectives, Zimbabwean Manufacturing Industry, employee retention, employee turnover, talent management, job satisfaction, job satisfaction and employee retention strategies. This literature was selected since it covers the main factors which affected employee retention in organisations (James & Mathew, 2012; Cloutier et al., 2015; Haider et al., 2015; Sutanto & Kurniawan, 2016).

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