Challenges of Emplyees Retention Practices in the International Rescue Committee (IRC) Ethiopia Program

Tessema, Yamrot (2015) Challenges of Emplyees Retention Practices in the International Rescue Committee (IRC) Ethiopia Program. Masters thesis, Addis Ababa University.

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Abstract

Employee retention is one of the challenging issues faced by corporate leaders in any industry as the performance of any organization depends on its employees. The ability to retain talented and committed employees contributes significantly to the success of the business. As employees are important, so is employee retention an important factor for all companies. In any organization, the skills of employees are the key human capital for efficient operations of the business. Therefore, the need for designing effective retention strategies arises. If the talent of the employees is retained and rewarded, the problem of turnover can be minimized. The costs associated with turnover may include lost customers, business and damaged morale. In addition, there are the hard costs of time spent in screening, verifying credentials, references, interviewing, hiring and training the new employee just to get back to where you started. Also of concern are the costs of employee turnover (including hiring costs& productivity loss). This study only focuses on the voluntary employee turnover in the selected organization and the retention practices and challenges faced. It was conducted on a case company of International Rescue Committee (IRC) Ethiopia Program. The general objective of this study is to assess the employee retention practices and challenges in International Rescue Committee (IRC) Ethiopian Program and suggest possible remedies to tackle the significant problem associated with the retention practices. Data was collected using questionnaire survey and interview techniques. Accordingly, the finding indicates that the IRC had no integrated retention strategies, low coaching and development program and low budget to sustain the strategy. The finding also indicates that there is lack of an open communication with supervisors. Depending on those findings, some recommendations were forwarded as a remedy to tackle the problems indicated.

Item Type: Thesis (Masters)
Subjects: L Education > L Education (General)
Divisions: Africana
Depositing User: Vincent Mpoza
Date Deposited: 29 Nov 2018 09:41
Last Modified: 29 Nov 2018 09:41
URI: http://thesisbank.jhia.ac.ke/id/eprint/7827

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