UPSI Digital Repository (UDRep)
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Abstract : Universiti Pendidikan Sultan Idris |
This study aimed to explore the factors which influence employee retention among the academic staff
in Bangladesh private universities. This study adopted a qualitative method along with a
convenience sampling method. Ten academic staffs from three different private universities
of Bangladesh were selected as the sample of this study. Semi- structured interview was
used as an instrument for the data collection. Data were analyzed through the coding method.
Member checking technique was employed to check the validity and reliability of the
data. The findings revealed that employee retention was dominantly influenced by
compensation, followed by work life balance, employee empowerment as well as training and
development facilities. Factors such as transportation facilities and preferable subject also
emerged as influencing factors of employee retention. In conclusion, this study found six crucial
factors which influenced the employee retention among the academic staff in Bangladesh
private universities. Those factors are compensation, work life balance, employee
empowerment, training and development facilities, transportation facilities and preferable
subject. As the turnover rate of academic staffs in Bangladesh private universities is
getting higher, this study will assist the management to retain the talented staff.
Furthermore, this exploration study will assist the management of Bangladesh private universities
to formulate an effective retention strategy by taking into account the emerging factors. This
study suggests that management should design a fruitful compensation package, reduce the work load,
empowered the academic staffs and arrange sufficient training and skills development programs to
retain the existing
academic staff.
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