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Type :thesis
Subject :HF Commerce
Main Author :Shamsel Arifin
Title :Exploring the factors of employee retention among the academic staff in Bangladesh private universities
Place of Production :Tanjong Malim
Publisher :Fakulti Pengurusan dan Ekonomi
Year of Publication :2019
Notes :pedagogi
Corporate Name :Universiti Pendidikan Sultan Idris
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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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