FACTORS THAT PREDICT EMPLOYEE RETENTION IN PROFIT AND NOT-FOR-PROFIT ORGANIZATIONS

Abstract

Retention of talent is critical to maintaining a competitive advantage (Hatum, 2010). Therefore, understanding the factors that impact retention is necessary for all organizations (Brown & Yashioka, 2003; Sinha & Authour, 2012). In this study, a cross sectional survey design was used to understand how mission attachment, organizational commitment, and employee engagement predicts employee retention. The participants for this study come from employees of not- for -profit and for-profit organizations in Silang Area, Cavite, Philippines. Multiple regression analysis was used to establish the best predictive model from the above-mentioned variables and it was found that mission attachment, organizational commitment, and employee engagement predicts employee retention for both organization types. Recommendations based on the results will be discussed

Keywords: Employee Retention, Not-For-Profit Organizations, profit

Article Review Status: Published

Pages: 1-8 (Download PDF)

Creative Commons Licence
This work by European American Journals is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License