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Targeted employee retention : reasons for considering leaving a South African financial services institution

Dissertation (MCom)--University of Pretoria, 2014.

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Other Authors: O’Neil, Sumari
Format: Thesis
Language:English
Published: University of Pretoria 2021
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access_status_str Open Access
author2 O’Neil, Sumari
author_browse O’Neil, Sumari
author_facet O’Neil, Sumari
collection Thesis
dc_rights_str_mv © 2019 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Dissertation (MCom)--University of Pretoria, 2014.
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institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:36:49.885Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2021
publishDateRange 2021
publishDateSort 2021
publisher University of Pretoria
publisherStr University of Pretoria
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source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/79705 Targeted employee retention : reasons for considering leaving a South African financial services institution O’Neil, Sumari sumari.oneil@up.ac.za Louw, C. UCTD Dissertation (MCom)--University of Pretoria, 2014. In today’s volatile and unpredictable economic environment, the retention of human capital, one of any organisation’s most valuable resources, has become critically important. The focus of employee retention has gradually moved away from blanket retention strategies to targeted retention strategies designed to address turnover in specified employee groups or categories that are of exceptional value to the organisation. This study examined the retention dynamics of employees in a large financial services institution in South Africa. The study’s aim was to investigate employees’ intention to leave, and their reasons for considering leaving the company, while testing whether these factors differ according to employees’ biographical characteristics, including gender, population group, management status, and the type of work they perform, thereby conducting targeted analysis of employee retention needs. For the purposes of the present study, quantitative survey data from a secondary source were used. The data used were collected during 2011 as part of an employee satisfaction survey in a large organisation within the financial services industry. A quantitative research approach was followed to attain the research objectives of this study. The results shed light on the most prominent antecedents of employee turnover in the organisation under study, while also identifying the antecedents that contribute only to a small degree to labour turnover. Differences between biographical groups were significant, confirming that turnover intention and reasons for considering leaving the company differ according to employees’ gender, population group, management status, and the type of work they perform. Effective targeted retention strategies are expected to reduce employee turnover, and help organisations to retain a knowledgeable and productive workforce. The results of the study can aid especially human resource practitioners in developing tailor-made retention strategies that address the needs of targeted employee groups. Human Resource Management MSc Unrestricted 2021-04-30T12:28:24Z 2021-04-30T12:28:24Z 2014 2014-01-15 Dissertation Louw, C 2014, Targeted employee retention : reasons for considering leaving a South African financial services institution, MSc Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/79705> M14/9/91 http://hdl.handle.net/2263/79705 en © 2019 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
Targeted employee retention : reasons for considering leaving a South African financial services institution
title Targeted employee retention : reasons for considering leaving a South African financial services institution
title_full Targeted employee retention : reasons for considering leaving a South African financial services institution
title_fullStr Targeted employee retention : reasons for considering leaving a South African financial services institution
title_full_unstemmed Targeted employee retention : reasons for considering leaving a South African financial services institution
title_short Targeted employee retention : reasons for considering leaving a South African financial services institution
title_sort targeted employee retention reasons for considering leaving a south african financial services institution
topic UCTD
url http://hdl.handle.net/2263/79705