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What keeps professionals in their jobs? A comparative study between managers and employees’ beliefs

Cavalcante de Oliveira, Kamila (2020) What keeps professionals in their jobs? A comparative study between managers and employees’ beliefs. Masters thesis, Dublin, National College of Ireland.

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Abstract

In Ireland, organisations have experienced an increase in the turnover rate of employees which have contributed to their significant expenditure with the replacement of talent. Although many authors investigate the reasons for employees’ turnover, the implementation of strategies that might increase the retention of employees, and consequently avoid turnover, is even more important thus not only needed but critical to the sustainment of the company’s competitive advantage in the market. Therefore, investigating the reasons why employees stay in an organisation becomes a priority so the purpose of this study was to determine the most important reasons for employees’ retention in Ireland and to evaluate if there were any differences in beliefs amongst managers and non managers professionals about which factors were more relevant to them since little research was performed to evaluate possible discrepancies amongst their thoughts. The methodology applied consisted of a quantitative approach using a questionnaire to gather data on participants’ opinions towards retention strategies. The questionnaire was answered by 57 respondents of different age groups and gender working in managerial and nonmanagerial roles in Ireland. From the findings of this study, it can be said that statistically speaking, there were almost no discrepancies between managers’ and non-managers’ beliefs on reasons to stay in an organisation. Both groups selected ‘compensation’ as the most important factor for their retention, and, while for managers the least important contributor to their retention was ‘training and development’, for nonmanagers, the lower score was attributed to ‘autonomy’. Thus, the results of this research can be useful for organisations as a start-point to help them evaluate if their applied strategies need to be revised, and as a motivator for investigating more effective retention approaches that could be implemented inside their organisations to retain talents of different professional levels.

Item Type: Thesis (Masters)
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management > Human Resource Management > Employee Retention
Divisions: School of Business > Master of Science in Management
Depositing User: Dan English
Date Deposited: 04 Feb 2021 11:41
Last Modified: 04 Feb 2021 11:41
URI: http://norma.ncirl.ie/id/eprint/4650

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