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Employee Training, Development, and Empowerment as Predictor of Employee Retention in Consumer Goods Companies in Nigeria
Subject area: Management and Commerce · Area of research: Human Resource Management
Abstract
This study investigated the effect of employee training, development and empowerment on employee retention in two consumer goods companies with headquarters in Rivers State, Nigeria. The study was anchored on the human resource theory and the survey research design was employed via the administration of questionnaire on a sample of sixty-nine (69) respondents who are employees of the consumer goods companies (La-Sien Bottling Company Limited and Multipro Consumer Products Limited). Data collected were analyzed my means of descriptive (mean, standard deviation, minimum, maximum values and Karl Pearson correlation) and inferential (variance inflation factor, Breusch-Pagan/Cook-Weisberg and simple regression) statistical techniques. The regression result showed that employee training, development and empowerment were positively and significantly related to employee retention. Given the findings, it was recommended that management should strive towards engaging the workforce in training and development initiatives. In aspect of employee empowerment, there is the need for management of consumer goods companies to constantly empower employees and should be well cared in order to decrease the intention to leave the organization.
Keywords
Employee Training, Development, Empowerment, Retention
How to cite this paper
@article{1705045,
author = {Aruoren, Ejiroghene Emmanuel, Echewa, Okeoghene Bright},
title = {Employee Training, Development, and Empowerment as Predictor of Employee Retention in Consumer Goods Companies in Nigeria},
journal = {Iconic Research And Engineering Journals},
year = {2023},
volume = {7},
number = {3},
pages = {321-331},
issn = {2456-8880},
url = {https://www.irejournals.com/formatedpaper/1705045.pdf},
abstract = {This study investigated the effect of employee training, development and empowerment on employee retention in two consumer goods companies with headquarters in Rivers State, Nigeria. The study was anchored on the human resource theory and the survey research design was employed via the administration of questionnaire on a sample of sixty-nine (69) respondents who are employees of the consumer goods companies (La-Sien Bottling Company Limited and Multipro Consumer Products Limited). Data collected were analyzed my means of descriptive (mean, standard deviation, minimum, maximum values and Karl Pearson correlation) and inferential (variance inflation factor, Breusch-Pagan/Cook-Weisberg and simple regression) statistical techniques. The regression result showed that employee training, development and empowerment were positively and significantly related to employee retention. Given the findings, it was recommended that management should strive towards engaging the workforce in training and development initiatives. In aspect of employee empowerment, there is the need for management of consumer goods companies to constantly empower employees and should be well cared in order to decrease the intention to leave the organization.},
keywords = {Employee Training, Development, Empowerment, Retention},
month = {September},
}