THE LEVEL OF INFLUENCE AND LEVEL OF IMPORTANCE OF EMPLOYEE PERCEPTION ON RETENTION FACTORS IN SELECTED COMPANIES WITHIN THE GREATER MANILA AREA

Regina C. Dy

The Graduate School, University of Santo Tomas, Philippines

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Dr. Rosalia T. Caballero

Professor

The Graduate School, University of Santo Tomas, Philippines

CITATION: Regina C. Dy & Rosalia T. C (2015). The Level of Influence and Level of Importance of Employee Perception on Retention Factors in Selected Companies Within the Greater Manila Area. International Journal of Human Resource and Procurement 4 (5), 68-87.

ABSTRACT

Retaining key employees is a crucial factor for organizational success. Various retention strategies are applied by the human resource practitioner in keeping their best talents. The purpose of this research was to determine the perception of key employees with regard to the level of influence and level of importance of eight retention factors. The research employed a descriptive correlational design with data gathered from selected manufacturing companies located in the Greater Manila Area through survey questionnaires.

Findings showed that the level of importance generated a higher mean average of 3.42 compared to the level of influence with a mean average of 3.27. Results of the study revealed that the highest total mean was on Career Development & Training (3.44) and Performance Management & Evaluation (3.44) from the perception of the employees.

Keywords: Employee Perception, Retention, Motivation

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