Abaarso Tech University Burao Course: Research Methodology Class: MBA Semester: Three Subject: Article Review Presentation Group: MBA 2 1 Group Members 1. 2. 3. 4. 5. 6. 7. 8. Abdirahman Said Oogle Abdirahim Suleiman Ali Ismail Mahad Jama Abdalle Said Gaas Khadar Yusuf Ali Mustafe Ahmed Ahmed Ali Aidid Jama Abdilahi Egeh 2 Influence of Human Resource Management practices on Employee Retention in Maldives Retail Industry Mariyam Imna & Zubair Hassan April, 2015. 3 1. Article/ Research Topic This study wants to establish the influence of human resource management practices on employee retention in Maldives Retail Industry. The study targeted The sample of 254 employees from 14 retail outlets in Male’ (capital city of Maldives). This study was conducted in April, 2015. 4 2. Introduction The influence of human resource management (HRM) practices and policies on employee retention is an important study in the fields of human resource management. A large number of studies were carried-out in Asia followed by a handful of studies in Europe and limited studies were done on other developing countries. But since this research is constructed on Maldives there are no official publications carried out on this context as of now, however there are handful of studies conducted on other topics mainly concentrating on the Maldives tourism industry ( (Ministry of Tourism , Arts and Culture Republic, 2011; Shakeela, 2010). The purpose of this research paper is to analyze the factors influencing employee retention due to the human resource management practices implemented by the organizations in Maldives retail industry. Also the findings of this study can support organizations to come up with appropriate strategies to improve retention and employee performance through human resource management practices in Maldives Retail Industry. 5 3. Objective The main research aim of this study is to evaluate the influence of human resource management practices in terms of career development, performance appraisal , training and development , reward and compensation and adopting health and safely in organizations on employee retention in Maldives Retail Industry. 6 4. Methods This research study used quantitative method for data collection. The study adopted descriptive and explanatory research design. Also this study used a cross sectional survey methods using questionnaires containing 30 items with Likert Scale (Disagree -1 and 5 for Agree). The sampling techniques used to select employee for this survey is convenient sampling method. The collected data was analyzed using descriptive means and regression via SPSS.20. Also reliability test (Cronbach’s Alpha) was conducted to test internal consistency. This study has several limitations. First, the target population to collect data is limited. Second, the cost involved to cover the entire target population is a huge amount. Furthermore the researcher to personally visit Maldives and collect data was another challenge as the research is not a funded research. 7 5. Results This study found that three human resource practices such as career development, reward and recognition, and health and safety have a positive and significant impact on employee retention. This research did not find any significant influence of training and development nor performance appraisal on employee retention. However when training and development is linked with career development, there is a positive and significant influence on employee retention. Also when performance appraisal is linked with reward and compensation there is a positive and significant influence on employee retention. 8 6. Discussion This finding is similar to the previous similar research done in other contexts. For example in terms of career development we found a positive and significant relationship with employee retention. This is confirmed by previous studies such as Day (2007), SHRM (2012) and Merchant (2013). Also in terms of training and development the result is confirmed by previous researches such as Kaymaz (2010), Ameeq-ul-Ameeq & Hanif, (2013), and Tangthong (2014). Similarly the positive relationship between performance appraisal and employee retention are also similar to previous studies such as Tay (2011), Yi, Nataraajan & Gong (2011), Bhattacharyya (2011), Fulk, Bell & Bodie, (2011). Previous studies also confirms the relationship between reward and recognition and employee retention (Fogleman & McCorkle, 2013; Saeed, et al., 2013; Edirisooriya, 2014). Lastly, health and safety relations with employee relation is also confirmed by previous studies such as Armstrong (2010). 9 7. Conclusion There is a positive and significant influence of career development on employee retention. This study concluded that career development is one of the key factor that plays an important role in retaining employees in the organization. There is no significant influence of training and development on employee retention. This is evident in past research as well. This research concluded that training and development combined or link with career development opportunities will retain employees in the organization. Similarly there is no significant influence of performance appraisal on employee retention. Therefore this research concludes that performance appraisal conducted by linking with reward and compensation have a significant and positive influence on employee retention. 10 Continue….. Since this study was conducted only in Male’, the capital city of Maldives further studies across the country is recommended. These future studies could also be focused on other industries and additionally explore employee performance based on the human resource management practices. 11 End Thank You 12