Exploring factors affecting talent retention in a selected State Owned Enterprise : North West Province
Abstract
Background and Aim:
Literature regarding the causes of staff turnover was integrated in to a
comprehensive model that could predict turnover intentions. The proposed study will
examine the impact of job satisfaction, organisational practices, recognition ,
management support, and remuneration on the turnover intent of staff at Eskom
Distribution North-West Province. Investigating the causes of voluntary employee
turnover will inform a pro-active strategy for Eskom to remedy the problem of staff
retention , in order to improve productivity and lower the costs of recruitment and
training. The results of this study provide insight into the relationships among job
satisfaction, organisational practices, recognition , management support, salary and
benefits, and intention to quit. The model could be used to manage
employer/employee relations in the workplace. The small deviations found between
the model and the empirical data are explained , together with recommendations for
application of the model in the workplace.
Method:
The present study is a quantitative in nature; this model was tested on a sample of
426 Eskom Distribution Division (North-West province) employees. The
measurement of the following categories; Remuneration scale, Management support
scale, Satisfaction with organisational practices scale, and Intention to quit scale are
administered. Exploratory Factor Analysis, Reliability Analyses, Descriptive Analyses
and Regression Analysis were applied