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Banking Industry Retention Efforts and Effectiveness

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Hasnidar Hasan
Hasnidar Hasan

The document discusses retention management efforts in the Malaysian banking industry from the viewpoint of human resource personnel. It aims to understand the retention efforts done by banks, their effectiveness in reducing turnover, and preferred retention strategies. Key findings include that financial benefits and career growth opportunities influence staff retention, while loyalty and pride in the organization are moderate. Banks implement various retention plans but their execution and fair treatment of all staff can be improved. Recommendations include revising employee benefits, investing in training and career development, and gaining management commitment to retention goals.

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The Retention Management Efforts and It’s Effectiveness from the Viewpoint of Malaysian Banking Industry
Slides Contents:- ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],Introduction
[object Object],[object Object],[object Object],[object Object],Introduction
[object Object],[object Object],[object Object],[object Object],[object Object],Introduction
[object Object],[object Object],[object Object],Study Objectives:-
[object Object],Theoretical Framework
[object Object],[object Object],[object Object],[object Object],[object Object],Employees’ Voluntary Turnover
[object Object],[object Object],[object Object],[object Object],Employees’ Voluntary Turnover
[object Object],[object Object],[object Object],[object Object],[object Object],Job Satisfaction
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Job Satisfaction
[object Object],[object Object],[object Object],[object Object],RM Efforts
[object Object],[object Object],[object Object],RM Efforts
[object Object],[object Object],[object Object],RM Efforts
[object Object],[object Object],[object Object],Methodology
[object Object],[object Object],[object Object],[object Object],[object Object],Sampling
Findings Demographic
Job Satisfaction ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Findings
Retention Development ,[object Object],[object Object],Findings
Retention Development ,[object Object],[object Object],Findings
Objective 1 - To find out whether the company incorporates retention plans for employees. ,[object Object],Analysis Q8. Q10. Q7. Q8. Q9. Q10. Do you agree the financial benefits would influence your staff decision to remain in this organization? Do you agree that your staff promotional opportunities in the future are good? Does your organization currently have any retention plans? What do you think are the best things about retention practices in your organization?
Objective 2 – To explore the effectiveness of retention plans. ,[object Object],Analysis Q3. Q12 Q2. Q3. Q12. Average length of employment in your organization. To what extend you agree that your staff feel loyal to the organizations? To what extend you agree with the statement that retention plans help your organization reduce the employees’ turnover?
Objective 3 – To recommend the preferred retention plans that might reduce employees’ turnover. Analysis Q11. What do you think are the best things about working in your organization?
[object Object],[object Object],[object Object],Conclusion
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Recommendations
END OF PRESENTATION

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Banking Industry Retention Efforts and Effectiveness

  • 1. The Retention Management Efforts and It’s Effectiveness from the Viewpoint of Malaysian Banking Industry
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  • 23. Objective 3 – To recommend the preferred retention plans that might reduce employees’ turnover. Analysis Q11. What do you think are the best things about working in your organization?
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  • 25.