Relationship between types of Benefit (leave, loan and retirement plan) and Employees’ Retention

Rusli, Ahmad and Eileen Pei Yei, Toh and Sopian, Sopian (2013) Relationship between types of Benefit (leave, loan and retirement plan) and Employees’ Retention. International Journal of Education and Research, Vol. 1 No. 8 August 2013, 1 (8). ISSN 2201-6740

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The purpose of this research was to determine relationship between the types of benefit (leave, loan and retirement plan) and employees’ retention. A total of 70 respondents are selected from one public university in East Malaysia and become the respondent for this study. Questionnaire method was used for data collection. Parametric test was conducted for checking the goodness of the data. The hypotheses test showed that there was a positive relationship between leave, loan and retirement plan with employees’ retention. In addition, leave was the dominant types of benefit in retaining the employees among the public university employees. The implication of this research indicates that the combination of non-monetary and monetary types of benefit do affect the employees’ retention. In future study, researcher should expand the types of benefit such as allowances, insurances which aimed to retain the employees.

Item Type: Article
Uncontrolled Keywords: Universiti Malaysia Sarawak, UNIMAS, , university, universiti, Borneo, Malaysia, Sarawak, Kuching, Samarahan, ipta, education, research, benefit, employees retention, leave, loan, retirement plan
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Academic Faculties, Institutes and Centres > Faculty of Cognitive Sciences and Human Development
Depositing User: Karen Kornalius
Date Deposited: 02 Jul 2014 08:10
Last Modified: 04 Apr 2016 06:32

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