IJCBSS Visitors

Today131
Total212341

Visitor IP : 54.227.186.112 Thursday, 13 December 2018 22:29

Guests : 3 guests online
FaceBookTwitterGoogle+

EFFECT OF PENSION SCHEMES ON EMPLOYEE RETENTION IN PUBLIC UNIVERSITIES IN KENYA

Pension schemes are a social security maintenance plan for workers after their disengagement as employees through retirement. Kenyan universities have put in place various forms of employee pension schemes which are intended to attract and retain the most qualified staff. In the previous year’s many Kenyan universities have been facing an increased staff turnover regardless of the pension schemes provided to the staff. Employee pension schemes have therefore been a major problem leading to declining rate of employees’ retention in many Kenyan universities. The general objective of the study was to establish the effect of pension schemes on job retention in public universities in Kenya. The study specifically aimed to; find out the effect of job security on job retention in public universities in Kenya; examine the effect of employees’ wellbeing on job retention in public universities in Kenya; assess the effect of employees’ relations on job retention in public universities in Kenya and determine the effect of employees’ job satisfaction on job retention in public universities in Kenya. The research study assumed a descriptive research design and the target population was a total of 9395 employees in two universities within Nairobi. The study applied simple random sampling technique to select 383 respondents as the sample size for the study. Questionnaires were used as the main data collection instruments and a pilot study was conducted to pretest questionnaires for consistency. Descriptive statistics and multiple regression analysis was used to analyze the collected data and the results were presented on tables, figures and graphs. This contributed towards making the summary of findings, conclusion and recommendations of the study. The study resolved that there is a significant effect of pension schemes on employee retention in public universities in Kenya. The study recommended that University Managements in Kenya need to improve on the management of pension schemes in order to enhance employee retention.


RAHAB ITUMBI MATHULA

 

Attachments:
Download this file (ijcbss_v1_i7_1285-320-converted.pdf)ijcbss_v1_i7_1285-320-converted.pdf[ ]770 kB

IQ Consultancy IQ Consultancy IQ Consultancy IQ Consultancy


IQ Consultancy    DOAJ Indexing    Index Copernicus