Academy of Strategic Management Journal (Print ISSN: 1544-1458; Online ISSN: 1939-6104)


Development of an Employee Retention Plan: A Case Study of Lebanon

Author(s): Irina A. Krutskikh, Aliya S. Mambetalina, Gulpara B. Zhukenova, Bakytgul B. Issatayeva, Bibianar Sh. Baizhumanova

Nowadays the employee turnover is very high in the organizations the thing which incurs high costs on the organization in terms of both money and time investments because every skilled employee resigns needs time to be trained and in order to cope with the workplace environment. The study aims to identify the main reasons behind the resignation of the employees in order to reduce the turnover rate in the organization and maximize performance. After identifying the leading causes of the resignation, the next step will be putting strategies in order to retain employees and ensure job satisfaction. Interviews and questionnaires will be distributed along Company X to collect data. Both methods, qualitative and quantitative, will be used to analyze the data collected to validate the hypothesis. The findings will show that there is a positive relationship between employee retention and employees performance in Company X. As employee retention increase, the performance of Company X is likely to increase.

Get the App