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Effectiveness of Employee’s Retention Strategies in Managing Staff Turnovers: The Case Of CRDB Bank

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dc.creator Mosha, Augenia A.
dc.date 2020-03-02T10:19:44Z
dc.date 2020-03-02T10:19:44Z
dc.date 2014
dc.date.accessioned 2021-05-05T08:21:45Z
dc.date.available 2021-05-05T08:21:45Z
dc.identifier APA
dc.identifier http://hdl.handle.net/11192/2829
dc.identifier.uri http://hdl.handle.net/11192/2829
dc.description Dissertation Submitted in Partial Fulfillment of the Requirements for Award of the Degree of Master of Science in Marketing Management (MSc. MKT) of Mzumbe University
dc.description This study aimed at assessing the effectiveness of employee retention strategies on managing staff turnovers at CRDB Bank. More specifically the study explores four research objectives: to identify nature of retention strategies used by CRDB; to determine the effect of these retention strategies on employee turnover; to point out the challenges facing effective implementation of these retention strategies; and to suggest measure to improve the effectiveness of retention strategies at CRDB. The current study employed a case study research design. Data was collected via Literature reviews and questionnaires with nine managers, customers and employees from CRDB Bank. The findings revealed that turnover of key employees have a number of adverse consequences for the Bank, including, but not limited to, lowered productivity and disrupted business continuity. A lack of financial resources to retain staff and limited long term career prospects, amongst other factors, were identified as common reasons for actual and intended turnover amongst key employees. In contrast, flat management structures and egalitarian work environments were some of the factors claimed to enhance employee retention.
dc.language en
dc.publisher Mzumbe University
dc.subject Employee’s Retention, Staff Turnover, staff retention
dc.title Effectiveness of Employee’s Retention Strategies in Managing Staff Turnovers: The Case Of CRDB Bank
dc.type Thesis


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