The impact of compensation and promotional opportunities on employee retention in academic institutions: the moderating role of work environment

• Main Authors: Bibi, Palwasha, Pangil, Faizuniah, Johari, Johanim, Ahmad, Ashfaq
• Format: Article
• Language: English
• Published: International Economic Society 2017
• Subjects: HD28 Management. Industrial Management
• Online Access: http://repo.uum.edu.my/26102/1/IJEP%2011%201%202017%20378%20391.pdf; http://repo.uum.edu.my/26102/; https://www.researchgate.net/publication/321158164_The_impact_of_compensation_and_promotional_opportunities_on_employee_retention_in_academic_institutions_The_moderating_role_of_work_environment

The present study investigated the relationship between compensation, promotional opportunities and employees’ retention.Survey was used to collect data from 220 faculty members working in public sector universities in Pakistan. Partial Least Squares PLS path modeling was employed to analyze data. The results revealed that compensation and promotional opportunities had imperative relationship with employees’ retention. Moreover, the results also revealed that work environment moderates the relationships between compensation and employee retention and promotional opportunities and employee retention. Finally, the implications, limitations and recommendations for further research were discussed.