Proceedings of
8th International Conference On Advances in Economics, Management and Social Study EMS 2018
"RELATIONSHIP OF INDIVIDUAL FACTORS AND HRM PRACTICES ON EMPLOYEE RETENTION IN PRIVATE BANKING SECTOR OF BANGLADESH"
Abstract: “as banking industry of Bangladesh is growing fast. The competition forced the organizations to focus on high quality service for which retaining valuable and skilled workforce is important. The organizations are focusing more on designing customized retention strategies as there is varying relationship with individual factors and the HRM practices. Recent research initiatives concentrated on the causes of employee turnover; whereas this research focused on the relationship of individual employee’s aspects like gender, years of experience and the number of banks they have worked for with the HRM practices (Compensations & Benefits, Career advancement opportunity, Job security, Work place environment, Organization growth and reputation, Relation between top management and employee). The nonprobability purposive sampling was used to select 100 respondents. Selfdeveloped questionnaire using Likert Scale was utilized for data collection. Crosstab, frequency table were used to generate res”
Keywords: factors, retention, job experience, bank