Authors :
Abdullahi Muhammad Barau; Maryam Tijjani Abba; Jaafar Aliyu Liman; Abdullahi Muhammad Misau
Volume/Issue :
Volume 9 - 2024, Issue 1 - January
Google Scholar :
http://tinyurl.com/yc67k3cs
Scribd :
http://tinyurl.com/mppm3z6m
DOI :
https://doi.org/10.5281/zenodo.10634687
Abstract :
Employees are an institute's most valuable
asset; hence it is critical for all organizations to maintain
them in their positions. Employee retention is regarded
as a vital means of achieving a competitive advantage in
the marketplace. The purpose of the study is therefore
geared to carefully predict the effect of career
advancement opportunities and work-life balance. In a
style of quantitative research, the paper investigates the
effect of Career advancement and work-life balance on
the retention of employees in banks within the
metropolis of Bauchi. A cross-sectional research design
was adopted for this investigation. This is viewed as the
most appropriate for this study as the researcher could
not carry out a longitudinal study because of time
constraints. This study's research design is a descriptive-
casual survey method. 220 questionnaires were
distributed to the senior and mid-level bank staff to
gather information from banks when compiling the
survey population because they are in a better position to
provide the researcher with the needed information. 194
questionnaires were retrieved and only 182 were
analyzed using Smart PLS 3.0. The study found a
positive and significant relationship between career
advancement opportunities and employee retention,
work-life balance, and employee retention with a
composite reliability that ranges from 0.826 to 0.907 and
the AVE of the variables ranges from 0.679 to 0.766 and
a discriminant validity of 0.83, 0.84 and 0.59
respectively. In conclusion, HRM techniques have a
crucial role in attracting, motivating, rewarding, and
retaining people. Therefore, it is recommended that
organizations should endeavor to strictly adhere to these
practices (Career advancement opportunity and work-
life balance) to advance employee retention. Further
research suggests that other sectors should be tested
using the same construct and longitudinal research
should be carried out in the same sector to compare the
differences.
Keywords :
Career Advancement Opportunity, Employee Retention, Work-Life Balance.
Employees are an institute's most valuable
asset; hence it is critical for all organizations to maintain
them in their positions. Employee retention is regarded
as a vital means of achieving a competitive advantage in
the marketplace. The purpose of the study is therefore
geared to carefully predict the effect of career
advancement opportunities and work-life balance. In a
style of quantitative research, the paper investigates the
effect of Career advancement and work-life balance on
the retention of employees in banks within the
metropolis of Bauchi. A cross-sectional research design
was adopted for this investigation. This is viewed as the
most appropriate for this study as the researcher could
not carry out a longitudinal study because of time
constraints. This study's research design is a descriptive-
casual survey method. 220 questionnaires were
distributed to the senior and mid-level bank staff to
gather information from banks when compiling the
survey population because they are in a better position to
provide the researcher with the needed information. 194
questionnaires were retrieved and only 182 were
analyzed using Smart PLS 3.0. The study found a
positive and significant relationship between career
advancement opportunities and employee retention,
work-life balance, and employee retention with a
composite reliability that ranges from 0.826 to 0.907 and
the AVE of the variables ranges from 0.679 to 0.766 and
a discriminant validity of 0.83, 0.84 and 0.59
respectively. In conclusion, HRM techniques have a
crucial role in attracting, motivating, rewarding, and
retaining people. Therefore, it is recommended that
organizations should endeavor to strictly adhere to these
practices (Career advancement opportunity and work-
life balance) to advance employee retention. Further
research suggests that other sectors should be tested
using the same construct and longitudinal research
should be carried out in the same sector to compare the
differences.
Keywords :
Career Advancement Opportunity, Employee Retention, Work-Life Balance.
