International Journal of Advanced Multidisciplinary Research and Studies
Volume 3, Issue 3, 2023
Factors Affecting Employees' satisfaction and Retention in Noveleta, Cavite: A Seuential Explanatory Research Study
Author(s): Asusano Andryne Mae O, Lazaro Bryan Louis G, Abarracoso Mark Ivan, Garido Raizelle Khate, Villasan Marnelle
The research study is entitled Factors Affecting Employee Satisfaction and Employee Retention of Selected Employees in Noveleta, Cavite: A sequential explanatory study that aims to determine and analyze the various factors affecting employee satisfaction and retention in Noveleta Companies. This study was replicated from the previous research study entitled: The Effect of Job Satisfaction on Employee Retention, to further expand the study using the population in the city of Noveleta, Cavite.
Fifty (50) respondents served as a participant for the quantitative phase using the survey, whereas ten (10) employees interviewed for the qualitative phase and the population of the study was taken through stratified random sampling. In analyzing the quantitative data, the researcher used Pearson correlation coefficient to determine the significant relationship between employee satisfaction and retention. To support qualitative data, they used thematic analysis method to analyze the factors that affect employee satisfaction and retention. Five factors (Compensation, Promotion, Supervision, Colleagues, and Job Content) have been identified that affect the satisfaction and retention of selected employees in Noveleta, Cavite.
In addition, using Pearson’s r-correlation, the researchers found a positive significant correlation between the two variables: employee satisfaction and employee retention, extremely high level of employee satisfaction (r (48).827,) p< 0.001). The various factors affecting company employee retention, such as compensation, promotion, supervision, colleagues, and job content are the reasons why an employee has a high or low level of satisfaction.
Keywords: Employee Satisfaction, Employee Retention, IBM SPSS Statistics, Philippines
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