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An Effectiveness of Human Resource Management Practices on Employee Retention in Institute of Higher Learning: - a Regression Analysis

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An Effectiveness of Human Resource Management Practices on Employee Retention in Institute of Higher Learning: - a Regression Analysis
An Effectiveness of Human Resource Management Practices on Employee Retention in Institute of Higher learning: - A Regression Analysis
Eric Ng Chee Hong
Faculty of Business and Finance Universiti Tunku Abdul Rahman Kampar, 41900, Malaysia

eric_ng0530@hotmail.com

Lam Zheng Hao
Faculty of Business and Finance Universiti Tunku Abdul Rahman Kampar, 41900, Malaysia

vinci_lockheart@hotmail.com

Ramesh Kumar
Faculty of Business and Finance Universiti Tunku Abdul Rahman Kampar, 41900, Malaysia

rameshk@utar.edu.my

Charles Ramendran
Faculty of Business and Finance Universiti Tunku Abdul Rahman Kampar, 41900, Malaysia

charlesr@utar.edu.my

Vimala Kadiresan
Faculty of Business and Finance Universiti Tunku Abdul Rahman Kampar, 41900, Malaysia

vimala@utar.edu.my

Abstract An effective human resource management practices namely employee empowerment, training and development, appraisal system compensation are the main factor for the success of a firm on employee retention. In this study, we aim to study how employees regard importance of their empowerment, equity of compensation, job design through training and expectancy toward effective performance management on their retention. Quantitative data was collected using the non probability self administered questionnaire that consist of questions with 5-points Likert scales distributed to our samples of 278 individuals. By using a multiple regression analysis, it is found that, training and development, appraisal system compensation are significant to employee retention except employee empowerment. Base on the results, training, compensation and appraisal is a fundamental consideration for University of Y lecturers’ retention decision; while empowerment is less fundamental to lecturers’ consideration as this can be attributed to the Asian culture characteristic of higher authority conformity. Keywords: Employee Empowerment, Training and Development, Appraisal System, Compensation, Employee Retention.
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