Professional Documents
Culture Documents
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A Thesis
Presented to the
Faculty of the Graduate School
Bataan Peninsula State University
City of Balanga, Bataan
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by:
AIZA C. PERLADO
February 2020
CHAPTER I
Introduction
One of the major problems faced by companies is the retention and commitment of
employees. It is not only important to have the best and the most talented employees but it is
equally necessary to be able to retain them for long term which benefits both organization and
its people. High turnover rates can affect a company and its employees in many ways. With the
constant need to hire and train new employees, it is easy to veer from true mission and vision
of the organization. By retaining employees, companies can provide a higher calibre workforce
that positively affect the bottom line. The big business challenge is to align their goals with the
growing demand for a balanced organizational climate that meets basic human needs and where
work is synonymous with personal fulfilment. In this sense, many managers are increasingly
convinced that attracting and retaining good employee goes far beyond paying the best salaries
in the market. It is quite imperative to understand the factors that lead people to stay in the job,
since all business action requires financial human resources, and the latter act better when
motivated.
Notes in Chapter I
For Books:
IBM Corporation. Statistical Package for Social Sciences (SPSS) version 18 for
Windows. 2012. Stable Released: 21 August 2012.
For Theses/Dissertations:
Civil Service Commission Memorandum Circular No. 3 s. 2001. Merit Selection and
Promotion Plan. http://www.supremecourt.gov.ph.elinrary/manual. Retrieved: 03 October
2012.