Factors Influencing Employees Retention in the Construction Sector of Tanzania: A Case of ESTIM Construction Company Ltd.

Chalambo, Denis (2023) Factors Influencing Employees Retention in the Construction Sector of Tanzania: A Case of ESTIM Construction Company Ltd. Masters thesis, The Open University of Tanzania.

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Abstract

The aim of the study was to assess the factors influencing employee retention in construction sector in Tanzania. Specific objectives of the study were to assess the relationship between working conditions, compensation, career growth opportunities recognition and employees’ retention. Maslow’s Hierarch of Human Needs were discussed and tested through the pyramid of five needs which are physiological needs, safety needs such as job security, love and belonging needs, esteem, and self-actualization. Only the quantitative research method was used and a structured questionnaire was used as a tool for data collection. The study was conducted by sending 162 questionnaires to the employees of Estim Construction Company Limited. There were 124 collected from respondents out of a 162 employees. The collected data were analyzed quantitatively using SPSS computer software version 26. This study involved the use of linear regression analysis. The results driven from the research showed that four independent variables including working conditions, compensation, career growth opportunities and recognition, have a significant positive relationship with employee retention. Thus provision of better working conditions, career growth opportunities, better compensation, and recognition to employees can be used as strategies to retain employees’ in organizations’ and hence obtain better performance of an organization. The study recommends that management of organisations should promote training and development of employees to improve career growth opportunities. To improve compensation and recognition should provide bonuses, profit sharing and merit to employee’s performance. Also researcher recommends to further study to be carried out in other area apart from construction industry and Estim Construction Company Limited. Key words: Employee retention, Career growth, Compensation and Working condition

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