FACTORS ASSOCIATED WITH EMPLOYEES RETENTION: A STUDY OF NEPALESE BANKING SECTORS

Abstract

This study aims to investigate factors associated with the employee retention issues in Nepal Investment bank limited and Himalayan bank limited located in Kathmandu valley. The study has collected data from 125 employees (from different levels and different departments) working in these commercial banks through 5-point Likert questionnaire and processed with the help of SPSS. The collected data are analyze using descriptive statistics and regression analysis. The study results shows that workplace environment, career growth & development opportunity, compensation management and job security have significant impact and association with the employee’s retention in NIBL and HBL located in Kathmandu. It is recommended that plan for work life balance and better career planning for the employees could increase to establishing the stability of employees working in banking sectors.
Kathmandu.