EMPLOYEE RETENTION STRATEGIES AND ORGANIZATIONAL PRODUCTIVITY IN NASARAWA STATE: A STUDY OF NASARAWA STATE MINISTRY OF EDUCATION

Abstract

This study attempts to examine the impact of employee retention strategies on organizational productivity in Nasarawa State with a focus on Ministry of Education using least square regression analysis. The research objectives are to investigate the impact of effective work environment strategy on organizational productivity; impact of compensation and benefits on organizational productivity and also training and development on organizational productivity. Methodologically, the research is qualitative in nature where data was collected through questionnaire administration. The population of the staff of the ministry is 7200 and using the Taro Yamane formula for sample size determination, the sample size is 379. The findings revealed that effectivity work environment is negatively related to organizational productivity while compensation and benefits strategy is positive and statistical significance to organizational productivity. The results also show the positive coefficient of training and development strategy in relation to organizational productivity. The study concludes that organizational productivity through effective work environment, compensation and benefits package and consistent training and development. The study therefore recommends that management of the ministry should organize training and retaining of their staff periodically, compensation and benefits should be implemented in the ministry for continuous retention of high-performing workers in the organization. Furthermore, that management should formulate policies that will encourage career development opportunities.