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The Impact of Job Satisfaction on Employee Retention in the Power Sector

The Impact of Job Satisfaction on Employee Retention in the Power Sector
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Author(s): Jesaya Mutileni Nghilalulwa (Oshakati Premier Electric, Namibia)and Sadrag Panduleni Shihomeka (University of Namibia, Namibia)
Copyright: 2024
Pages: 22
Source title: Effective Human Resources Management in the Multigenerational Workplace
Source Author(s)/Editor(s): Angela M. Even (Purdue University, USA)and Bryan Christiansen (Southern New Hampshire University, USA)
DOI: 10.4018/979-8-3693-2173-7.ch011

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Abstract

The main subject of this research was to explore the impact of job satisfaction on employee retention in Oshakati Premier Electric. Forty-four respondents were selected for this research by employing a simple random sampling strategy. A self-administered survey questionnaire was designed to collect data from the respondents. The key findings from this research were that of extrinsic and intrinsic factors that impact employee job satisfaction on employee retention. Furthermore, the research reveals that factors such as training and developmental opportunities, employee benefits, rewards and salaries, conducive working environment, a good relationship with co-employees, and fair treatment from management and supervisors were ranked as the utmost important factors that led to employee job satisfaction and employee retention. It is recommended that management should afford an atmosphere for the attainment of high sensation of employee job satisfaction with the main responsibility of employee retention in the long-term period of the organization.

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