The Effect of Employee Retention Company to Turnover Intention Employee—Case Study on Head Office Lampung Bank

P. Wulansari, B. Meilita, Y. Ganesan
2020 Proceedings of the 3rd Global Conference On Business, Management, and Entrepreneurship (GCBME 2018)   unpublished
Achieving company performance will never be separated from the participation of employees. The performance would be good, if employees could survive and there is no significant turnover. Because turnover will cause the losing knowledge and culture that has been made along with the departure of the employee and automatically company will lose their ability, experience and also their assets. Turnover problem in banking industry on 2016 reaches 15 percent which is caused by the efficiency of the
more » ... mpany normal cycle. Obviously, this is a big problem for banking sector, where banking is one of the crucial sectors in Indonesia. The main reason of turnover is because employee are not satisfied working in those companies. Therefore it is important for the company managing their employee by maintaining employees who have been involved in the success of the company, and known as employee retention. This study analyzed the effect of employee retention on turnover intention in Bank of Lampung Head Office, involving 129 respondents who are employees of bank Lampung. Simple regression analysis and descriptive analysis were used in this study, to examine and measure the relationship between the employee retention and turnover intention variables. The result showed that a significant negative relationship between employee retention programs on turnover intention at Bank Lampung. This suggests that the employee retention program within the company can reduce the company turnover rate.
doi:10.2991/aebmr.k.200131.050 fatcat:nunntbnzpfeitfeyenie4wke3m