Job Embeddedness and Employees’ Retention in Deposit Money Banks, Kogi State, Nigeria

Abstract

This study on job embeddedness and employees’ retention in deposit money banks in Kogi state, Nigeria is written to examine the effect of job embeddedness on employees’ retention. The study adopts a descriptive research survey design. Pilot study was conducted using a test-retest method and tested using Cronbach alpha to establish the reliability of the instrument. Validity of the instrument was also tested. Again, population of the study is 872 which cut across the five deposit money banks in Kogi state, Nigeria. However, considering the large size of the population the study adopts Godden sample size statistical formula to reach respondents numbering 267 through a structured questionnaire but only 246 respondents completed and returned their questionnaire given 92% retrieval rate. The statistical tools used comprised descriptive and inferential statistics and hypotheses tested using linear regression analysis. Finding revealed that there is a significant positive relationship between fit, link, sacrifice and job satisfaction, self-efficacy and workplace flexibility (r = .857, .876, .932 p-value <0.05). In view of the finding, the study concludes that there is a significant positive relationship between job embeddedness and employees’ retention in Kogi state. Nigeria. Premised on the finding the study therefore recommends that tools that will enhance job embeddedness should be improved and periodic review be carried out in order to motivate employees towards higher retention.