TALENT RETENTION AND ORGANIZATIONAL SUSTAINABILITY OF DEPOSIT MONEY BANKS IN PORT HARCOURT, NIGERIA
Abstract
This study investigated the relationship between talent retention and organizational sustainability of deposit money banks in Port Harcourt. The study adopted a cross-sectional survey research design. The population of the study was the twenty-one (21) licensed deposit money banks in Port Harcourt. The sample size of the study comprised of four (4) managers from each of the 21 banks which summed up to 84 respondents. Furthermore primary and secondary data were collected from the participants with the help of a structured pre-tested questionnaire. Quantitative data was analyzed using descriptive and inferential statistical method using Statistical Package for Social Science (SPSS) computer software version 21.0 presented in textual forms and tables. Spearman’s Rank Order Correlation Coefficient was computed to test the hypotheses. The findings revealed that there is a strong positive relationship between talent retention and organizational sustainability in deposit money banks in Port Harcourt. Based on the findings, this study recommended that talent retention should be encouraged in organizations because it gives opportunities to develop competent, capable and productive employees who will enhance organizational sustainability after the incapacitation or demise of a key stakeholder.
Keywords: Talent Retention, Organizational Sustainability, Key Stakeholder
CITATION: CITATION: Sunnyjoe, C. I., & Tantua (JR.), E. (2019). Talent retention and organizational sustainability of deposit money banks in Port Harcourt, Nigeria. The Strategic Journal of Business & Change Management, 6 (1), 178 – 188.
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DOI: http://dx.doi.org/10.61426/sjbcm.v6i1.1044
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