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The Effect of Psychological Contract on Employee Retention

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dc.contributor.author Weralupitiya, A.C.
dc.contributor.author Jayarathna, S.M.D.Y.
dc.date.accessioned 2016-04-18T09:14:17Z
dc.date.available 2016-04-18T09:14:17Z
dc.date.issued 2015
dc.identifier.citation Weralupitiya, A.C. and Jayarathna, S.M.D.Y. 2015. The Effect of Psychological Contract on Employee Retention. Proceedings of the 2nd HRM Student Research Symposium, Department of Human Resource Management, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka, 26th January 2016. pp 49. en_US
dc.identifier.issn 2424-7154
dc.identifier.uri http://repository.kln.ac.lk/handle/123456789/12635
dc.description.abstract Employee retention has been a major concern for organizations in this competitive job market because there are employment opportunities for talented professionals, the greater the demand for their services. In order to retain the best talents with the organization, strategies are aimed at satisfying employee’s needs. The problem remains how great the effect of each strategy on employee’s retention. The primary aim of this study is to assess the effect of psychological contract on employee retention in Ansell Lanka (Pvt) Ltd, Biyagama. Hence the objective of this research was to identify the effect of psychological contract on employee retention. The Independent Variable was psychological contract under the seven dimensions, namely stimulating job, work atmosphere, autonomy, salary, task description, intra organizational mobility, work life balance and job security and the Dependent Variable was employee retention. The reliability of the instruments was tested against the data. This study was engaged in hypothesis testing and it was co relational. Data was collected from each individual at Ansell lanka, Biyagama. The analysis was based on the information collected using a self-administered questionnaire. Data used for analysis were totally based on primary data which was collected using a questionnaire developed by the researcher. According to the results, there is an impact of psychological contract on employee retention and there is a relationship between psychological contract and employee retention which is significant. The solution to retention problems at the Ansell Lanka, Biyagama is to put more emphasis on work atmosphere and autonomy because according to the findings these dimensions were more correlated with the employee retention than other dimensions en_US
dc.language.iso en en_US
dc.publisher Department of Human Resource Management, Faculty of Commerce and Management Studies, University of Kelaniya en_US
dc.subject Retention en_US
dc.subject Psychological Contracts en_US
dc.subject Stimulating Job en_US
dc.subject Work Atmosphere en_US
dc.subject Autonomy en_US
dc.subject Work Life Balance en_US
dc.subject Intra organizational Mobility en_US
dc.title The Effect of Psychological Contract on Employee Retention en_US
dc.type Article en_US


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