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Employee Retention in Pharmaceutical Companies in Malaysia

Author

Listed:
  • Azlina Saedin
  • Syarifah Mastura Syed Abu Bakar
  • Natasha Dzulkalnine
  • Abidah Saad
  • Harpajan Singh
  • Shamsul Azren Mohd Shukur

Abstract

In today's global economy, more companies are going global, and employees are actively seeking better career opportunities and growth. This dynamic has made employee retention a significant focus for Human Resources Management. The main purpose of this study is to understand the factors that influence employee retention at pharmaceutical companies in Malaysia. The research objectives were to examine whether factors such as reward, career advancement, and manager engagement have a significant influence on employee retention in pharmaceutical companies in Malaysia. The population in this study is made up of employees of pharmaceutical companies in Malaysia. This research was conducted in a natural setting in a non-contrived manner using non-probability convenience sampling. Of the 400 surveys provided, 365 were answered by Malaysian pharmaceutical company employees, regardless of status. The validity and reliability of the questionnaire were checked, and responses were collected and analyzed via SPSS software. The result suggests that rewards, career advancement, and manager engagement positively influence the retention of employees in pharmaceutical companies in Malaysia. For hypothesis testing, all independent variables show a significant relationship with employee retention.

Suggested Citation

  • Azlina Saedin & Syarifah Mastura Syed Abu Bakar & Natasha Dzulkalnine & Abidah Saad & Harpajan Singh & Shamsul Azren Mohd Shukur, 2023. "Employee Retention in Pharmaceutical Companies in Malaysia," Information Management and Business Review, AMH International, vol. 15(3), pages 410-417.
    • Handle: RePEc:rnd:arimbr:v:15:y:2023:i:3:p:410-417
    DOI: 10.22610/imbr.v15i3(SI).3497
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    References listed on IDEAS

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    1. Driton Sylqa, 2020. "Motivation of people - theoretical models and practices," Business Management, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 2 Year 20, pages 5-24.
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