Impact of Training Facilities, Benefits and Compensation, and Performance Appraisal on the Employees? Retention: A Mediating Effect of Employees? Job Satisfaction
Abstract
Pisak Kalyanamitra, Sakapas Saengchai, Kittisak Jermsittiparsert
It has become important for the organization to gain a competitive advantage over other companies which is not easy in a challenging environment. The biggest challenge in the situation is retaining experienced employees. The organizations can retain their employees for a longer period of time through effective practices of Human Resource as they help organizations in getting a competitive edge. The purpose of this study was to analyze the effectiveness of HR practices including Training Facilities, Benefits and Compensation, and Performance Appraisal in the pharmaceutical industry of Thailand. The job satisfaction is taken as the mediating factor between HR practices and employees retention. The nature of the study is quantitative and the data has been collected through questionnaires that were distributed among 6 pharmaceutical companies using purposive sampling. The study has found that all of these three HR functions positively impact the retention of employees through the development of skills and increased satisfaction. The path analysis of the study shows that job satisfaction is a true mediator of the relationship between different HR policies and employees’ retention.
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| Pubmed Style Pisak Kalyanamitra, Sakapas Saengchai, Kittisak Jermsittiparsert. Impact of Training Facilities, Benefits and Compensation, and Performance Appraisal on the Employees’ Retention: A Mediating Effect of Employees’ Job Satisfaction. SRP. 2020; 11(3): 166-175. doi:10.5530/srp.2020.3.19 Web Style Pisak Kalyanamitra, Sakapas Saengchai, Kittisak Jermsittiparsert. Impact of Training Facilities, Benefits and Compensation, and Performance Appraisal on the Employees’ Retention: A Mediating Effect of Employees’ Job Satisfaction. http://www.sysrevpharm.org/?mno=92363 [Access: March 30, 2021]. doi:10.5530/srp.2020.3.19 AMA (American Medical Association) Style Pisak Kalyanamitra, Sakapas Saengchai, Kittisak Jermsittiparsert. Impact of Training Facilities, Benefits and Compensation, and Performance Appraisal on the Employees’ Retention: A Mediating Effect of Employees’ Job Satisfaction. SRP. 2020; 11(3): 166-175. doi:10.5530/srp.2020.3.19 Vancouver/ICMJE Style Pisak Kalyanamitra, Sakapas Saengchai, Kittisak Jermsittiparsert. Impact of Training Facilities, Benefits and Compensation, and Performance Appraisal on the Employees’ Retention: A Mediating Effect of Employees’ Job Satisfaction. SRP. (2020), [cited March 30, 2021]; 11(3): 166-175. doi:10.5530/srp.2020.3.19 Harvard Style Pisak Kalyanamitra, Sakapas Saengchai, Kittisak Jermsittiparsert (2020) Impact of Training Facilities, Benefits and Compensation, and Performance Appraisal on the Employees’ Retention: A Mediating Effect of Employees’ Job Satisfaction. SRP, 11 (3), 166-175. doi:10.5530/srp.2020.3.19 Turabian Style Pisak Kalyanamitra, Sakapas Saengchai, Kittisak Jermsittiparsert. 2020. Impact of Training Facilities, Benefits and Compensation, and Performance Appraisal on the Employees’ Retention: A Mediating Effect of Employees’ Job Satisfaction. Systematic Reviews in Pharmacy, 11 (3), 166-175. doi:10.5530/srp.2020.3.19 Chicago Style Pisak Kalyanamitra, Sakapas Saengchai, Kittisak Jermsittiparsert. "Impact of Training Facilities, Benefits and Compensation, and Performance Appraisal on the Employees’ Retention: A Mediating Effect of Employees’ Job Satisfaction." Systematic Reviews in Pharmacy 11 (2020), 166-175. doi:10.5530/srp.2020.3.19 MLA (The Modern Language Association) Style Pisak Kalyanamitra, Sakapas Saengchai, Kittisak Jermsittiparsert. "Impact of Training Facilities, Benefits and Compensation, and Performance Appraisal on the Employees’ Retention: A Mediating Effect of Employees’ Job Satisfaction." Systematic Reviews in Pharmacy 11.3 (2020), 166-175. Print. doi:10.5530/srp.2020.3.19 APA (American Psychological Association) Style Pisak Kalyanamitra, Sakapas Saengchai, Kittisak Jermsittiparsert (2020) Impact of Training Facilities, Benefits and Compensation, and Performance Appraisal on the Employees’ Retention: A Mediating Effect of Employees’ Job Satisfaction. Systematic Reviews in Pharmacy, 11 (3), 166-175. doi:10.5530/srp.2020.3.19 |
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