This descriptive study investigated the relationship between development opportunities and compensation with employee retention. Analyzing two turnover determinants, development opportunities, and compensation, and their impact on the banking sector and comparing them to find a more effective retention factor is the main goal of the study. Data were collected from national, foreign, private, and specialized banks employee throughout Bangladesh, and 234 employees were chosen from the population of 197,599 using the convenience sampling method. The study questionnaire was prepared using a five-point Likert scale and which sent to the respondent online and personally. To examine the primary data IBM SPSS version 23 (Statistical Package for the Social Sciences) was used and the result of the independent sample t-test was found that statistically there is no significant difference in the case of different gender on employee retention. Coefficient correlation finds that development opportunities and compensation are significantly correlated with employee retention but multiple regressions find that compensation is more significant than development opportunities on employee retention. Managers need to project compensation plans perceived by employees at different levels so that the organization's goal can be easily reached. Previous studies that are on employee retention measured the impact of development opportunities and compensation. But this study considers the comparative impact regarding the use of which one is most significant for employee retention.<p> </p><p><strong> Article visualizations:</strong></p><p><img src="/-counters-/edu_01/0202/a.php" alt="Hit counter" /></p>
The purpose of the study is to explore the factors affecting stress and the impact of stress on absenteeism in the public and private banking sector in Bangladesh. An attempt was also made to investigate how stress is related to absenteeism. The number of samples was 272. With help of the structured questionnaire data was collected. The research applied the confidence interval, univariate, bivariate, multivariate analysis and t-test analysis for analyzing the collected data. It is found that the degree of stress is high in this sector, and stress factors (workload, role characteristics, time pressure & deadline and non-work pressure) are positively related to employee absenteeism. Whereas it has also found that, stress level is almost same for male and female employees in the banking sector. This study is advantageous to human resource practitioners and managers in developing workplace strategies and in improving positive workplace outcomes from the workplace by reducing stress.
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JEL Classification:
G33, G20This study has been designed to reveal whether declining trend of profitability can severely affect bankruptcy of the financial institutions. Altman Z-score, fixed effect, random effect and then Hausman test are used to achieve our research goal. After critical analysis, we find that although bankruptcy and earning volatility are positively correlated in the long-term, earning volatility has very little influence on bankruptcy indicator of banking sector in Bangladesh. That is, profitability indicators Return on Investment (ROI) and Return on Assets (ROA) can explain very little portion of total changes in Altman Z-score. Contribution/ Originality: There are some financial (i.e. liquidity, solvency and profitability) and non-financial factors are responsible for bankruptcy of an organization but in this study, we have tried to show how much the earning volatility is exclusively responsible for financial distress of financial institutions.
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