Impact of Compensation and Conductive Environment on Employee Retention; A Mediating Role of Job Satisfaction

Abstract

Compensation and conducive environment have positive impact on Employee satisfaction and performance. Study focused mainly on the impact of compensation packages and conducive environment on employee retention in private sector of Pakistan. In our study conducive environment and compensation packages are taken as independent variable. Where employee’s retention taken as dependent variables and employee retention considered as mediator. The purpose of this study is to identify the relationship between compensation packages and conducive environment on the employee satisfaction and employee retention. To study the relationship between these variables, a survey has been conducted through a defined questionnaires by giving chance to private organization employee to fill the defined questioners. The data is collected from different private companies located in Rawalpindi and Islamabad. The data will analysis by using IBM SPSS software which includes descriptive frequencies, reliability, correlation, regression. The study discloses that compensation packages and conducive environment had a positive impact on employee satisfaction and employee retention.