Antecedents of employee retention in the pharmaceutical industry of Pakistan

Abstract

This study has been conducted to probe the relationships among job satisfaction, supervisory support, organizational commitment and employee retention in the pharmaceutical industry of Pakistan. Based on an extensive literature review an instrument was adopted from different studies. Study respondents were employees of the pharmaceutical sector in the four big cities: Islamabad, Rawalpindi, Lahore, and Peshawar. Responses of total 260 employees of the pharmaceutical industry were recorded and analyzed. After analysis of collected responses using SPSS and AMOS, it has been concluded that organizational commitment, supervisory support and Job satisfaction of employees has a significant positive impact on Employee retention. Supervisory support is the top most important variable in the retention of employees. Job satisfaction has the least impact on employee retention. Findings of the study can be implemented in the pharmaceutical sector and other economic sectors as well for retention of employees. This study is beneficial for the practitioners as it's the empirical evidence of a widely used management statement that "People don't leave companies, they leave the managers".