Factor Influencing Employee Retention in Cooperatives in the City of Mati, Davao Oriental

Abstract

The general objective of this study was to identify the factors that influence employee retention in the cooperatives in the City of Mati. Specifically, to addressed the following specific objectives; (a) to determine the socio-demographic profile of cooperative employees in the City of Mati, (b) to determine the potent and least factor in employee retention, (c) to examine the significant difference in potent and least factor when group according to their socio-demographic profile. Descriptive research design was utilized in the study. It selected 317 respondents using complete enumeration sampling technique. Questionnaires were uploaded to KoBoToolbox and used in data collection. Then analyzed using descriptive and inferential. Frequency count and percentage, EFA, and ANOVA were utilized and presented in a table. The findings of the study revealed that majority of the cooperative employees were males ages 41 years old and above with less than five years in service. Also, most of their services offered were agricultural products. However, four factors were identified. Base pay was the potent factor and shows significant difference when group by age and length of service. However, organizational values and policy was the least factor and shows significant difference when group by age.