NON-FINANCIAL REWARDS AND THEIR EFFECTS ON EMPLOYEE RETENTION IN THE PUBLIC SECTOR IN KENYA; THE CASE OF THE NATIONAL TREASURY

Abstract

Purpose: This study sought to examine the effect of non-financial rewards on employee retention in the public sector organizations in Kenya, case of the National Treasury.Methodology: The study used descriptive survey research design to achieve the above objectives. The target population was all 2494 employees of the National Treasury. The study adopted stratified and simple random sampling techniques to draw a sample size of 65 respondents that was proportionately distributed to all the five directorates. The study collected Primary data using structured questionnaires which were self-administered and interview schedules. Descriptive statistics was used to summarize data while inferential statistics, specifically multiple linear regression was used to test hypotheses. Regression was done using Microsoft Excel and results were presented using tables, figures and charts. Results: The results of the study showed that non-financial had a positive statistical effect on employee retention.Unique contribution to theory, practice and policy: The study recommended that public sector organizations should pay attention in nonfinancial rewards managements systems and use them to boost their employee retention strategies. They should also ensure that the nonfinancial rewards offered are competitive to what similar organizations are offering to minimize brain drain.