WORKPLACE RETENTION STRATEGIES AND ORGANISATIONAL PRODUCTIVITY OF COMMERCIAL BANKS IN RIVERS STATE

Abstract

This study examines the relationship between workplace retention strategies and organisational productivity of commercial banks in Rivers State. Three objectives and three corresponding null hypotheses guided the study. Correlational survey design was adopted for this study. The population of this study was 96 managers of commercial banks domiciled in Rivers State. The study adopted the census population.  Structured questionnaire instrument title “Workplace Retention Strategies and Organisational Productivity (WRSOPQ)” was used to elicit data. Cronbach’s alpha reliability coefficient of 0.77 was used ascertained. PPMC (person product moment correlation) was used to test hypotheses on SPSS version 25.  There is a significant relationship between workplace retention strategies dimensions and measures of organisational productivity of commercial banks in Rivers State. The study recommended that Commercial banks in Rivers State should prioritize structured career development programs, including regular training, mentorship schemes, succession planning, and internal promotion pathways that will lead to improved labour productivity and reduced turnover rates.