E-ISSN 0976-2779 | ISSN 0975-8453
 

Review Article 


Impact of Training Facilities, Benefits and Compensation, and Performance Appraisal on the Employees’ Retention: A Mediating Effect of Employees’ Job Satisfaction

Pisak Kalyanamitra, Sakapas Saengchai, Kittisak Jermsittiparsert.

Abstract
It has become important for the organization to gain a competitive advantage over other companies which is not easy in a challenging environment. The biggest challenge in the situation is retaining experienced employees. The organizations can retain their employees for a longer period of time through effective practices of Human Resource as they help organizations in getting a competitive edge. The purpose of this study was to analyze the effectiveness of HR practices including Training Facilities, Benefits and Compensation, and Performance Appraisal in the pharmaceutical industry of Thailand. The job satisfaction is taken as the mediating factor between HR practices and employees retention. The nature of the study is quantitative and the data has been collected through questionnaires that were distributed among 6 pharmaceutical companies using purposive sampling. The study has found that all of these three HR functions positively impact the retention of employees through the development of skills and increased satisfaction. The path analysis of the study shows that job satisfaction is a true mediator of the relationship between different HR policies and employees’ retention.

Key words: HR Practices, Training Facilities, Benefits and Compensation, Performance Appraisal, Employees’ Retention, Job Satisfaction


 
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How to Cite this Article
Pubmed Style

Pisak Kalyanamitra, Sakapas Saengchai, Kittisak Jermsittiparsert. Impact of Training Facilities, Benefits and Compensation, and Performance Appraisal on the Employees’ Retention: A Mediating Effect of Employees’ Job Satisfaction. SRP. 2020; 11(3): 166-175. doi:10.5530/srp.2020.3.19


Web Style

Pisak Kalyanamitra, Sakapas Saengchai, Kittisak Jermsittiparsert. Impact of Training Facilities, Benefits and Compensation, and Performance Appraisal on the Employees’ Retention: A Mediating Effect of Employees’ Job Satisfaction. http://www.sysrevpharm.org//?mno=92363 [Access: April 03, 2020]. doi:10.5530/srp.2020.3.19


AMA (American Medical Association) Style

Pisak Kalyanamitra, Sakapas Saengchai, Kittisak Jermsittiparsert. Impact of Training Facilities, Benefits and Compensation, and Performance Appraisal on the Employees’ Retention: A Mediating Effect of Employees’ Job Satisfaction. SRP. 2020; 11(3): 166-175. doi:10.5530/srp.2020.3.19



Vancouver/ICMJE Style

Pisak Kalyanamitra, Sakapas Saengchai, Kittisak Jermsittiparsert. Impact of Training Facilities, Benefits and Compensation, and Performance Appraisal on the Employees’ Retention: A Mediating Effect of Employees’ Job Satisfaction. SRP. (2020), [cited April 03, 2020]; 11(3): 166-175. doi:10.5530/srp.2020.3.19



Harvard Style

Pisak Kalyanamitra, Sakapas Saengchai, Kittisak Jermsittiparsert (2020) Impact of Training Facilities, Benefits and Compensation, and Performance Appraisal on the Employees’ Retention: A Mediating Effect of Employees’ Job Satisfaction. SRP, 11 (3), 166-175. doi:10.5530/srp.2020.3.19



Turabian Style

Pisak Kalyanamitra, Sakapas Saengchai, Kittisak Jermsittiparsert. 2020. Impact of Training Facilities, Benefits and Compensation, and Performance Appraisal on the Employees’ Retention: A Mediating Effect of Employees’ Job Satisfaction. Systematic Reviews in Pharmacy, 11 (3), 166-175. doi:10.5530/srp.2020.3.19



Chicago Style

Pisak Kalyanamitra, Sakapas Saengchai, Kittisak Jermsittiparsert. "Impact of Training Facilities, Benefits and Compensation, and Performance Appraisal on the Employees’ Retention: A Mediating Effect of Employees’ Job Satisfaction." Systematic Reviews in Pharmacy 11 (2020), 166-175. doi:10.5530/srp.2020.3.19



MLA (The Modern Language Association) Style

Pisak Kalyanamitra, Sakapas Saengchai, Kittisak Jermsittiparsert. "Impact of Training Facilities, Benefits and Compensation, and Performance Appraisal on the Employees’ Retention: A Mediating Effect of Employees’ Job Satisfaction." Systematic Reviews in Pharmacy 11.3 (2020), 166-175. Print. doi:10.5530/srp.2020.3.19



APA (American Psychological Association) Style

Pisak Kalyanamitra, Sakapas Saengchai, Kittisak Jermsittiparsert (2020) Impact of Training Facilities, Benefits and Compensation, and Performance Appraisal on the Employees’ Retention: A Mediating Effect of Employees’ Job Satisfaction. Systematic Reviews in Pharmacy, 11 (3), 166-175. doi:10.5530/srp.2020.3.19





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