Factors on employee loyalty in Hoang Phuc Company
Dang, Trung (2014)
Dang, Trung
Kymenlaakson ammattikorkeakoulu
2014
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2014112616812
https://urn.fi/URN:NBN:fi:amk-2014112616812
Tiivistelmä
How to retain competent employees in a highly competitive environment nowadays is a hard question challenging every company, particularly Hoang Phuc Company, an electronic wire manufacturer in Vietnam. Therefore, the objective of the paper is to examine factors on employee loyalty in Hoang Phuc Company.
The research uses quantitative method. First, hypotheses were made based on literature review. Then, data collected from the questionnaire were analysed with the software SPSS in order to evaluate the hypotheses and find out correlations among the factors.
The research identified five factors on employee loyalty in Hoang Phuc Company as follows: compensation, work environment, person-environment fit, empowerment, and leadership. It also indicated the level of influence of each factor towards loyalty. Accordingly, managers of the company can use the findings to adjust labour policies and human resource management strategies. At a higher level, the research may contribute a basis of work behaviour for managers in Vietnam in order to set adequate management strategies.
The research uses quantitative method. First, hypotheses were made based on literature review. Then, data collected from the questionnaire were analysed with the software SPSS in order to evaluate the hypotheses and find out correlations among the factors.
The research identified five factors on employee loyalty in Hoang Phuc Company as follows: compensation, work environment, person-environment fit, empowerment, and leadership. It also indicated the level of influence of each factor towards loyalty. Accordingly, managers of the company can use the findings to adjust labour policies and human resource management strategies. At a higher level, the research may contribute a basis of work behaviour for managers in Vietnam in order to set adequate management strategies.