Exploring the Nexus between Corporate Culture and Employees' Retention in Private Firms in Anambra State, Nigeria

Abstract

The study examined the nexus between corporate culture and employees' retention in private firms in Anambra State, Nigeria. It analyses the key variables that have been linked to success of organisational goals which refers to the ability of an organisation to retain its employees over a period of time. The study employed the descriptive research design. This study was conducted among 155 employees in ten selected private firms within the three urban centres within Anambra State, who aged between a minimum age of 27 years to a maximum age of 48 years. The instrument for data collection was questionnaire. The instrument was administered to the respondents on face-to-face basis by the principal researcher, with the help of two research assistants. Data collected from the survey were coded into the Statistical Package for Social Sciences (SPSS) software package version 26.0, which was used in processing all the relevant data. The results of the study indicate the need for corporate culture strategies to provide equitable opportunities for skill enhancement and career progression that would foster a sense of inclusion and value among employees. The study concludes with recommendations that there is need for the organisations to strengthen their communication and feedback mechanisms by developing open communication channels, to encourage employee engagement and regularly sharing of updates on company goals and performance to build trust and ensure transparency.