Nigerian Journal of Banking and Financial Issues (NJBFI)

Perceptions on organization culture and employee retention among staff of commercial banks in ado-Ekiti metropolis, Ekiti State, Nigeria

Abstract

This study sought to find out the effects of organization culture on employee retention among banks in Ado-Ekiti, Ekiti state, Nigeria. This research adopted qualitative descriptive research design with use of face to face interview with participants. The population of the study consists of all bank employees in Ado-Ekiti metropolis; with target participant of twenty (20) staff from four different banks in Ado-Ekiti Metropolis, however, only six (6) were available for interview. Convenience sampling method was used to select the participants, with the sampling size of the study being four (4) staff of banks. Data was collected using structured interviews question recordings and analysed using thematic analysis. The study found out that organization beliefs, organization norms, organization value had significant effect on employee retention and towards helping employees achieve organizational goals and objectives. The study thus concludes that organization norms promote the retention of employees.