Human Resource Practices and Employee Retention:  The case of Maldives Small and Medium-sized Enterprises (SMEs)

Mausooma Hassan; Ong Chuan Huat; Yong See Chen

doi:10.21834/e-bpj.v8iSI15.5090

Authors

Mausooma Hassan SEGi University, Graduate School of Business (GSB), Kota Damansara, Malaysia
Ong Chuan Huat SEGi University, Graduate School of Business (GSB), Kota Damansara, Malaysia
Yong See Chen SEGi University, Graduate School of Business (GSB), Kota Damansara, Malaysia

DOI:

https://doi.org/10.21834/e-bpj.v8iSI15.5090

Keywords:

Compensation and Rewards , Training and Development , Trust in Supervisor (Affective) , Employee Retention

Abstract

The main objectives of this study are to examine Human Resource (HR) practices (Compensation and rewards, Training and development) and the mediating role (affective-based) of trust in supervisors to retain employees in SMEs in the Maldives using the social exchange theory (SET). A sample of 275 respondents among the employees working in SMEs in the capital city of the Maldives was selected using a simple random sampling method. Data were analysed using SPSS and SmartPLS version 3.7. The findings of this study offer several critical theoretical and practical implications for SME owners and managers interested in enhancing employee retention.

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