Job Security and Employee Retention: Role of Job Embeddedness

Job Security and Employee Retention: Role of Job Embeddedness

Dr. Manoranjan Biswas

Abstract

The study attempts to understand the underlying mechanism for strengthening job security and employee retention of nurses working in private hospitals operating in India. The mediating role of job embeddedness in the relationship between job security and employee retention was also investigated in the study. Pre-existing questionnaire for data collection through convenience sampling was used in the study. Data were collected from a total of 388 employees. The study used structural equation modelling for analysis of the data. The result of the study shows a significant and positive relationship between job security and employee retention. The result also shows an essential role played by job embeddedness for strengthening the above relationship. The study attempts to understand the importance of job security as a vital factor for enhancing nurses’ retention with the support of social exchange theory.

Keywords – Job security, job embeddedness, employee retention, social exchange theory