The Effect Of Human Resource Development Practice On Employee Retention A Case Of Ethiopian Insurance Corporation

The purpose of this study was to examine the Effect of HRD on Employee Retention inrnEthiopian Insurance Corporation. The study used explanatory survey design to achieve thernstated objectives. For achieving the study objectives, out of 190 respondents 184 werernselected to gather data through stratified sampling technique using questionnaires andrninterviews. Collected data analyzed through descriptive and inferential statistics usingrnSPSS version 20. The finding of descriptive analysis revealed that the mean score forrnoverall HRD program is slightly above the average mean indicating hardly implementationrnof the independent variables. From the five programs of HRD, relatively, mentoringrn(mean=3.18, SD=0.79) is practiced the highest and Job rotation (mean=3.44, SD=0.80)rnthe least practiced than the rest independent variables in the corporation. The correlationrnanalysis result showed that there is a significant moderate positive relationship existsrnbetween overall and individual HRD programs and employee retention. Relatively, amongrnHRD programs Career development has the strongest positive relationships with employeernretention (r=0.635, p

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