DESK REVIEW OF JOB SATISFACTION COMPONENTS & EMPLOYEE RETENTION IN COMMERCIAL BANKS IN KENYA

Employees are the life-blood of any organization. Even though most of the organizations are nowadays are found to be technology driven, but still human resources are required to run the technology. They are the most vital and dynamic resources of any organization and they should be motivated. With all round development in each and every area of the economy, there is stiff competition in the market. With this development and competition, there are lots of avenues and opportunities available in the hands of the human resources. The biggest challenge that organizations are facing today is not only managing these resources but also retaining them. Securing and retaining skilled employees plays an important role for any organization, because employees' knowledge and skills are central to companies' ability to be economically competitive. Employee remuneration is one of the most important variables in determining whether or not an employee stays with an organization. The purpose of this study will be to establish the influence of remuneration on employee retention in Commercial Banks in Kenya. Good remuneration program motivates employees in an organization. Adequate reward system in the organization would reduce the employee turnover rate.