An Evaluation of Remuneration Scheme in Relation to Staff Turnover in Kenyan Private Universities: Case Study of the Kenya Methodist University

Abstract

The study evaluated employee perception on remuneration scheme on staff turnover in Kenyan Private Universities with the Kenya Methodist University as the case study. The objective of the study was to evaluate remuneration scheme in relation to staff turnover in Kenyan Private Universities and to ultimately come up with appropriate recommendations that would facilitate the reduction of staff turnover in private universities. It is hoped university administration, government and other human resource policy makers and employees will greatly benefit from the findings. The descriptive research design was used to obtain data from the targeted and accessible population which comprised of teaching and non-teaching staff at the Nairobi and Nakuru Methodist University campuses. 136 respondents were selected purposively. Self-developed questionnaires were administered personally to respondents to gather the information. The data collected was analyzed using tables, frequency distributions and percentages. The statistical package for social sciences (SPSS) was used to assist in the analysis process. Remuneration is key in retaining workers in any organization and it must be the purpose of any human resource management to design a competitive remuneration package which will serve to attract, retain, and motivate staff so as to ensure the ultimate organization’s commercial and financial viability.

Keywords: Employee Turnover;  Morale; Remuneration