Effect of Organizational Factors on Retention of Generation Y Employees in Parastatals: A Case of Kenya Revenue Authority

Abstract

The purpose of this study was to establish generally the effect of organizational factors on retention of generation Y employees in Kenya Revenue Authority. The specific objectives for this study were:  career development, remuneration, employee recognition and management styles on retention of Generation Y employees in Kenya Revenue Authority. The target population for this study comprised of 461 the top level management, middle level management and lower level management.  The research used descriptive survey design and stratified sampling technique. The sample size was 285 respondents. The study used primary data collected using pre-determined questionnaires. The quantitative data was analyzed and presented using descriptive statistics, graphs, pie charts and qualitative data was analyzed through content analysis. The analysis was done using Statistical Package for Social Sciences (SPSS) version 21.

Keywords: career development, remuneration, employee recognition, management styles and retention of generation y employees.