ASSESSMENT OF EMPLOYEE ACQUISITION AND RETENTION STRATEGIES OF ETHIO TELECOM

Abstract

The purpose of this research is to assess employee acquisition and retention strategies in Ethio telecom. Having understood the significant level of employee turnover rate of the organization, the researcher was motivated to assess the employee acquisition and retention strategies. The general objective of the study was to investigate the organization’s acquisition and retention strategies and to evaluate its appropriateness in light of gaining and retaining valuable human power and reduce employee turnover. The study would help the organization to understand what the effective employee acquisition and retention strategies that able to attract and retain valuable human power.The researcher used descriptive research methodology and analyses data in a descriptive statics with frequencies and percentages. The researcher has found and concluded as theabsence of fair and appropriate (equitable) allowance, incentives and rewards; unfair and biased employee evaluation system; absence of flexible working conditions; absence of fair and equitable annual salary increment, absence of clear job description and specifications and employees do not participate in management of the organization. Finally the researcher recommended the organization to rely on clear and concise job descriptions and specifications ,to make rewards to a large extent depend on the value the employees place on the inputs they bring to the job in the form of education, experience, training, time, etc, support flexible working arrangements and to have clear, precise and consistent employee recruitment and selection policies