THE EFFECT OF COMPENSATION SCHEMES ON EMPLOYEES TURNOVER INTENTION: THE CASE OF ETHIOPIAN WILDLIFE CONSERVATION AUTHORITY

Abstract

The main purpose of this research is to examine the Effect of Compensation on Turnover intention in the case of Ethiopian wildlife conservation authority. In conducting the study both quantitative and qualitative methods of data analysis were used. The quantitative data were gathered through a questionnaire, and the qualitative data were collected through the administration of the interview. The researcher used a random sampling technique to select the sample respondents for the study. Accordingly, 297 employees were selected from the Head Office of EWCA to participate in this study. Questionnaires were distributed to sample respondents and all questionnaires were returned. Explanatory or causal types and descriptive research designs have been used. Descriptive and inferential statistics were employed to analyze the quantitative data collected. On the other hand, the qualitative data collected through interviews were analyzed qualitatively. Findings showed that both financial and Non-Financial compensations had a positive effect on employee turnover intention. It was recommended that the compensation Schemes should be revised periodically, taking into account the market conditions, the nature of the job, and the employees’ desires and needs. Adequate compensation has to be provided and offered to employees based on their performance.