| Abstract: | Employee retention is a fundamental perspective for each organization with respect to competitive advantage because human resources are the most basic resource in the world. As a result, organizations are increasingly focusing on employee retention. The study was conducted Questionnaire with a perspective on improving Employee retention in ESLSE. The main objective of this study is to investigate the effect of Employee Development programs on employee retention in Ethiopia Shipping and Logistics Service Enterprise, to assess the effect of Training, job rotation, Carrier development and mentoring and Coaching on employee retention in ESLSE. The research used an Explanatory study applying quantitative research approach in which data was collected across a population through simple random sampling method from a sample size of 216 employees and used descriptive and inferential statistics in order to analyze the data. And a Multiple Regression made to test the hypothesis how well the Employee Development Program could predict the employee retention, correlation analysis was used to see their relationship between independent and dependent variables. The finding of the current study appears to conclude that effective Employee development programs can help organizations to get satisfied employees and gain ability to retain its valuable human capital. The analysis showed that there were employee’s retention strategies available in the organization and employee development program significantly affect employee retention. However, considerable number of employees in Enterprise is still unsatisfied with the employee development programs, the researcher conclude and recommend that the organization should understand the importance and value of EDP and needs to revise and should formulate strategies to establish employee training policy, job rotation programs, carrier development programs and mentoring and coaching programs in order to motivate and improve their employee performance and employee retention. |
