Global Journal of Management and Business Research, A: Administration and Management, Volume 23 Issue 7

individual's job satisfaction and their approach to their work (Kressler H, 2004). In businesses, rewards play a significant role in creating and nurturing the bond between workers, ensuring satisfactory job performance and fostering employee loyalty. In the corporate context, employees engage with a company with specific skill sets in exchange for desired goals, anticipating favorable working conditions where their abilities are utilized to achieve objectives (Mottaz CJ, 1988). These rewards elevate individual effectiveness and efficiency in their roles, contributing to improved organizational performance as a result (Mottaz CJ, 1988). l) Stress Stress manifests as both psychological and physical burnout, leading to objective or subjective challenges for employees. Numerous factors, including issues like liquidity shortages and overcrowded branches, can contribute to employee stress levels. Research conducted by Hamid (2007) revealed a substantial correlation between stress and job satisfaction. It was observed that higher levels of employee stress were associated with a decrease in overall job satisfaction. m) Job Environment The work environment can vary significantly, ranging from environments that are entirely comfortable and fulfilling to those that are challenging and potentially hazardous to employees' well-being. Moreover, the intricate operational context can be influenced by the factors outlined by Khan et al. (618 A. Khan et al.). III. O bjective of the S tudy The objectives of the research are - • To investigate whether motivation has a positive impact on employee retention within the readymade garments industry in Bangladesh. • To understand the salary compensation and the employee benefits. • To evaluate the factors that influence the employee’s performance. IV. R esearch H ypothesis The hypotheses formulated based on the aforementioned research question suggest the possible answers to the research inquiry as follows: H0: The role of motivation does not have an effect on employee retention within the readymade garments industry in Bangladesh. H1: The role of motivation has a positive effect on employee retention within the readymade garments industry in Bangladesh. V. M ethodology of the S tudy This study employs a combination of primary and secondary data collection and analysis techniques. To ensure its effectiveness, primary data has been gathered from a sample size of 72 respondents, including high officials, executives, and other employees within the garment industry in Bangladesh. This sampling was conducted through a 'random sampling' method, utilizing surveys distributed across various garment organizations. The primary data collection utilized a structured questionnaire designed for employees. This questionnaire comprised a mix of closed (dichotomous - yes/no), open-ended, non- forced, balanced, and odd-numbered non-comparative itemized questions. A Likert 5-point rating scale was employed for measurement. Conversely, the study also drew upon secondary data obtained through an extensive literature review. This review encompassed recent articles, research papers from referenced journals, peer-reviewed international conference proceedings, and relevant reports pertaining to the impact of employee training. This study embarked on exploratory research to acquire insights and comprehension of the comprehensive operations within a Garments Company. Its primary focus was to familiarize with the diverse HR strategies prevalent in the garments industry. Exploratory research involves delving into a problem or situation to generate ideas and insights for the research. In this context, I opted for this research approach to gather ideas and insights directly from the managers, executives, and high officials of Shun Ho Bangladesh Ltd. VI. D ata A nalysis and F indings a) Reliabity Cronbach's Alpha No. of Items .868 11 Role of Motivation in Employee Retention: A Study on Readymade Garments Manufacturing Company in Bangladesh 21 Global Journal of Management and Business Research Volume XXIII Issue VII Version I Year 2023 ( ) A © 2023 Global Journals Table 1: Statistics Reliability