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

between ‘Employee performance’ and ‘Supervision’ (variable 7) is 0.388 (Sig.=0.001); the correlation between ‘Employee performance’ and ‘Stress’ (variable 8) is 0.474 (Sig.=0.000); the correlation between ‘Employee performance’ and ‘Benefits’ (variable 9) is 0.449(Sig.=0.000); the correlation between ‘Employee performance’ and ‘Job Environment’ (variable 10) is 0.493 (Sig.=0.000). Therefore, the study exhibits that there seems to be a moderate correlation between employee performance and identified factors of role of motivation in garments sector’s employees. VIII. C onclusion and R ecommendations To conclude, it is evident that consistent motivation can yield the subsequent favorable outcomes on employee performance and retention within the readymade garments sector in Bangladesh. Conse- quently, upon motivating employees, the organization will witness: Enhanced job satisfaction strengthened commitment, diminished intention to leave the job (leading to prolonged engagement). The outcomes of this study suggest that employee retention is strongly influenced by a set of ten motivational factors. These factors include compensation, work-life balance, the working environment, relationships between superiors and subordinates, salary or wages, working hours, supervision, stress levels, benefits, and the overall job environment. Through statistical correlation analysis, it has been established that there is a positive and significant correlation between employee performance and the identified motivational factors. This significance holds at a confidence level of 0.01 (two-tailed). Further- more, the motivational factors that impact employee retention have demonstrated higher average values, ranging from 3.7083 to 4.2917. The study has also assessed the reliability of the research using Cronbach's Alpha, resulting in a value of 0.868, which indicates good reliability. 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(2015) Influence of learning and working climate on the retention of talented employees. Journal of Workplace Learning. [Online] Emerald Insight 23 (1). Pg. 37-38. Hay Group. (2013) Preparing for takeoff. Available from: https:// atrium.haygroup.com/downloads/marketingps/ww/P reparing%20for%20take%20off%20-%20 executive% 20summary.pdf. [Accessed on: 2nd June 2017]. Role of Motivation in Employee Retention: A Study on Readymade Garments Manufacturing Company in Bangladesh 24 Global Journal of Management and Business Research Volume XXIII Issue VII Version I Year 2023 ( ) A © 2023 Global Journals

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