WEIGHING EMPLOYEE INNOVATIVE PERFORMANCE WITHIN THE CONTEXT OF INTEGRATED RETENTION SYSTEM

Abstract

The issue of retaining employees in organizations has been a major crisis that all sectors face today. Hence, this paper investigated and critically analyzed the impact of an integrated retention system on innovative performance of employees in the insurance industry. A quantitative research method was used and data collected via questionnaire was purposively sourced from two insurance broking firms in Nigeria. A variance-based structural model was adopted for data analysis. It is clear that the insurance business sector in Nigeria still has much room for improvement and development. There is an urgent need to heal the psyche of the employees by building a robust cordial relationship and promoting employee-friendly policies in insurance companies.