Abstract:
The private sector in recent years has been recognized as a key engine of
economic development in Ghana. However, Productivity is commonly low in the
various private firms in Ghana mainly because employees are poorly recruited and
retained. This therefore makes it necessary for a critical look into how some private
organizations recruit their employees and the measures they put in place to retain them.
Also, ways of improving current recruitment and retention strategies of these firms as
well as new and efficient ones are very important to research into and unearth. Hence,
this study looks at the factors that influence staff recruitment and retention in some
organizations in the Greater Accra region. For reason of convenience, three private
organizations namely Arthur Energy Advisors Limited, International Community
College, and Holman Consulting Limited which represent the energy sector, the
education sector, and the ICT services industry were selected for this study. Quotas of
respondents were allotted to these organizations based on their population. To
investigate the set objectives of this study, primary data comprising field survey was
used. A purposive sampling technique was employed to select employees. The study
revealed that these selected organizations do not have problem advertising job
vacancies for prospective applicants to apply. However, perceived good condition of
service by applicants tend to be false after applicants are employed. It was also
observed from the study that regardless of the employees’ positions, they expect to be
motivated properly. Motivation to aid in retaining employees do not only come from
financial benefits but non-financial factors as well. Based on the findings, it is
recommended among others that employees should be seen as valuable assets and be
treated as such.
