Abstract:
Organization culture shapes up the behaviors of the employees who are
working for an organization. Employee retention and satisfaction will
be consequences of powerful organizational cultures. Highlighting the
team orientation, innovation & risk taking, people orientation, output
orientation, reward systems, attention to details and competitiveness,
this article investigates the Impact of organizational culture on
employee retention using a case of a beverage company in Sri Lanka.
This is a quantitative study and data was collected through
questionnaire case study method. The sample of this study was 104
employees who are currently working in this organization. Correlation
analysis and multiple regression were used as principle techniques for
the data analysis with the support of SPSS software. Results show that
team orientation, attention to detail and competitiveness have a
moderate linear relationship with employee retention while other
variables show weak relationships. Thus, findings suggest that organizations must carefully identify the culture practices to improve
the employee satisfaction and retention rates to gain sustainable
competitive advantage with the support of the existing workforce.
