FACTORS AFFECTING EMPLOYEE RETENTION: AN EMPIRICAL STUDY IN THE GIA THY CONSTRUCTION CORPORATION (GIA THY), VIETNAM

Authors

  • Hoang Tuan Phan [1] Gia Thy Construction Corporation, Ho Chi Minh City, Vietnam. [2] Charisma University, School of Business, Providenciales, Turks & Caicos Islands
  • Hoang Minh Thy Phan George Mason University, Fairfax, VA, USA
  • Minh Tam Le Oxford Journal of Technology, Arts, Sciences and Knowledge, Penang, Malaysia
  • Long Nguyen Vietnam Japan Hi-tech R&D Center https://orcid.org/0000-0002-4631-9549

Keywords:

Construction Company, Gia Thy Construction Corporation, Employee Retention

Abstract

This study aims to investigate factors impacting employee retention at Gia Thy Construction Corporation (Gia Thy), Vietnam. Data used in this study were collected from respondents working in the construction industry. Various relationships were examined using Smart PLS structural equation modeling (PLS-SEM). In this study, five influential factors having a positive and significant relationship with employee retention were identified. The findings reveal that focusing on working environment, fostering training and development, investing in rewards and recognition, enhancing co-worker relationship and supervisor support could be a key to retaining employees, besides promoting the brand name and enhancing competitiveness as studied by other researchers. These can serve for further studying relevant areas to sustain employees in any company generally and particularly in the Vietnamese construction industry

Author Biography

Long Nguyen, Vietnam Japan Hi-tech R&D Center

Personal data

  • Nguyen Duc Bao Long (05-04-1976)
  • Education: BA of Japan Studies (1998) – MBA (Griggs University USA 2011) – DBA (EU Business School Switzerland 2014) – Postdoc (California State University USA 2015) General – Postdoc (Oxford UK 2018) Leadership and Public Policy – Postdoc (Oxford UK 2019) Leadership and Risk Management

Experience

  1. Technology and Lean Production Training (from 2008)
  2. Automotive parts and machinery parts production for world-class OEMs (from 2008)
  3. International academic publications about Management, Engineering, Social Sciences, Teaching and Education, Public Relation
  4. Start-ups of high technology (hybrid part, green car part, zero emission vehicle <ZEV>, R&D)
  5. Advisor for MOLISA, ILO, JITCO, VAMAS about non-immigrant labour
  6. Researcher of Hi-tech R&D (Automation and Robotics Technology; Machining Technology; High-Pressure Casting Mold, Advanced Material; 4.0 Technology: AI, BlockChain, Big data, IoT…)

Publication

  1. Nguyen Duc Bao Long, Khong Sin Tan, Ho Lu Lam Tran. “Vietnam Automotive Industry toward 2018”. International Journal of Business and Management Studies, ISSN: 2158-1479 :: 04(02):191–204 (2015).
  2. Nguyen Duc Bao Long, Nguyen Phuc Vinh Tuong, Nguyen Duc Quynh Lan. “Developing Strategy for Petro Vietnam Gas Joint Stock Corporation toward 2025”. International Journal of Business and Management Studies, ISSN: 2158-1479 :: 06(02):69–90 (2017).
  3. Nguyen Duc Bao Long, Ho Lu Lam Tran, Nguyen Thi Le Van, Nguyen Duc Quynh Lan. “Human Resources Development for Supporting Industries through Technical Intern Trainee Dispatch Program of JITCO”. International Journal of Arts & Sciences, ISSN: 1944-6934 :: 10(02):197–208 (2017).
  4. Phan Van Dinh, Nguyen Thi Le Van, Nguyen Duc Bao Long. “Promotion of Pharmaceutical E-Tender in Public Hospital in Vietnam”. Academic Journal of Science, ISSN: 2165-6282 :: 07(03):149–160 (2017).
  5. Tran Khac Hung, Nguyen Duc Quynh Lan, Nguyen Duc Bao Long, Nguyen Thi Le Van. “Influence of job satisfaction on the employee retention among SMEs in Hanoi”. International Journal of Business and Management Studies, ISSN: 2158-1479 :: 06(02):181–190 (2017).
  6. Tran Duc Anh, Nguyen Duc Bao Long, Nguyen Thi Le Van. “Development Strategy for the Tourism Industry of Ho Chi Minh City”. Humanities and Social Sciences Review, ISSN: 2165-6258 :: 07(02):201–210 (2017).
  7. Nguyen Phuc Vinh Tuong, Thai Hong Thuy Khanh, Tran Dinh An and Nguyen Duc Bao Long. “The selection process of the International South East Asian students in choosing the United States as their study destination”. Journal of Teaching and Education, ISSN:2156-6266 ::08(01):58-67 (2018).
  8. Nguyen Duc Bao Long, Nguyen Thi Le Van, Nguyen Duc Quynh Lan, Tran Van Tuan. “Factors influencing the Success of Technical Trainee Program of Vietnamese Interns with JITCO”. International Journal of Multidisciplinary Thought. ISSN: 2156-6992 :: 07(02):221–234 (2018).
  9. Tran Van Ai, Nguyen Duc Bao Long, Nguyen Thi Le Van. “A study of effective competitive strategy of garment companies in Vietnam”. International Journal of Business and Management Studies, ISSN: 2158-1479 :: 07(02):301–312 (2018).
  10. Le Quoc An, Nguyen Duc Bao Long, Nguyen Thi Le Van. “Online consumer satisfaction in fashion industry in Vietnam”. International Journal of Business and Management Studies, ISSN: 2158-1479 :: 07(02):313–324 (2018).
  11. Nguyen Duc Quynh Lan, Nguyen Duc Bao Long. “Key attributes to win online consumers in Vietnam”. International Journal of Business and Management Studies, ISSN: 2158-1479 :: 07(02):313–324 (2018).
  12. Le Quoc An, Tran Van Ai, Nguyen Duc Bao Long. “The Belt and Road Initiative and Its Perceived Impacts on the Textile and Garment Industry of Vietnam”. Journal of Open Innovation: Technology, Market, and Complexity, ISSN: 2199-8531, 2019, 5, 59; doi:10.3390/joitmc5030059.

Proceedings

  1. Long Duc Bao Nguyen, Vu Minh Tuan, Thai Thanh Hai, Nguyen Duc Quynh Lan, Nguyen Ngoc Huy. “Study on operation management for eliminate defect on automotive diecasting mass production”. 4th Academic International Conference on Interdisciplinary Business Studies proceedings on May 2019. ISBN: 978-911185-98-7.
  2. Tracy Trang Ly, Ly Sieng, Nguyen Duc Bao Long, Nguyen Thi Le Van. “Talent management in Nhon Hoa scale company”. 4th Academic International Conference on Interdisciplinary Business Studies proceedings on May 2019. ISBN: 978-911185-98-7.
  3. Long Duc Bao Nguyen, Ly Tracy Trang, Tran Cong Doan, Le Quoc An, Tran Van Ai. “The belt and road initiative (BRI): A Vietnamese perspective”. 4th Academic International Conference on Interdisciplinary Business Studies proceedings on May 2019. ISBN: 978-911185-98-7.
  4. Thiet Thanh Le, Tran Diem Phuong, Tran Vu Le, Nguyen Duc Bao Long, Nguyen Thi Le Van. “Employee commitment at Vietnamese private company”. 4th Academic International Conference on Interdisciplinary Business Studies proceedings on May 2019. ISBN: 978-911185-98-7.
  5. Doan Cong Tran, Vo Xuan Truong, Nguyen Duc Bao Long, Nguyen Thi Le Van, Tran Duc Anh. “Mekong one meal initiative”. 4th Academic International Conference on Interdisciplinary Business Studies proceedings on May 2019. ISBN: 978-911185-98-7.
  6. Long Duc Bao Nguyen, Lan Duc Quynh Nguyen. “The industry revolution 4.0 and commerce transformation in Vietnam”. 4th Academic International Conference on Interdisciplinary Business Studies proceedings on May 2019. ISBN: 978-911185-98-7.

Supervision

  1. Postdoctoral level: 6
  2. Doctoral level: 2
  3. Master level: 3
  4. Bachelor level: 1
  5. Conference level: International Journal of Arts and Sciences Conference at Harvard University Section Chair (2017), NTTU Annual International Conference organizer (2015, 2016, 2017, 2018, 2019)
  6. Journal presentation & paper: International Journal of Arts and Sciences Conference at Harvard University annually, FLE learning Conference at Harvard University 2019

Published

2023-06-30

Issue

Vol. 2 No. 1 (2023): Oxford Journal of Technology, Arts, Sciences and Knowledge

Section

Business Management

Copyright (c) 2023 Oxford Journal of Technology, Arts, Sciences and Knowledge

Creative Commons License

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