Investigating the effects of total rewards, needs satisfaction, and attitude towards money on employee retention: a structural equation modelling inquiry

Key Points

• The research aims to explore the relationships between total rewards, needs satisfaction, and employee retention.
• Employs structural equation modeling to analyze data between parameters.
• Assesses employee attitudes towards money and satisfaction needs.
• Collects data from a diverse workforce across various sectors.
• Identifies significant positive correlations between total rewards and employee retention.
• Finds that needs satisfaction mediates the relationship between rewards and retention.
• Demonstrates that a positive attitude towards money can enhance retention rates.