Determinants of employee retention at United Commercial Bank Limited

Abstract

The banking industry in Bangladesh is significantly important to the country’s economic growth. The nation now has 61 approved banks in operation. United Commercial Bank Limited, which has been in operation since 1983, is regarded as one of the top commercial private banks. Through strong leadership abilities, it has already earned people's respect and confidence for its service, which has been satisfying and committed to all departments. Most significantly, United Commercial Bank is quite well for the efficient banking facilities, client services, and foreign currency transactions such as export, import, and remittance. The focus of this research was on the Determination of Employee Retention at UCBL. This research evaluates UCBL's overall facilities to improve talent retention and reduce turnover costs while also retaining skilled employees for the organization. This paper covers three different themes in total. I write and explain an overview of my internship program in the first chapter. Where I specified my name, ID, and major. In addition, internship information and credentials such as the title of the company where I worked for 3 months, my supervisor details, and my tasks and responsibilities are included. Similarly, my contribution to the firm consists of the privileges I receive from the organization as well as my suggestions for incoming interns. Throughout chapter two, I go through the organizational aspects, such as the five practices that UCBL adheres to. I describe all of my organization's management techniques, marketing tactics, finance and management analyses, operational procedures, and information systems of the company. I discussed the basics of them from the viewpoint of my organization. In the final chapter, which seems to be the project section, I discussed United Commercial Bank Limited's employee retention management. Furthermore, I individually write all the details and findings along with analyzing the data using SPSS software. Additionally, I gather and analyze data from numerous sources. Finally, I provided a conclusion and recommendations. To summarize, the paper, titled Determinants of Employee Retention at United Commercial Bank Limited, portrays an entire picture of UCBL employee retention management, activities, including in-depth analysis.