Abstract

Author:
Zeena Marie Lozada Briones

Doi: 10.26480/mbmj.01.2023.45.48

This is an open access article distributed under the Creative Commons Attribution License CC BY 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

The post-pandemic situation has posed a challenge for Maritime recruitment agencies. It has been acknowledged that people are a significant source of competitive advantage. Organizations adopt numerous policies and procedures to retain their talented employees for a longer time. One of the most significant issues facing the maritime industry in the Philippines is a shortage of qualified personnel. There is a growing demand for Filipino seafarers worldwide, but there are not enough people with the necessary skills and qualifications to fill these positions. This has led to an increase in the number of resignations from Shipping Companies. This study aims to find out the reasons why employees leave the organization. The objective of the study is to determine retention strategies and promotion motivation of shipping companies. The research design used was a descriptive method utilized using a self-constructed questionnaire. A total of 18 respondents under a probationary period from 3 different shipping companies in Makati City participated in an interview survey. The data gathered from the respondents was analyzed using the ANOVA test. Results show that employees leave the organization because of the competitiveness of other companies when it comes to salary and in seeking better management relationships. The following retention strategies are followed by the companies; One Team, One Goal, and One Conversation. The following promotion motivations to retain their employees are practiced by the company: It is recommended that providing some great perks and a good work environment can help make employees stay.