Employee retention is a key strategic issue in the pharmaceutical industry of Pakistan. Employer and employee both are affected with this serious problem. Current study was quantitative in nature and was conducted to measure the mediating influence of psychological capital between transformational leadership and employee retention. By using a simple convenient sampling technique, 255 questionnaires were acquired and data was analysed by smartPLS 2.0 statistical tool. Finding of the current study showed that transformational leadership positively and significantly effects employee retention and psychological capital played a successful role of mediator between the relationship. Discussion and limitation with future recommendation are further discussed.
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Published by Human Resource Management Academic Research Society (www.hrmars.com)
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