The cooperative industry plays a significant role in the delivery of electricity and new technology to rural America. The impact of rural electric cooperatives on the American economy is significant through the employment of 72,000 workers and returning $800 million in margins to members annually. The absence of literature regarding performance management among rural electric cooperatives in the United States is evident. This quantitative study examined three aspects of performance management and whether or not they enhance the financial performance of a rural electric cooperative and reduce employee turnover. The sample included the entire National Rural Electric Cooperative Association’s (NRECA) entire database of 831 rural electric cooperatives across America. Data from this sample revealed a surprisingly significant relationship between performance evaluations and increased employee turnover. Data analysis revealed no significant findings between the performance management system and pre-employment selection measures and financial performance. Research showing an increase in employee turnover related to employee evaluations among cooperatives may play a role in the decision to implement an employee evaluation process or not.
|School:||Saint Leo University|
|School Location:||United States -- Florida|
|Source:||DAI-A 80/08(E), Dissertation Abstracts International|
|Subjects:||Business administration, Management, Organizational behavior|
|Keywords:||Employee turnover, Performance evaluation, Performance management, Pre-employment selection measures, Profitability, Rural electric cooperative|
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