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Abstract
In the recent environment every corporate leader faces the turnover intention problems. Every organization tries to minimize it and
accumulate their cost. The purpose of the study is to face the find out how job satisfaction, employees demographic and family
commitment consequence on the employees turnover intention. We conduct a research assessment with the target population layyah,
D.G.Khan and Rajn Pur and took 150 quantities of sample sizes. All the data are collected from respondent through the questionnaires.
For find out the research objective 26 different types of the questionnaires are distributed. By using of the SPSS-19 we revile the
reliability test, descriptive test and correlation analysis for measuring the relationship of the dependent variable and independent
variables. Finding of our research provide complete understanding and clearly indicate that there is association between the dependent
variable and independent variables. Finding and recommendation will help the manager for decline the turnover intention rate in the
banking sector.
Key Words: Banking, Punjab, Turnover, factors, performance of employees
1.
Introduction
Pakistans banking industry is facing stiff competition in terms of its customer base, deposits, advances, or even banc assurance (a third party insurance
project deployed through branch banking counters). More than twenty banks with over ten thousands branches around the country are striving for their
growth and ultimately for their profits. In this scenario the need of trained and vigilant human resource has gained increased attention of the HR Personnels.
This need can be fulfilled in two ways i.e. recruiting new human resource, or, retaining the existing human resource. Recruiting new human resource is
costly as well as time consuming activity. Employee, who is newly hired, requires time and space in order to understand the organizational culture, his
functional requirements, reporting setup etc. And retaining the existing human resource means decreasing the employee turnover which is a ratio comparison
of the total of personnel an organization must replace within a specified time span to the average number of total employees. Employee turnover is a
critical anxiety for many companies given a huge expenses linked with appealing and replacing HR capital (Goodwin et al., 2011).
Turnover is also problematic for the employee leaving over. Each day completed by an employee is an investment; to leave before the full term is to get no
return on the investment (Newaz et al., 2007). Leftover may lead to personal and social problems for individual employees after leaving the organizations
(Goodwin et al., 2011). Banks are struggling to lower their turnover rates. Some banks have experienced very high turnover rate in Pakistan which not only
affected the growth as well as profit efficiency. This issue brought to our attention to the point that why employee leave the banks? For the purpose we
extensively reviewed the available literature and reached the conclusion that intention to leave leads to actual turnover. Intentions are the most immediate
factors of behavior. Intent to withdraw is apersons own assessedlikelihood that they are foreverseparating themselves from the company in near future
(Schalkwayk et al., 2010). Sharafi et al. (2011) explain intent to leave as a conscious and deliberate willfulness to leave the organization in near future.
This scenario gained our attention to the factors which may cause to increase the employees intention to leave.
For the purpose, we again reviewed the available literature on employee turnover intentions and reached to the point that job engagement (Schalkwyk et. al,
2010), manager-worker relationship (Morrow, 2005), supervisory style (Newaz et al., 2007), work recognition (Newaz et al., 2007), personality
characteristics (Oyry et al., 2014; Layman W. Porter & Richard M. Steers, 1973), pay (Shukla & Sinha, 2013; Newaz et al., 2007), , satisfaction with
company policies (Newaz et al., 2007), better job availability in market (Newaz et al., 2007), work environment (Arshadi &Shahbazi, 2013), family (Sharafi
et al., 2011; Karatepe et al., 2005), stress (Shukla & Sinha, 2013), age (Porter &Steers, 1973), tenure of employment (Porter &Steers, 1973), and promotion
(Shukla & Sinha, 2013; Newaz et al., 2007) are the factors which are closely linked with employee turnover intentions. Each of A huge distress to many
companies employee turnover is expensive especially in lower paying jobs (Shukla & Sinha, 2013). Employee turnover is an important concern for many
organizations, given the huge costs linked with appealing and substitutinghuman capital (Goodwin et al., 2011).
1.1. Research question
Pakistani banks are striving hard to maintain its customer base in terms of deposits, advances, or even bank assurance (a third party insurance project
deployed through branch banking counters). In continuity to the efforts, every bank has to maintain its services quality which would have not made possible
without trained workforce. Thus maintaining and retaining the trained human resources has become a thriving phenomenon for the banks.
What is the basic reason for leaving the job especially in the banking sector?
1.2. Research objective
2.
Literature Review
Intentions are the most immediate factors of behavior. Intent to withdraw is a persons own assessed likelihood that they are forever separating themselves
from the company in near future (Schalkwayk et al., 2010).Sharafi et al. (2011) explains intent to leave as a conscious and deliberate willfulness to leave
the organization in near future. Intention to leave leads to actual turnover (Schalkwayk et al., 2010). Employee turnover which is a ratio comparison of the
total of personnel an organization must replace within a specified time span to the average number of total employees. Employee turnover is a critical
anxiety for many companies given a huge expenses linked with appealing and replacing HR capital (Goodwin et al., 2011). Turnover is also problematic for
the employee leaving over. Each day completed by an employee is an investment; to leave before the full term is to get no return on the investment
(Newaz et al., 2007). Leftover may lead to personal and social problems for individual employees after leaving the organizations (Goodwin et al., 2011). In
turnover progression everybody come only opinions out one aspect for their leftover choice but there are always more aspects behind that play as a driving
force for that aspect (Shukla &Sinha, 2013). Turnover is not a problem in itself, rather, its a symptom of one or many problems behind (Newaz et al., 2007).
Although there is no customary context for understanding employee leftover progression as a whole rather a widespread variety of aspects have been
identified as useful in understanding leftover intentions (Shukla &Sinha, 2013). Through previous researches, many factors have been identified that can
lead to turnover intentions. Job engagement (Schalkwyk, 2010), manager-worker relationship (Morrow, 2005), supervisory style (Newaz et al., 2007), work
recognition (Newaz et al., 2007), personality characteristics (Oyry et al., 2014; Porter & Steers, 1973), pay (Shukla & Sinha, 2013; Newaz et al., 2007), ,
satisfaction with company policies (Newaz et al., 2007), better job availability in market (Newaz et al., 2007), work environment (Arshadi &Shahbazi, 2013),
family (Sharafi et al., 2011; Karatepe et al., 2005), stress (Shukla & Sinha, 2013), age (Porter &Steers, 1973), tenure of employment (Porter &Steers, 1973),
and promotion (Shukla & Sinha, 2013; Newaz et al., 2007) were identified as major driving factors for employee turnover intentions. However, keeping in
view the Pakistans economic and banking environment we studied following factors in order to access branch banking employee turnover intentions.
www.paom.org.pk
29
Rashid Saeed, Syed Muzammal Hussain, Shumyla Nawazish Saadat Ali & Sadique Hussain
A role is a set of expectations about the conduct of a person having a certain position with-in a firm. Role ambiguity happens when the set of behavior
expected from a role is not clear (Muliawan et al. 2009) and vice versa is role clarity. Role states are correlated with job satisfaction (DeConinck et al., 2004).
Role overload is a type of person-role conflict.It is a perception that role work requirements are devastating related to givenresources. Role overload
includes time stress placed on those who are facing it (Jones et al. 2007). When people feel pressure, it is often demonstrated as negative experience about
work. Work pressure and turnover intentions are positively correlated; the higher the work pressure, the stronger the turnover intention (Chen et al., 2013).
Hypothesis
Hypothesis 1: Job Satisfaction has a negative relationship with turnover intentions.
30
3.
Research Methodology
For finding the purpose of the research survey consist on the primary data. The fundamental purpose of this research is to measure the relaionship among the
variables and check the hypothesis. Random sampling techniques are used in this research survey. The target population was layyah and Dera Ghazi Khan
and Rajn pur for the samples. This survey consists on the testing hypothesis like turnover employees, family conflict, demographic and job satisfaction.the
simple size of our research paper is 200 were distribute to the student employees and professional and get the response. All these questionnaires are filled
from the target cities. But 150 questionnaires are select for the further process because that was correct filled and put it itno the SPSS-19 and draw the
relaibility test for the further analysis. There are 26 different types of the questions relating with the employees turnover with the using of the three other
independent variables such as ( job satisfaction, employees demographic, employees commitment). All the data are collected from filling of questionnaires
which are developed having 5 questions on each variable. The questionnaire consist on the likert scale which have the 1 for strongly agree 2-agree, 3-neutral,
4 Disagree and 5- strongly Disagree. We collect the data from the target place by use of reference, diret mail, face to face meeting, spot filling , email and
source of friend. For the analysis of the data we draw the descirpative frequency test, raliability test and correlation analysis.
Reliability Statistics
Cronbach's Alpha
N of Items
.72
26
Gender
Age
Occupation
Qualification
Frequency
Percent
Valid
Male
105
70
70
Female
45
30
30
Under 25
40
26.5
26.5
25 40
65
43.5
43.5
Up to 40
45
30
30
Student
20
14
14
Professional
60
40
40
Employees
70
46
46
Up to secondary school
60
40
40
Higher education
90
60
60
There are 150 response are used for the collection of the data. There are 105 male which are the 70% of the total respondents and 45 respondents are belong
from the females categories. 26.5 % respondent belong to the age of the under 25 years. 43.5% respondents having the age of the 25 to 40 and there are only
30% respondent which have the age up to 40 years. There are 14 percent of the students which give the response of the questionnaires. Total of the 40 %
respondent belong professional categories of the different Business and banks. There are 46 percent of the employees of the banking sector which give the
response by use of the questionnaire. This research survey consists 40 % respondent which has the up to secondary school education and 60 % percent
respondents have higher qualification.
4.
This research consists on the five dependent and independent variables which are ( employees turnover, job satisfaction, employees demographic and family
commitments. For checking the relationship among the variables correlation test are draw.
JS_mean
JS_mean
Pearson Correlation
Sig. (2-tailed)
N
Correlations
ED_mean
1
-.437**
.000
120
120
FC_mean
.766**
.000
120
ET_mean
-.343**
.000
120
www.paom.org.pk
31
Rashid Saeed, Syed Muzammal Hussain, Shumyla Nawazish Saadat Ali & Sadique Hussain
ED_mean
Pearson Correlation
Sig. (2-tailed)
N
FC_mean
Pearson Correlation
Sig. (2-tailed)
N
ET_mean
Pearson Correlation
Sig. (2-tailed)
N
**. Correlation is significant at the 0.01 level (2-tailed).
.437**
.000
120
.766**
.000
120
-. 343**
.000
120
1
120
-.237**
.000
120
-.627**
.000
120
-.237**
.000
120
1
120
.412**
.000
120
-.627**
.000
120
.412**
.000
120
1
120
5.
The objective of the survey is to find the impact of the job satisfaction, employees demographic and employees commitment on dependent variables the
employees turnover intention as well as finding the model of this research. Study also identifies various types of the employees demographic characteristics
which have positive association with the employees turnover intentions. By seeing of the correlation analysis it is conclude that HR practices and consider
as the fundamental sources for retention of employees in the banking sector. It is also concluded that increasing the job satisfaction decline the turnover rate
and decreasing the job satisfaction enhance the employees turnover intention so bank manager should improve their practices for enhance the job satisfaction.
Bank manager should provide the better working environment to the employees, give the performance reward and should be provided the opportunities of
careers development. HR department must pay focus on the turnover rate continually and should also recognize the importance of employees because those
are major assets for the productivity. The result of the current study found employees demographic and commitment must be considered an important
component in relationship with the employees turnover intention. But especially in the banking sector manager should pay the intention on the other
characteristics like age, gender and employees commitment.
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