International Journal of Economics and Business Administration
Articles Information
International Journal of Economics and Business Administration, Vol.2, No.4, Jul. 2016, Pub. Date: Jun. 1, 2016
Employee Satisfaction and Its Impact on Job Turnover
Pages: 21-26 Views: 679 Downloads: 700
Authors
[01] Zain-Ul-Aabdeen , Hailey College of Commerce, University of the Punjab, Lahore, Pakistan.
[02] Mula Nazar Khan, Hailey College of Commerce, University of the Punjab, Lahore, Pakistan.
[03] Muhammad Tahir, Hailey College of Commerce, University of the Punjab, Lahore, Pakistan.
[04] Muhammad Salman, Hailey College of Commerce, University of the Punjab, Lahore, Pakistan.
[05] Hafiz Gohar Mehmood Khan, Hailey College of Commerce, University of the Punjab, Lahore, Pakistan.
[06] Kashif Ali, Hailey College of Commerce, University of the Punjab, Lahore, Pakistan.
Abstract
The purpose of the study was to explore the impact of employee satisfaction on his/her intent to leave the organization. A questionnaire was developed having 22 items, blocked separately, which were tapping relevant concepts. ‘Employee satisfaction’ was tapped through employee empowerment, workplace environment and pay and promotion, which were collectively tapping the concept of job turnover. Mostly banks were targeted to collect the data, but, some other job holders were also asked to fill the questionnaire. Analyses which have mainly been run on the data were Correlation Analysis and Regression Analysis. A Multiple Regression Model was used for this purpose. The analyses clearly show that there is a positive significant relationship between all the variables. Employee empowerment, workplace environment, pay and promotion and employee satisfaction were significantly affecting job turnover. The study will help the executives/owners to better understand their employee’s needs and desires that might be fulfilled to make them loyal to the organization and finally they will not leave it. Mostly banks were targeted, other companies and firms might also be targeted to know better results. Mostly lower level staff was asked for response, while middle level and some of the high level staff can also be targeted for further study. Female respondents were very low in quantities.
Keywords
Employee Empowerment, Employee Satisfaction, Impact on Job Turnover, Pay and Promotion, Workplace Environment
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