The Impact of Human Resource Management Practices on Employees Turnover in Banking Sector of Pakistan
Research has shown consistently that there are different factors which predicts turnover, so this study investigates that what factors, cause employees to leave one organization and join another. Second, to find out the significant impact of each variable on turnover. It is hypothesized that human resource management practices are negatively correlated with employee turnover. In this study multiple regression analyses will be run to test a model that included the above mentioned independent variables as predictors of intent to quit in banking sector. Six banks and a total of 120 respondents from these organizations participated in the designed scale. Findings show that realistic job information, job analysis, work family balance, …show more content…
The undesired loss of competent personnel is costly to an organization in both direct and indirect terms. Therefore Turnover reduction may be a goal for some employers to reduce replacement and training costs, increase productivity, lessen supervisory workload and stress, enhance customer service, or improve product quality.
Turnover also has some positive effects on the organization like it is the source of get rid of those employees who are unproductive and only increasing the cost. Turnover also provides a chance for entry of new brain with new ideas despite those