Determinants of Employee Turnover A Survey of Employee Intentions Trend in Urban Societies of the Region

The banking sector in the south Asian region has witnessed considerable turnover rate with the turn of millennium and simultaneously generating plenty of attractive job opportunities springing up in external markets for the employees. Every organization makes all efforts to retain its valuable workforce to lead and sustain in the trade market and prosper in the corporate world. The focus of this research paper was to identify the motives and the determinants of increasing rate of employee turnover. This would further lead to their work relationships that unfold their aims and intentions that materialize them motivates in switching jobs. The prime focus of this research paper was the urban society of the region and highlights the determinants and reasons behind that increase the rate of turnover. The determinants discussed in the research study include employee-boss relations, job satisfaction, organizational commitment, gender discrimination and the apparent job opportunities. The primary as well secondary sources of research were used to gather the information. Primary research includes the survey questionnaires which were prepared to gather factual data for the purpose. The simple random sampling method which is a type of probability sampling method was used to select the sample from the different leading Banks of the urban areas of Karachi. The study has found strong positive correlation between the employeeboss relations and employee turnover. The secondary determinants such as, job contentment and job commitment show modest and pessimistic relationship in employee turnover while lucrative job opportunities have strong positive and direct correlation with employee turnover.