EVALUATING THE IMPACT OF ANTECEDENTS ON EMPLOYEE TURNOVER IN THE BANKING SECTOR OF PAKISTAN

Abstract

Previous researches has rarely examined the relation between employees’ practices of HRM, organizational culture, work-life balance and turnover intention among other factors in developing countries like Pakistan. This has created a huge academic and research vacuum which needs to be addressed through greater attention and more research inputs in management studies. This research aimed at unraveling the intricacies of employee turnover within the banking sector to inform evidence-based interventions and foster organizational sustainability. Quantitative methodology has been adopted for this research and data collected through purposive sampling. According to results obtained through Smart PLS SEM, All three hypotheses have been supported by the SEM model. The relation between employee retention and organization’s culture is indeed true. Additionally, the study also showed support for the relationship between work life balance and intention to stay. HRM Practices was identified as a major influence.