Assessment of Professional Employee Turnover and Its Management
The Case of National Bank of Ethiopia
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Employee turnover affects employees by experience interruption, the need to learn new jobspecific skills and find different career prospects and; the turnover also affect the employer by exposing for additional costs of recruitment, training of new workers and the loss of jobs-specific skills. Employees are main sources for organizations in meeting organizational objectives. If the company determines the most common causes of employee turnover and the existing staff intention to turnover, it would certainly be able to take the necessary steps for retaining of qualified and experienced personne...
Employee turnover affects employees by experience interruption, the need to learn new jobspecific skills and find different career prospects and; the turnover also affect the employer by exposing for additional costs of recruitment, training of new workers and the loss of jobs-specific skills. Employees are main sources for organizations in meeting organizational objectives. If the company determines the most common causes of employee turnover and the existing staff intention to turnover, it would certainly be able to take the necessary steps for retaining of qualified and experienced personnel. Having this in mind, this study has been employed to asses and describes factors that contributed to the turnover intention of the NBE's professional staffs; investigate the existence of turnover intention and the bank's practice in managing the turnover. To conduct this study, a descriptive survey research method was employed to explore and describe the major factors that affect turnoverof professional employees. The data collection also has been taken through primary and secondary data collection method.
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