Factors Affecting Employee Turn Over Intention: In Case Of Some Selected Oromia Bank’s Under West Finfine District

Abstract

This study was conducted at some selected of Oromia Bank, branches under West Finfine District on the issues of Factors affecting employees Turnover intention within the purposes of evaluating the effect of intrinsic and extrinsic factors on employees turnover intention and to inspect the organizations strategy to prevent employees turnover. Both descriptive and explanatory research design and quantitative and qualitative also employed rather than using a single one. The target population of this study were the selected bank branches managers, senior officers, senior supervisors and coordinators. Additionally, their sample sizes determined by simple random sampling technics. The primary and secondary data were collected through interviews and questionnaires. Finally, the collected data were analyzed by statistical package for social science version 26 and presented in mean and standard deviation. According to the descriptive data analysis result indicated that majority of the intrinsic and extrinsic factors affecting employee’s turnover in the study area. The regression results shows that recognition, achievement and work conditions are positively affecting Turnover intention and statistically insignificant. Growth, compensations, co worker, policies and job status negatively affecting Turnover intention and statistically significant. The researcher recommended that all of the selected bank management team and Board of directors should design the strategies in order to decreasing the bank employee’s turnover intention through conducting the necessary researches