The Influence of Job Insecurity on Turnover Intention Among Bank Employees in Benue State

Abstract

The study examined perceived job insecurity on turnover intention among bank employees in Benue State. The sample size of 348 participants made up of 195(44.56%) males and 153(44.4%) females with ages ranging from 31 – 40 years participated in the study. The study employed a cross sectional survey design and participants were drawn from commercial bank employees using purposive sampling technique. Standardized psychological instrument on Job Insecurity Scale (JIS) and Turnover Intention Scale (TIS) were used for the study. Data were collected and analyzed using simple linear regression to test the hypotheses. The results revealed that job insecurity predicted turnover intention at (R=0.657, R2=0.432, F=37.247, P<0.001). This implies that 1% increase in job insecurity will lead 43.2% increase in turnover intention of bank employees in Benue state. That is, when Job insecurity increases, turnover intention also increases in a positive direction. The study concludes that job insecurity influences turnover intention of bank employees. The study recommends that management should reduce the high targets given to bank workers to meet up within a period of time and adopt a shift system to ease the employees from fatigue.