An Analysis of Factors that Have an Impact on Employee Turnover Rate

Noshin Sharmili

Abstract: Purpose: To define the features that stimulate employees? turnover rate. Design / methodology / approach: Descriptive research model and Secondary research were used to build the model of employee turnover factors. An organized survey form was employed to collect information and examine the model. Respondents were also selected randomly for the sampling purposes. The model was also assessed by factor analysis and multiple regressions. Findings: The regression model demonstrated that employees? turnover rate was affected by work environment, work - life balance and peers and colleagues substantially. Research limitations / implications: one of the major limitations of this research paper is that sample size was low since there was a time constraint for conducting our research. Furthermore, all the respondents were from Bangladesh only. Even, using real data were forbidden in certain areas due to confidentiality.

Keywords: Employee, Turnover, Work - Life Balance, Peers, Salary, Work Culture and Work Environment