DETERMINANTS OF MOTIVATION EFFECTING EMPLOYEE TURNOVER IN BANKING SECTOR OF PAKISTAN

Abstract

The implied debate relatingto turnover and its factors may be old but the present study takes a new path towards the understanding of turnover by employees. Pakistan Bankingindustry passed through its great time period in the last decade but along aside they encountered with much turnover unexpectedly. Motivation is an important concept that considers the working backbone of the performance of employees to become loyal and satisfy with their jobs. The basic purpose at the backend for the conduction of the study is to enquire the effect of motivation on employee’s turnover in the banking sector of Pakistan. Banking sector is selected due to the versatility of skills, hectic and strict duty hours of employees, for this purposepayment recognition, promotion, job satisfaction and benefits are taken as independent variables, dependent variable is employee’s turnover in banking sector of Pakistan. In this studyclose ended questionnaire are selected as tool of data collection and sample size is 200 Employeesof banking sector, data is collected fromSahiwal and Okara for the investigation of the study