An Analysis of Industry-Wise Employee Turnover and Its Consequences in Site Area Kotri: An ANOVA Approach
Keywords:
Industries, Manufacturing Organizations, Turnover, ConsequencesAbstract
This study explored and analyzed the industry-wise difference of employee turnover and its consequences/effects at manufacturing organizationssituated in Site area Kotri. The data were accumulated by semi-structured interviews, and a survey was conducted afterwardswith the use of closed-ended questionnaire — comprising 37 items. Industry-wise differences of turnover and its consequences were assessed with the help of ANOVA using SPSS 24.0. Industry-wise turnover rates were found to be high at Site area Kotri, but there was no significant difference in terms of Annual employee turnover rate (observed) across the industries selected for this study. Furthermore, three factors/consequences of turnover werefound to be significantly different across the industries, while six factors were not perceived to be different across the industries. The industry wise difference in terms of consequences of turnover implies that industries should developspecific strategies and policies for reducing turnover, though general policies may also be formulated and implemented.