- September 23, 2019
- Posted by: RSIS
- Categories: IJRISS, Social Science
International Journal of Research and Innovation in Social Science (IJRISS) | Volume III, Issue IX, September 2019 | ISSN 2454–6186
Factors Impact on Employee Turnover with Special Reference to the Apparel Industry in Sri Lanka
A.G.N.K. Fernando
Department of Management Sciences,Uva Wellassa University, Badulla, Sri Lanka
Abstract-Employee turnover is identified as the one of the critical issues faced by the apparel industry in Sri Lanka. Thus, diminishing the turnover is more dynamic since apparel sector is the main employment and the main foreign exchange earner in the country. This study empirically evaluated the impact of four variables on the employee turnover with special reference to the non-executive carder employees in Apparel industry in Sri Lanka. The sample consisted of hundred and fifty non-executive level employees working in the apparel sector and the data were gathered by using self-administering questionnaires. The analysis exposes that working conditions, compensation, employee personal growth and career development implies negative relationship with the employee turnover. Thus there is positive relationship between work life stress and employee turnover. The study results will be beneficial for the apparel business to take suitable approaches to create the present context to formulate strategies to reduce the turnover of the employees in the organization.
Key words: Employee Turnover, Work Life Stress, Working Environment, Compensation, Personal Growth, Career development
I. INTRODUCTION
Human Resource Management (HRM) is a distinctive approach to employment management which seeks to achieve competitive advantage through the strategic development of a highly committed and capable workforce, using an array of cultural, structural and personal techniques (Storey, 1995). An organization unable to achieve success and the sustainable growth without having a good and talented human resource. The success of the organization comes from the skilled and unique employees who are able to satisfy their customer needs and wants in a different way from their competitors. But retention of this possible best human resource has been identified as a critical challenge in today’s competitive employment environment. When consider about the apparel industry it provides faire remuneration packages as well as other benefits than the other industries but still their absenteeism and turnover recorded in a high level. Therefore, employee turnover in the garment manufacturing field has become an important area of research from both theoretical and practical aspects. It is important from a theoretical perspective, in understanding how the underlying causes of turnover can provide insights on how to control the prevailing problem, where the actual problems lie and what are the areas need to be addressed.