Mabiki,, Ellyjalia
(2017)
Factors Contributing to Labour Turnover in African Banking Corporation (BancABC) Tanzania.
Masters thesis, The Open University of Tanzania.
Abstract
The objective of this study is to elicit factors which contribute to Labour Turnover in African Banking Corporation (BancABC) Tanzania. To bring about these factors, the study used the quantitative and qualitative methodology where qualitative was used to facilitate patterns in the quantitative analysis. The questionnaires were also used as tools to get the primary data through purposive sampling where a number of representatives from specific units, levels and employment status were selected to represent the area of study. The findings observed that, the concerns regarding issues which lead to labour turnover are Job description, working environment, training which was agreed by 78% and a sense of job security by 56% of all staff showed they are not secured. In analysing the internal factors which contribute to turnover in BancABC the 12 ex-employees were interviewed where 8 of them suggested Salaries and career growth to require more attention. They suggested the organization to widen chance for career growth and provision of competitive compensations. On the examination of staff perception towards labour turnover objective staff are positive that the management was open and honest and this was agreed by 67% and its ability to solve administrative problems by 78% this means management is trusted. However,87% of staff will be shifting to other organizations if they get chances. The reasons for this are motivation and Rewards 64% and career growth 28%, job security 19%, work environment 17 while exposure and Teamwork getting the least at 4% and 3%
respectively
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