FACTORS ASSOCIATED WITH EMPLOYEE TURNOVER INTENTION AT ASKU PLC, BURAYU, OROMIA, ETHIOPIA

Abstract

Human resource is the most important asset of the organizations upon which its existence depends. However, employee turnover critically affects emerging industries. A study conducted in Egypt in 2017 representing different local companies revealed that 45% and 35% of the employees had intended to leave their jobs within three and six months respectively. Asku plc is one of the beverage industries in Ethiopia experiencing critical turnover of employees. The aim of this study was to assess the intention of employee’s turnover in Asku plc, Burayu Town, Oromia, Ethiopia. The study was done using cross-sectional quantitative and qualitative methods on 90 employees. The primary data was collected using structured questionnaire and by interviewing top management for the period between April and May 2018. Descriptive statistics was used to organize and summarize the data. An exploration of factors associated with employees’ turnover intention was assessed using multiple logistic regression, and results were interpreted using Odds Ratio. Data was analyzed using SPSS V.22. The result showed that the employees’ turnover intention at Asku plc was 52%. Factors associated with employees’ turnover intention were: being age 26 years and above (95%CI=1.10, 16.09; p-value<0.05); being unmarried (95%CI= 0.001, 0.234; p-value<0.001); serving in Asku plc for more than one year (95%CI= 1.51, 15.93; p-value<0.01), lack of reasonable leaves provided by the company (95%CI:1.20, 5.96: p-value<0.02), uncomfortable working environment (95%CI=2.25, 29.03; p-value<0.01), and lack of enough training provided to the employees’ working position (95%CI= 1.14, 8.22, p-value<0.03).