ANTECEDENTS OF EMPLOYEES’ TURNOVER INTENTION: THE CASE OF AWASH INSURANCE COMPANY S.C

Abstract

The organization under the study registered high employee turnover during recent years. This specific study tries to identify the antecedent of employee turnover intention in Awash Insurance Company. In doing so the study used both primary and secondary data sources and for the purpose of collecting data, it used different instruments which are questionnaires for Awash Insurance Company employees and standard interview for the human resource director and directorate staff. In order to analyze the collected data descriptive statics like frequency, percentage and mean was used and the finding of the study reveals that there is dissatisfaction with the monetary reward, promotion, job satisfaction, organizational justice and training. The most influential were monetary reward and promotion opportunity. Regarding the employee relationship respondents are satisfied with the current situation but if they feel there is no good employee relationship they will have the intention to leave the company. To sum up, Awash Insurance Company should work carefully with on salary increment, benefit package, fair treatment to all employees, advance training package and keep up the good work in employee relationship.