ORGANISATIONAL RESTRUCTURING AND TURNOVER INTENTION AMONG BANK EMPLOYEES IN NIGERIA

  • Type: Project
  • Department: Sociology
  • Project ID: SOC0366
  • Access Fee: ₦5,000 ($14)
  • Pages: 144 Pages
  • Format: Microsoft Word
  • Views: 813
  • Report This work

For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

ABSTRACT

Studies on organisations have focused on restructuring as strategic response to increased competitive pressure of globalization and the need to be more efficient. The effectiveness of restructuring depends on the influence of work attitude and behaviour (Job Satisfaction (JS), Organisational Commitment (OC) and Turnover Intention (TI)) of surviving employees which had been inadequately studied in Nigeria‟s banking sector. This study was conducted to examine organisational restructuring and labour turnover intention in selected banks in Nigeria.

Survey design was adopted and a synthesis of organisational change and planned behaviour theories provided the conceptual framework. Three banks were purposively selected. The banks were United Bank for Africa (UBA) (which change her management and promotion structure, software and operational system after merger), Unity Bank (UB) (which downsized after merger of nine banks), and Mainstreet Bank Plc (MB) (which laid off staff after acquisition of two other banks). A structured questionnaire was used to obtain data on socio-demographic characteristics, perception on restructuring, JS, OC and TI and administered to 400 respondents. Cochran‟s sample size was used to select respondents across branches of the banks in Ibadan on the basis of proportionate random sampling technique (UBA 280, UB 55, MB 65). The levels of JS, OC and TI each were measured with 5-point Likert scale with 20-item categorized as low (≤33), moderate (34- 66) and high (> 66). Twenty-one in-depth interviews (IDI) were conducted among the staff in each of the banks across cadres (management, senior and junior).Quantitative data were analysed using descriptive statistics and Chi-square test at p≤ 0.05, while qualitative data were content analysed. Respondents‟ age was 34.7±6.2 years. 51.0% are males, 50.3% are single, 85.1% had tertiary education, 51.0% earned N35, 000 and above monthly. Also, 52.4% of the respondents from UBA, 58.3% (UB) and 61.6% (MB) perceived restructuring as good. Respondents (76.5% in UBA< 72.7% in UB and 55.4% in MB) agreed that restructuring positively affected technology, status, workload, income and morale.

Respondents from UBA (52.4%), UB (58.7%) and MB (58.3%) who perceived restructuring as good had low, moderate and low TI respectively. Respondents in UBA (51.5%), UB (87.5%) and MB (92.9%0 with high JS had high OC. Respondents in UBA (19.6%), UB (36.7%) and MB (71.4%) with high OC had low TI. Respondents in UBA (17.6%), UB (43.8%) and MB (64.3%) with high Js had low TI. Age (X 2 =23.38), sex (X 2 =29.00), educational level (X 2 =25.67), marital status (X 2 =28.09), working experience (X 2 =132.12), and bank (X 2 =32.97) were all positively associated with TI. Findings from the IDI supported employees‟ perception that restructuring influence intention to leave irrespective of cadre.

Employees‟ perception of organisational restructuring positively influenced commitment, job satisfaction and turnover intention. Management of banks should provide adequate support system to reduce employees‟ turnover intention as banking sector continues to undergo restructuring.

Keywords: Organisational restructuring, Job satisfaction, Employee turnover intention.

ORGANISATIONAL RESTRUCTURING AND TURNOVER INTENTION AMONG BANK EMPLOYEES IN NIGERIA
For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

Share This
  • Type: Project
  • Department: Sociology
  • Project ID: SOC0366
  • Access Fee: ₦5,000 ($14)
  • Pages: 144 Pages
  • Format: Microsoft Word
  • Views: 813
Payment Instruction
Bank payment for Nigerians, Make a payment of ₦ 5,000 to

Bank GTBANK
gtbank
Account Name Obiaks Business Venture
Account Number 0211074565

Bitcoin: Make a payment of 0.0005 to

Bitcoin(Btc)

btc wallet
Copy to clipboard Copy text

500
Leave a comment...

    Details

    Type Project
    Department Sociology
    Project ID SOC0366
    Fee ₦5,000 ($14)
    No of Pages 144 Pages
    Format Microsoft Word

    Related Works

    ABSTRACT This research work examined Human Resources Management Practices as Determinant of Job Satisfaction and Turnover Intention among Employees’ of Dataflex Nigeria Limited. The specific objectives were to examine the impact of performance appraisal on employee job satisfaction in Dataflex Nigeria Limited, to investigate the significant... Continue Reading
    ABSTRACT This research work examined Human Resources Management Practices as Determinant of Job Satisfaction and Turnover Intention among Employees’ of Dataflex Nigeria Limited. The specific objectives were to examine the impact of performance appraisal on employee job satisfaction in Dataflex Nigeria Limited, to investigate the significant... Continue Reading
    ABSTRACT The importance of employees in every organization cannot be over-emphasized. Hence this study focused on Job Satisfaction and Employee’s Job Turnover Intention. The study was carried out in order to find out the relationship between Job Satisfaction and Employee’s Job Turnover... Continue Reading
    ABSTRACT The purpose of the study was to investigate the influence motivation has on teachers’ work  performance and turnover intentions at Ohwimase M/A Basic ‘B’ School, with the view of  revealing the importance of motivating teachers in gearing towards good work performance  and improvement in pupils’ achievement.  The study... Continue Reading
    ABSTRACT The purpose of the study was to investigate the influence motivation has on teachers’ work performance and turnover intentions at Ohwimase M/A Basic ‘B’ School, with the view of revealing the importance of motivating teachers in gearing towards good work performance and improvement in pupils’ achievement. The study employed... Continue Reading
    Executive Summary Managing human resources and organizational structures in every organization is vital in increasing productivity and overall performance. This project was undertaken to aid Atala Limited in managing its administrative tasks as well managing prospective recruits. After a needs assessment conducted via interviews, observation and... Continue Reading
    ABSTRACT   “Employee Turnover” as a term is widely used in business circles. Although several studies have been conducted on this topic, most of the researchers focuses on the causes of employees’ turnover, but little has been done on the examining the sources of turnover, effects and advising various strategies which can be used by... Continue Reading
    ABSTRACT   “Employee Turnover” as a term is widely used in business circles. Although several studies have been conducted on this topic, most of the researchers focuses on the causes of employees’ turnover, but little has been done on the examining the sources of turnover, effects and advising various strategies which can be used by... Continue Reading
    ABSTRACT Employees' turnover poses a recurrent challenge to most business organization globally. There is virtually no organization that is immune to employees' turnover; be its small size or big size organizations; they are all exposed to employees' turnover. Although it may not be feasible for any organization to totally eliminate employees'... Continue Reading
    (A CASE STUDY OF NIGERIAN BOTTLING COMPANY PLC, 9TH MILE ENUGU) CHAPTER ONE   INTRODUCTON 1.1            BACKGROUND OF STUDY Every organization has human resources as part of its resources. The organization  cannot function without  people working... Continue Reading
    Call Us
    Get this work
    whatsappWhatsApp Us