IMPACT OF EMPLOYEES’ JOB INSECURITY AND EMPLOYEE TURNOVER ON ORGANISATIONAL PERFORMANCE IN PRIVATE AND PUBLIC SECTOR ORGANISATIONS
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Date
2018-08-01
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Publisher
Sciendo
Abstract
Layoffs and alternative staffing seem to be a phenomenon in many workplaces, many
employees seem uncertain of their continuing in their job as a result of threats that they face on
the job which could lead to job loss, and these call for concern. This paper therefore examines
some of the factors responsible for job insecurity and employee turnover and the attendant
effects of job insecurity on organisation. The study investigates the relationship between job
insecurity and organisation performance, as well as relationship between job insecurity and
employee turnover. Self-developed structured questionnaire titled ‘Job Insecurity, Organisation
Performance and Employee Turnover’ (JIOPET) was used as the instrument to collect data from
one hundred and twenty randomly selected respondents from organised private sector (financial
institutions) in Akure and public sector (state secretariat) in Ibadan, Nigeria. The data were
analysed and the two hypotheses drawn up for the study were tested using Pearson Product-
Moment Correlation. The findings establish that job insecurity negatively affect organisation
performance and induce employee turnover. It is recommended that organisation policy makers
should diligently address the factors that contribute to job insecurity, have training policy and
train employees as work procedures are becoming more dynamic with new technologies
Description
Staff Publication
Keywords
Job Insecurity,, Employee,, Employee Turnover,, Organisational Performance
Citation
Abolade, D. A. (2018). Impact of Employees’ Job Insecurity and Employee Turnover on Organisational Performance in Private and Public Sector Organisations. Studies in Business and Economics, 13(2), 5–19. doi:10.2478/sbe-2018-0016