Abstract:
ABSTRACT
Attrition or turnover may cost an organisation. Researchers have focused less
on turnover’s effects. The study examined how worker turnover affected Sinapi
Aba Savings and Loans Limited’s productivity. The study examined the causes
of employee turnover, organisational productivity, and the impact of staff
turnover on productivity. The study included explanatory, descriptive, and
quantitative research designs. The target population includes all 4 Sinapi Aba
Savings and Loans Limited branches’ workers. A census sample of 150
employees. Employees were asked about the study’s goals using a self administered questionnaire. Data was analysed using descriptive statistics and
regression. The results showed work and organisational factors drive Sinapi Aba
Savings and Loans Limited employees to depart for another business. Sinapi
Aba Savings and Loans Limited. has a reduction in organisational productivity,
missed deadlines, resource waste, service decline, high training costs, increased
work load, and overtime. Staff turnover caused a statistically significant but
moderate positive variance in organisational output. It is now concluded that job
factors and organisational factors of staff turnover are the are the factors that
causes employees of Sinapi Aba Savings and Loans Limited to leave for another
company. Also, it is now concluded that staff turnover has led to reduction in
organisational productivity. Management should improve employee working
conditions by providing a safe and healthy working environment with
contemporary office facilities and equipment. Also, numerous employee
benefits should be provided, including medical, travel, vacation, scholarship,
and pension benefits
