Analysis of labour turnover of the bankng industry in Singapore

An integrative turnover prediction model for investigating the determinants influencing the turnover intention of clerical bank employees in Singapore is proposed. To facilitate the data collection, a survey was conducted between August and October 1991. A total of 330 questionnaires was administ...

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Main Authors: Chong, William Kim Khong, Tan Siew Ngi, Tham, David Fook Thai
Other Authors: Koh Hian Chye
Format: Final Year Project (FYP)
Language:English
Published: 2015
Subjects:
Online Access:http://hdl.handle.net/10356/64375
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author Chong, William Kim Khong
Tan Siew Ngi
Tham, David Fook Thai
author2 Koh Hian Chye
author_facet Koh Hian Chye
Chong, William Kim Khong
Tan Siew Ngi
Tham, David Fook Thai
author_sort Chong, William Kim Khong
collection NTU
description An integrative turnover prediction model for investigating the determinants influencing the turnover intention of clerical bank employees in Singapore is proposed. To facilitate the data collection, a survey was conducted between August and October 1991. A total of 330 questionnaires was administered to the clerical employees of 11 randomly selected commercial banks in Singapore comprising 8 full-licence banks, 2 offshore-licence banks and 1 restricted-licence bank. The range of usable responses received was between 120 and 202 questionnaires, giving a usable response rate of between 36.36% and 61.21% . An array of statistical methods including descriptive statistics, t-:tests of significant differences, simple regression, stepwise regression and multiple regression were employed to analyze the data. 16 independent variables consisting of 6 demographic factors, 8 specific job satisfaction factors and 2 job attitude factors, were measured. The results are supportive of the existence of significant relationships between the set of independent variables presented in the modelling framework and intention to turnover, but the results do not support the hypothesis that all variables influence turnover behaviour. Preliminary uni-variate analyses reveal that 10 of the variables proposed are significantly related to the turnover intention of the subjects 'at a 0.10 level of significance. A multiple· regression on the 16 variables, however, isolated only 3 of these 10 variables as significant at a 0.10 level of significance. The results were confirmed through the use of the stepwise regression process and a final turnover prediction model, with a predictive power of 57.41% (R^2 = 0.5741), was developed from the following variables: (1) kind of work, (2) financial rewards, and (3) career future.
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spelling ntu-10356/643752023-05-19T05:41:41Z Analysis of labour turnover of the bankng industry in Singapore Chong, William Kim Khong Tan Siew Ngi Tham, David Fook Thai Koh Hian Chye Nanyang Business School DRNTU::Business An integrative turnover prediction model for investigating the determinants influencing the turnover intention of clerical bank employees in Singapore is proposed. To facilitate the data collection, a survey was conducted between August and October 1991. A total of 330 questionnaires was administered to the clerical employees of 11 randomly selected commercial banks in Singapore comprising 8 full-licence banks, 2 offshore-licence banks and 1 restricted-licence bank. The range of usable responses received was between 120 and 202 questionnaires, giving a usable response rate of between 36.36% and 61.21% . An array of statistical methods including descriptive statistics, t-:tests of significant differences, simple regression, stepwise regression and multiple regression were employed to analyze the data. 16 independent variables consisting of 6 demographic factors, 8 specific job satisfaction factors and 2 job attitude factors, were measured. The results are supportive of the existence of significant relationships between the set of independent variables presented in the modelling framework and intention to turnover, but the results do not support the hypothesis that all variables influence turnover behaviour. Preliminary uni-variate analyses reveal that 10 of the variables proposed are significantly related to the turnover intention of the subjects 'at a 0.10 level of significance. A multiple· regression on the 16 variables, however, isolated only 3 of these 10 variables as significant at a 0.10 level of significance. The results were confirmed through the use of the stepwise regression process and a final turnover prediction model, with a predictive power of 57.41% (R^2 = 0.5741), was developed from the following variables: (1) kind of work, (2) financial rewards, and (3) career future. BUSINESS 2015-05-26T05:49:45Z 2015-05-26T05:49:45Z 1992 1992 Final Year Project (FYP) http://hdl.handle.net/10356/64375 en Nanyang Technological University 181 p. application/pdf
spellingShingle DRNTU::Business
Chong, William Kim Khong
Tan Siew Ngi
Tham, David Fook Thai
Analysis of labour turnover of the bankng industry in Singapore
title Analysis of labour turnover of the bankng industry in Singapore
title_full Analysis of labour turnover of the bankng industry in Singapore
title_fullStr Analysis of labour turnover of the bankng industry in Singapore
title_full_unstemmed Analysis of labour turnover of the bankng industry in Singapore
title_short Analysis of labour turnover of the bankng industry in Singapore
title_sort analysis of labour turnover of the bankng industry in singapore
topic DRNTU::Business
url http://hdl.handle.net/10356/64375
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