Abstract:
Research dictates that the number of employees that retire from their job before reaching the
stage of career plateauing are only 1% of the total employees joining the organizations. Through
various studies it is being estimated that the number of employees that perceive that they are
being career plateaued will increase in the future because the competition among the employees
in the organizations is increasing day by day and the qualification and skills of the employees is
increasing day by day and the job positions for which employees are competing are reducing day
by day. It is being perceived that after 30 years from now the employees working in
organizations will perceive them to be career plateaued faster than today and this ration will be
increasing at a huge rate. Despite of the fact that career plateauing is a naturally accruing
process and there are large number of employees now a days that are plateaued, career
plateauing still creates disturbance among employees.
It is estimated that nearly 80% of the work done in the organizations is performed by the
employees who are career plateaued, it would be more of a benefit to understand that whether
these plateaued employees wants to be with the organization despite of the fact that they are
plateaued. This also shows that there is a huge amount of workforce in the organizations that are
career plateaued so this study will be very beneficial for the organizations. This research will
affect the organization understanding about the term career plateauing and how they will affect
individual and organization in better way.
The foundation of this study is to find out the reasons for the career plateauing and what affect
this career plateauing will have on the turnover of the employees and how this career plateauing
will affect the turnover variability. Quantitative research is conducted through formulated
questionnaire and then the data collected was analyzed through SPSS which is statistical data
analyzing software.
Sample size of 300 is selected from a huge population and then data is collected from these 300
people through survey. The respondents from whom the data is collected are divided on the basis
of different demographic factors like age, gender, tenure on the job and education level.
Our maximum respondents are male and are from the age group of 30 to 35. Maximum
respondents had tenure of 3 to 5 year and mostly had a master’s degree. Regression, correlation
and ANOVA tests were applied on the data to test the hypothesis.
Results showed that career plateauing is positively related to the turnover which means that
greater the turnover greater will be the turnover. The study also showed that if the job
satisfaction and commitment of the employees is increased by giving the employees better
incentives and friendly environment the effect of career plateauing will be reduced. Similarly if
job search behavior and turnover intentions of the employees are higher that it will increase the
turnover of the employees. This turnover can be both voluntarily or forced termination or
dismissals.
Finally the study concluded that organizations should show their concern about the career
plateauing and should take measures to reduce the affect of career plateauing if they want to be
successful.