Abstract:
Purpose:
The basic purpose of this study was to find out the causes of high turnover rate in Pakistan
commercial banking sector.
Methodology':
A survey was conducted through a questionnaire to collect necessary data from the employees who
are currently working in Pakistan private banks. After obtaining views of employees’, the data was
analyzed by using the chi-square and correlation tools with the help of SPSS.
Findings:
It has been found that the employee’s turnover is a very serious problem for the commercial banking
sectors of Pakistan. The main causes are low salary and benefit package, poor working environment
and lack of managerial support.
Practical Implication:
This study will help in understanding the causes of high turnover rate and will enable them to take
appropriate measures to reduce the turnover rate.