Employee Turnover Intention in Some Selected Commercial Banks in Bangladesh: An Application of Multiple Linear Regression Model

The modern business world is rapidly changing and has been characterized by limited and scarce labor market which is highly dynamic and consumer centric. As a result, a severe competition exists among the organizations that face a big challenge to formulate strategies that will help them use competencies and talent possessed by their human resources. The main objective study is to find out the factors influencing employee turnover in bank employees in Bangladesh. The primary data have been collected through a questionnaire survey with a sample of 125 respondents taken from five banks. The analysis of the primary data focused on OLS method which revealed reward, career growth, job security and compensation package to significantly influence turnover intention among the bank employees. Towards the end, the researchers provided some suggestions to reduce turnover intention among the employees