Factors influencing Employee Turnover Intention in Global Treasure Bank (GTB) in Yangon

The increasing number of employee turnover in Global Treasure Bank (GTB) poses a major concern for the management team as it is not only costly to recruit capable candidates but also affects organizational performance. As employee turnover intention is the best indicators for actual turnover, the main purpose of this research was to discover the factors influencing employee turnover intention in GTB bank. Stratified random sampling is used to determine sample size that is 90 employees working in 21 branches of GTB bank from different locations in Yangon. The primary data was collected from 90 employees through well-structure questionnaires that were taken from previous researches and measured with a 7-point Likert scales. All the collected data were analyzed using SPSS. According to multiple linear regression analysis, among four proposed factors, only two factors such as job stress and salary and benefits have significant impact on employee turnover intention while job stress is proved to be the major contributor to employee turnover intention. Job stress has a significant positive impact while salary and benefits have a significant negative impact on turnover intention. However, career growth and work environment have insignificant impact on turnover intention of employees of GTB bank in Yangon.