Antecedents and Consequences of Employee Attrition: A Review of Literature
25 Pages Posted: 16 Nov 2016
Date Written: November 12, 2016
Abstract
In a today’s competitive and turbulent environment, human resources are the most vital asset for any kind of organization. For those organizations, employers, it is very important to monitor the volume of employees who leave the organization and how this factor influences the organization both positively and negatively. Different scholars have conducted studies dealing about what makes employees leave their organizations and what costs would the organizations incur due to high level of turnover. But, none/few of them dealt about employee attrition’s potential benefits. This term paper shed some light on the literature and identifies the antecedents of intention to leave and consequences of employees’ turnover. The paper proposes two theoretical frameworks that show the variables that explain the phenomenon of turnover intention and consequences of employee turnover.
Keywords: Antecedents, Direct costs, Indirect costs, Employee attrition (turnover)
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