Impact of Employee Turnover on Sustainable Growth of Organization in Computer Graphics Sector of Karachi, Pakistan
Fahad Abdali Director, South Asian Resources Group, Karachi – Pakistan
The overall purpose of this study was to find out the effect of employee turnover on sustainable growth of organization in computer graphics sector of Karachi, Pakistan. This study specifically finds out the main causes and ground realities of the problem of employee turnover on sustainable growth of organization. The study could be of help in reviewing the relevant policies of similar organizations with regard to their human resources. Keywords: Employee turnover, organizational performance, impact of employee turnover, sustainable growth.
The term “turnover” is defined by Price (1977) as: “The ratio of the employees of organization who left in a particular period of time with the average number of employees in that organization during the same period of time”.
According to Currivan (1999), “Turnover is a behavior which describes the process of leaving or replacing employees in an organization”.
Agnes (1999) defined turnover as “It is the ratio of number of workers that had to be replaced in a given time period to the average numbers of workers”.
Afro Asian Journal of Social Sciences Volume 2, No. 2.4 Quarter IV 2011 ISSN 2229 - 5313
Turnover has considerable impact on an organization performance as it should be properly addressed and measured. In a survey conducted by Chartered Institute of Personnel and Development (CIPD) in 2005, different responses towards turnover were revealed as follows: -
52 % of the respondents felt that labor turnover had a minor negative effect on organizational performance. 21 % stated that there was no effect. 17 % stated that a serious negative effect. And 9 % that there was a positive effect.