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An Empirical Study of Job-Hopping Intention among Private Banking Employees with Reference to Income Group

Author(s) Reetu Parmar
Country India
Abstract Employee mobility has become an important concern in the private banking sector, where compensation expectations, career opportunities and work conditions often shape employees’ intention to remain with or leave an organisation. This study examines job-hopping intention among private banking employees with specific reference to the income group. The objective is to assess the influence of income group on job-hopping intention among employees working in the banking sector. A quantitative research approach was adopted, and primary data were collected from 264 private banking employees through a structured questionnaire. Job-hopping intention was measured using ten Likert scale statements, and the internal consistency of the instrument was confirmed through Cronbach’s alpha of 0.91. Descriptive statistics and one-way ANOVA were used for analysis. The findings show a decreasing pattern in job-hopping intention as income level increases, with the highest mean score among employees earning up to Rs. 25,000 and the lowest among those earning above Rs. 75,000. The ANOVA result confirmed a significant difference across income groups, F(3, 260) = 22.30, p < .001. The study highlights the relevance of income-based differences in understanding employee retention concerns within private banking institutions.
Keywords Employee mobility; Turnover intention; Compensation perception; Private sector banks; Retention behaviour.
Published In Volume 3, Issue 7, July 2022
Published On 2022-07-08
DOI https://doi.org/10.70528/IJLRP.v3.i7.2158
Short DOI https://doi.org/hb426f
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