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The IUP Journal of Organizational Behavior

Employee Engagement, Job Performance, Turnover Intention and Workplace Culture: A Comparative Study of Private and Public Sector Banks in Chhattisgarh

Article Details

Pub. Date	: April, 2022
Product Name	: The IUP Journal of Organizational Behavior
Product Type	: Article
Product Code	: IJOB060422
Author Name	: Vijaya Lakshmi Rakatu, Ashok Kumar Chandra and Mahesh Kumar Soma
Availability	: YES
Subject/Domain	: Arts & Humanities
Download Format	: PDF Format
No. of Pages	: 24

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Abstract

Employee turnover is a major issue that many businesses are dealing with these days. Turnover is not only expensive for the company, but it also leads to lower productivity. Organizations in emerging countries like India, which were formerly thought to have the most stable staff, are experiencing huge turnover difficulties. Banks are transforming their work circumstances as a result of globalization, with the staff performing a variety of responsibilities. Employee engagement, job performance, turnover intention, and workplace culture of employees in public and private sector banks in Chhattisgarh are investigated in this paper. A structured questionnaire was used to collect data from 412 respondents in chosen cities in Chhattisgarh. Based on the results of Student's t-test, two-way ANOVA, and correlation, it was found that employees of public sector banks scored significantly higher than those of private sector banks in terms of perceived workplace culture and they had greater levels of workplace culture and job performance.

Introduction

According to Valene and Mia (2020), one of the most significant keys to building a successful firm is employee engagement. Motivating employee participation, according to their assessment, is difficult: only 15% of employees worldwide are engaged in their jobs. Retaining great employees in today's fast-changing corporate environment may be a major challenge for many companies. According to the "battle for talent" paradigm,