A Study on the Role of Perceived Support for Human Resource Development Practices in Employee Intention to Turnover

Abstract

Employee turnover and high recruitment costs are plaguing a problem for employee retention, which is one of the major challenges faced by the banking sector. This research examines the role of perceived support for HRD practices (PSHRD) on employee intention to turnover (IT) under the light of Organizational Support Theory (OST). It is found that PSHRD leads to substantial IT and enhances workforce stability through leadership training, mentoring, and performance-based rewards. This is especially true for sustainable HRD strategies in the banking sector in enhancing employee retention. Structured survey (using stratified random sampling of 453 private bank officers and managers in Islamabad and Rawalpindi) had been used to collect data. PSHRD and IT were measured by validated questionnaires with reliability and validity confirmed using Structural Equation Modeling (SEM) in Smart PLS 4. The paper sheds light on PSHRD’s contribution to retention, contributing to HRD literature. The future work should focus on long term HRD impact across the sectors and cultures. Turnover risk can be mitigated by continuous learning and career development.