The relationship of work-related and demographic factors to turnover intent of the accounting knowledge workforce: A study on the selected public accounting firms in Metro Manila

• Main Authors: Gaw, Joylynn Lorraine C., Ng, Joanna Kathleen B., Que, Katrina Soleil S., Sy, Lindsay Ailie L.
• Format: text
• Language: English
• Published: Animo Repository 2007
• Subjects: Accounting firms > Philippines; Accountants > Philippines; Accounting
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/14143
• Institution: De La Salle University

For many auditing firms, high turnover rates have always been an issues. At the same times, the very subject of employee turnover is a concern is a concern in managerial accounting, particularly in human resources management since it concerns cost of turnover as well as other costs associated with promoting employee commitment. With all these, the researchers find it worthwhile to study the different influences on employee turnover. In order to gather the necessary data, questionaires were given out to five different public accounting firms in Metro Manila, all of which belong to the SEC accredited class A auditing firms. For the work-related factors, the regression analysis shows that affective, continuance and normative commitment, as well as skill variety, task identification, autonomy and feedback, are significant in affecting a worker's turnover intent. With the exception of feedback, all of the work-related variables prove to have a negative relationship with turnover intent. Meanwhile, the descriptive statistics analysis shows that characteristics such as being older, married, head of the family, with dependents and employed longer in their (respondents) respective firms, are strong determinants that would lessen the tendency of a worker to turnnover. Such invaluable findings can contribute to the existing body of literature and could be utilized in future management accounting studies. The ultimate goal is to promote suitable and comportable working conditions for a worker and its environment that would be beneficial for both the employees themselves and the management.