%0 Journal Article
%T The Relationship between Job Insecurity and Turnover Intention: The Mediating Role of Employee Morale and Psychological Strain
%A Eric Boakye
%J Scientific & Academic Publishing
%D 2020
%R 10.5923/j.mm.20201002.01
%X Economic instability and downturn mostly promulgate job insecurity leading to turnover intention. Savings and Loans companies in Ghana have recently had challenges in turnover which greatly affects their productivity. Owing to this, this study aims to investigate the relationship between job insecurity and turnover intention with the mediating mechanism  of psychological strain and employee morale. With 341 valid responses received through a structured questionnaire, hierarchical multiple regression was employed to validate the hypotheses. Based on empirical data from Ghana and drawing on social exchange theory the results show that, job insecurity positively and significantly influenced turnover intention. Moreover, employee morale as a motivator partially mediated job insecurity and turnover intention relationship. Also, psychological strain as a form of stress fully mediated the relationship between job insecurity and turnover intention. The policy recommendation is also discussed
%K Job insecurity
%K Turnover intention
%K Psychological strain
%K Employee morale
%K Savings and Loan Company
%U http://article.sapub.org/10.5923.j.mm.20201002.01.html