Effects of High Labour Turnover on Organisational Performance in Mining Support Companies in Ghana: The Case of Engineers and Planners Co. Ltd., Tarkwa Site

Abstract

The study investigated the factors causing high labor turnover in mining support companies in Ghana using Engineers and Planners (E&P) Co. Ltd., Tarkwa site as the case study Organization. The study adopted a quantitative research design and simple random sampling techniques and collected data from 384 respondents using questionnaire as the data collection instrument. SPSS analytical tool was used to perform the data analysis and presentation of results were done using statistical tables, charts, and inferential analysis. The correlation analysis reveals a significant negative relationship between labor turnover and organizational performance. The regression analysis further shows that labor turnover predicted approximately 24.4% of the change in organizational performance. With a positive and significant relationship between labout turnover and organisational, the findings is undetermined but underscore the importance of addressing organizational, personal, and performance-related factors to mitigate turnover and enhance employee retention. The study recommends that, it is important to implement measures that enhance job security, as respondents strongly agreed that adequate job security reduces turnover. Future researchers can also investigate the relationship between employee assertiveness and job security. This could also provide valuable insights, as respondents moderately agreed that being assertive at meetings makes them feel unsafe on the job.