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Risky business : the role of risk in voluntary turnover decisions
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Allen, David G., Renn, Robert W., Moffitt, Karen R. and Vardaman, James Michael (2007) Risky business : the role of risk in voluntary turnover decisions. Human Resource Management Review, Volume 17 (Number 3). pp. 305-318. doi:10.1016/j.hrmr.2007.07.001 ISSN 1053-4822.
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Official URL: http://dx.doi.org/10.1016/j.hrmr.2007.07.001
Abstract
One aspect of turnover decision-making that turnover models have not adequately considered is the risk associated with quitting one's job and the potential that research on risky decision-making has for advancing understanding of turnover. We define risk and present turnover as a risky decision; review previous applications of risk in turnover theory; review literature on decision-making under risk as it applies to turnover; integrate these literatures and provide propositions. Our analysis suggests that individual differences, frames of reference, the decision context, and social influences affect perceptions of the risk associated with quitting as well as the willingness to take risks in this particular situation. The implications of turnover risk perceptions and turnover risk propensity for turnover theory and research are discussed.
Item Type: | Journal Article | ||||
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Divisions: | Faculty of Social Sciences > Warwick Business School | ||||
Journal or Publication Title: | Human Resource Management Review | ||||
Publisher: | Pergamon | ||||
ISSN: | 1053-4822 | ||||
Official Date: | 2007 | ||||
Dates: |
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Volume: | Volume 17 | ||||
Number: | Number 3 | ||||
Page Range: | pp. 305-318 | ||||
DOI: | 10.1016/j.hrmr.2007.07.001 | ||||
Status: | Peer Reviewed | ||||
Publication Status: | Published | ||||
Access rights to Published version: | Restricted or Subscription Access |
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