Monetary and Non-Monetary Opportunities as Determinants of Turnover Intention Among Academic Staff in IBB University

Abstract

It is worrisome, the rate at which lecturers leave one university for another because of the monetary and non-monetary opportunities. The aim of this study is to investigate the effect of monetary and nonmonetary opportunities on turnover intention among Academic Staff of IBB University Lapai (IBBUL), Niger State - Nigeria. Turnover intention is when employees or Academic Staff have intention to quit or leave an organization soonest. Survey research design was utilized and the population of study is 318 lectures of IBBUL. A questionnaire instrument was used to collect data which were inputted in the Statistical Package for Social Sciences (SPSS)- version 23 to produce regression results. The results show that job opportunity, job freedom and job insecurity have positive and significant effect on turnover intention of the lecturers. The theoretical contribution of study suggested that higher educational institutions should provide conducive environment for lecturers to avoid high turnover intention. The practical implication shows that an increase in the explanatory variables will significantly increase turnover intention of the lecturers.