AN EMPLOYEE TURNOVER PREDICTION MODEL: A STUDY OF ACCOUNTANTS IN SINGAPORE

Abstract

This survey studies the factors influencing the turnover intention of accountants in Singapore with a view to develop a turnover prediction model. Twenty variables were studied. Results show that 18 of these variables are significantly different between accountants who intend to turnover and those who do not. Through the use of stepwise logit analysis, a turnover prediction model with only six variables was developed. In‐sample and holdout overall accuracy rates of the turnover model are 88.2% and 87.4%, respectively.