International Journal of Research in Human Resource Management
2022, Vol. 4, Issue 2, Part A
Turnover & organizational commitment in the oil and gas industry in Saudi Arabia
Muath AlMohamed, Abdulaziz AlAqeel and Khalid Alkandari
The purpose of this research is to determine whether organizational commitment plays a major role in the high turnover rates of employees in the oil and gas industry in Saudi Arabia. For this research, 120 employees from the oil and gas industry were randomly sampled. They were then issued with questionnaire which they were supposed to fill within a period of two weeks. The analysis of the collected data revealed that Out of the 120 employees involved in the research, only 15 employees have been in the oil and gas industry in Saudi Arabia for more than 2 years. The employees that had a low level of commitment were found to be 89 while only 10 of the employees had a high level of commitment in the oil and gas industry. This was an indicator that the industry was at a high risk of high employee turnover. High employee turnover has several downsides such as increased operational costs in hiring and training of new workers, disruptions due to loss of expertise and experience and more importantly, reduced revenues and profits. In order to reduce this high turnover rates, the oil and gas industry in Saudi Arabia has to improve organizational commitment. This can be achieved by creating a strong team culture, communicating goals and expectations to employees, upholding high ethical values, encouraging creativity and innovation, providing positive criticism, and offering incentives to best performing employees.