Impact of Organizational Justice on Employees’ Intention to Stay: A Study on Private Commercial Banks of Bangladesh

Abstract

Purpose: The study aims to look at how organizational justice (OJ) and its four components affect bankers' intentions to stay (ITS), so that the administration of Bangladeshi banks can focus on increasing the capacity to retain competent and experienced individuals over time. Methodology: This study uses a convenience sampling method, and a sample of 181 bankers, in which all of the questionnaire items are graded on a 5-point Likert scale. With the use of correlation, regression, and ANOVA, SPSS version 25 is used to evaluate data. Findings: OJ and its four dimensions have been discovered to have a major impact on ITS. The findings show that bankers are required to reciprocate with a good attitude if they perceive their organisation and management treat them similarly, equitably, fairly, and rationally. Practical Implications: This research has substantial practical consequences for Bangladesh's banking sector. Top-level management should adopt policies and processes to institutionalize OJ for all four groups, which will probably result in a rise in the ITS of bankers inside their organisations. Originality/Value: Little emphasis has been made on the four characteristics of OJ and their impact on ITS. Furthermore, the effect of OJ on ITS appears to be understudied in Bangladesh. To close this gap, the research will examine the role of OJ in fostering employees’ ITS in Bangladesh's banking sector. Limitations: Significant study limitations include the convenience sample method used to obtain data, limited sample size and a focus on a specific area.