Assessing the levels of flourishing in a private security concern

Abstract

A high turnover rate of employees has a detrimental effect on the overall effectiveness of any organisation, because amongst others, it imposes both direct and indirect costs. It is therefore crucial to address the intention of employees to leave the organisation, since this is viewed as the final stage before employees actually leave the organisation. Although there are countless factors that influence the turnover intention, this study will focus on assessing the level of employee flourishing in a private security concern. For the purpose of this study spiritual well-being, flourishing and turnover intention were theoretically analysed through available literature in order to define and better understand these constructs. A quantitative research method was used to gather reliable statistical results through a cross-sectional survey design. A questionnaire was formulated from existing questionnaires and respondents were then requested to complete it. The research data was analysed through basic descriptive statistics and correlations between constructs were also analysed. Cronbach’s alpha coefficient was applied to assess the reliability of the construct variables measured in this research. The statistical results indicated a strong correlation between spiritual well-being and flourishing, while both spiritual well-being and flourishing correlated negatively with turnover intention. This statistically, indicates a lower turnover intention from employees who experience flourishing, as well as spiritual well-being. The foremost constraint of this study involved the use of the convenience sampling method. Generalisation of results can therefore not be made, as the results of a convenience sample are only applicable to those target respondents and not to all employees of the organisation and/ or industry. Nonetheless, intervention strategies were formulised and presented to management in order to attempt the improvement of employee flourishing, as well as spiritual well-being. The objective of the intervention strategies is to affect and address the turnover intention of employees