Research Article

Retaining Employees through Organizational Social Climate, Sense of Belonging and Workplace Friendship: A Research in the Financial Sector

Volume: 52 Number: 1 May 30, 2023
EN

Retaining Employees through Organizational Social Climate, Sense of Belonging and Workplace Friendship: A Research in the Financial Sector

Abstract

This paper examined the impact of organizational social climate on employees’ sense of belonging, its impact on employees’ intention to leave as well as the moderating effect of workplace friendships on this relationship. Using a convenient sampling method on financial sector employees working in Istanbul, Turkey, a survey was conducted. A total of 403 employees were surveyed. The findings of this study revealed that organizational social climate is positively associated with sense of belonging, while organizational social climate, sense of belonging and workplace friendship are negatively associated with intention to leave the organization. According to the findings, the workplace friendship moderates the relationship between sense of belonging and intention to leave. This paper demonstrated that social interactions in the workplace play a vitally important role in employees’ intentions to leave the organization. This contributes to conceptual understanding of the job embeddedness theory, which suggests that the relationships are one of the key factors that keep individuals in organizations. This paper highlighted the potential for employee turnover to directly / indirectly arise from the employees’ sense of belonging, social climate and workplace friendships acquired in the organization.

Keywords

References

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Details

Primary Language

English

Subjects

Business Administration

Journal Section

Research Article

Publication Date

May 30, 2023

Submission Date

October 6, 2020

Acceptance Date

March 17, 2022

Published in Issue

Year 2023 Volume: 52 Number: 1

APA
Bilginoğlu, E., & Yozgat, U. (2023). Retaining Employees through Organizational Social Climate, Sense of Belonging and Workplace Friendship: A Research in the Financial Sector. Istanbul Business Research, 52(1), 67-85. https://doi.org/10.26650/ibr.2023.52.806695
AMA
1.Bilginoğlu E, Yozgat U. Retaining Employees through Organizational Social Climate, Sense of Belonging and Workplace Friendship: A Research in the Financial Sector. IBR. 2023;52(1):67-85. doi:10.26650/ibr.2023.52.806695
Chicago
Bilginoğlu, Elif, and Uğur Yozgat. 2023. “Retaining Employees through Organizational Social Climate, Sense of Belonging and Workplace Friendship: A Research in the Financial Sector”. Istanbul Business Research 52 (1): 67-85. https://doi.org/10.26650/ibr.2023.52.806695.
EndNote
Bilginoğlu E, Yozgat U (May 1, 2023) Retaining Employees through Organizational Social Climate, Sense of Belonging and Workplace Friendship: A Research in the Financial Sector. Istanbul Business Research 52 1 67–85.
IEEE
[1]E. Bilginoğlu and U. Yozgat, “Retaining Employees through Organizational Social Climate, Sense of Belonging and Workplace Friendship: A Research in the Financial Sector”, IBR, vol. 52, no. 1, pp. 67–85, May 2023, doi: 10.26650/ibr.2023.52.806695.
ISNAD
Bilginoğlu, Elif - Yozgat, Uğur. “Retaining Employees through Organizational Social Climate, Sense of Belonging and Workplace Friendship: A Research in the Financial Sector”. Istanbul Business Research 52/1 (May 1, 2023): 67-85. https://doi.org/10.26650/ibr.2023.52.806695.
JAMA
1.Bilginoğlu E, Yozgat U. Retaining Employees through Organizational Social Climate, Sense of Belonging and Workplace Friendship: A Research in the Financial Sector. IBR. 2023;52:67–85.
MLA
Bilginoğlu, Elif, and Uğur Yozgat. “Retaining Employees through Organizational Social Climate, Sense of Belonging and Workplace Friendship: A Research in the Financial Sector”. Istanbul Business Research, vol. 52, no. 1, May 2023, pp. 67-85, doi:10.26650/ibr.2023.52.806695.
Vancouver
1.Elif Bilginoğlu, Uğur Yozgat. Retaining Employees through Organizational Social Climate, Sense of Belonging and Workplace Friendship: A Research in the Financial Sector. IBR. 2023 May 1;52(1):67-85. doi:10.26650/ibr.2023.52.806695

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