The Unprecedented Lockdown: The consequences of job loss

Abstract

Abstract Various studies have analyzed employees’ perceptions with regards to voluntary turnover and very few studies have attempted to identify and assess the consequences of involuntary turnover on the employees. Thus, this study attempts at analyzing the consequences of any potential involuntary turnover on employees that can take place as a response to the economic crisis that will occur with the COVID-19 pandemic. Factors like role overload, job stress, occupational burnout and Work Family Conflict (WFC) has been identified as the resulting effects of any job losses. Significant and positive relationship was recorded among variables and the relationship between involuntary turnover and WFC and between job stress and WFC were rejected. The Conservation of Resources theory (COR) and the Spillover and Crossover theory were used to better understand the complexities of the matter. The limitations and future work prospects have also been discussed.