Investigation of the Intermediary Role of Financial Well-Being in the Effect of Violation of Psychological Contract on Intention to Leave

Abstract

This study investigates the role of financial well-being-a measure of how satisfied a person is in terms of financial standards-in the relationship between psychological contract, defined as the sum of nuncupative expectations and exchanges between employers and employees, and intention to leave. The most common method of sampling is preferred in our study, because it is not based on probability and allows everyone to be included in the sample. A total of 225 whitecollar workers who were accessed online via the convenience sampling method were included in the questionnaire. As a result of the study, it was found that financial well-being did not have any mediating effect in the relationship between the perception of violation of psychological contract and intention to leave. The indirect effect of perception of violation of psychological contract on the intention to quit (via financial well-being) is at -0.01, which is not statistically significant. Financial well-being does not cause a significant change in the negative relationship between the perception of violation of psychological contract and intention to leave.