Home⇛International Journal of Multidisciplinary: Applied Business and Education Research⇛vol. 7 no. 8 (2026)

Factors Affecting Attrition Among Certified Public Accountants in Davao Del Norte

Angel Nhova P. Omalay | Devien D. Padillo | Shaine C. Romaguera | Joe Mari N. Flores

Discipline: business and management

 

Abstract:

A gradual reduction in a company's employee count indicates attri- tion. Several factors influenced this incident, including employees' preferences and personal needs, environmental conditions, and workplace relations. The study identified the factors affecting attri- tion among Certified Public Accountants in Davao del Norte. This em- ployed exploratory factor analysis in a non-experimental quantitative research design. A total of 132 participants were selected from a pop- ulation of 197 currently employed in specific organizations within Da- vao del Norte. The researchers created a contextualized instrument that incorporated factors affecting attrition among CPAs. Exploratory Factor Analysis, the factor rotation method, Bartlett's Test of Spheric- ity, and the Kaiser-Meyer-Olkin (KMO) test are among the statistical tools used for data analysis and interpretation. Analysis revealed nine factors affecting attrition: Team performance, Job stability, Work it- self, Intended-Systematic Exploration, Job preparation, Work secu- rity, Managerial support, Recognition, and Facility.



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