The Development of a Multidimensional Measure of Job Market Cognitions: The Employment Opportunity Index (EOI).

The purpose of this research was to develop a multidimensional measure of job market perceptions based on a meta-analysis. Item sets were developed to operationally define the dimensions and were tested among 3 samples. Results of a series of exploratory and confirmatory factor analyses in 3 samples indicated that the 5 scales have satisfactory psychometric properties, construct, and criterion-related validity. The 5 dimensions accounted for significant and relatively large amounts of turnover variance, even after a number of standard turnover predictors had been taken into account. The results suggest the presence of job search microprocesses in the employee turnover process. These microprocesses are described and integrated into current thinking about the turnover process.