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Predicting turnover intention of indonesian millennials workforce in the manufacturing industry: a PLS-SEM approach

Predicting turnover intention of indonesian millennials workforce in the manufacturing industry:... This study aims to assess the factors that can affect the turnover intention of millennial talents working in the Indonesian manufacturing industry.Design/methodology/approachThis work analyzes 115 responses from millennial talents working in the Indonesian manufacturing industry on the issue of turnover intention. Data were collected through an online questionnaire. The collected data were then tested using partial least square-structural equation modeling.FindingsThe findings suggest that competency development, work–life balance and meaningful work have a direct impact on the employee satisfaction of millennials in the Indonesian manufacturing industry. However, compensation and benefits have no significant effect on job satisfaction.Research limitations/implicationsThis study has limitations in data collection, concentrated merely in the Jakarta Greater Area. Hence, it would potentially influence the generalization of the results.Originality/valueThis study reveals the potential lack of awareness within Indonesian manufacturing companies in providing a valuable compensation and benefits program for millennials. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Industrial and Commercial Training Emerald Publishing

Predicting turnover intention of indonesian millennials workforce in the manufacturing industry: a PLS-SEM approach

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Publisher
Emerald Publishing
Copyright
© Emerald Publishing Limited
ISSN
0019-7858
eISSN
0019-7858
DOI
10.1108/ict-08-2021-0056
Publisher site
See Article on Publisher Site

Abstract

This study aims to assess the factors that can affect the turnover intention of millennial talents working in the Indonesian manufacturing industry.Design/methodology/approachThis work analyzes 115 responses from millennial talents working in the Indonesian manufacturing industry on the issue of turnover intention. Data were collected through an online questionnaire. The collected data were then tested using partial least square-structural equation modeling.FindingsThe findings suggest that competency development, work–life balance and meaningful work have a direct impact on the employee satisfaction of millennials in the Indonesian manufacturing industry. However, compensation and benefits have no significant effect on job satisfaction.Research limitations/implicationsThis study has limitations in data collection, concentrated merely in the Jakarta Greater Area. Hence, it would potentially influence the generalization of the results.Originality/valueThis study reveals the potential lack of awareness within Indonesian manufacturing companies in providing a valuable compensation and benefits program for millennials.

Journal

Industrial and Commercial TrainingEmerald Publishing

Published: Jan 2, 2023

Keywords: Millennials; Turnover intention; Employee satisfaction; Manufacturing industry; Partial least squares-structural equation modeling (PLS-SEM); Indonesian workforce

References