The Relationship between Key Factors and Gen Z Employee Retention in Indonesian FMCG Start-Ups
Journal Title: International Journal of Current Science Research and Review - Year 2024, Vol 7, Issue 07
Abstract
This study investigates the factors relationship between turnover intention and employee retention of Generation Z employees in the workplace, using a combination of qualitative and quantitative research methods. Data were collected through interviews and surveys, followed by a comprehensive analysis employing descriptive statistics, and multiple linear regression. The qualitative findings highlight significant financial needs, high expectations of career advancement, and the adverse impact of long working hours on job satisfaction and retention. Quantitative analysis identifies financial opportunities, comprehensive employee benefits, and a sense of being financially rewarded as major factors contributing to economic security and retention. Work-life balance and an open, collaborative company culture, characterized by effective communication and teamwork, also play critical roles in enhancing job satisfaction and loyalty among Gen Z employees. The study reveals that financial factors, work-life balance, and organizational culture significantly impact retention rates. Furthermore, it emphasizes the interconnectedness of these variables, noting how unmet financial needs and unrealistic career expectations can lead to job dissatisfaction and increased turnover. The research concludes with recommendations for longitudinal studies, comparative research, and intersectional studies to further understand the evolving and diverse needs of Gen Z employees. Implementing robust career development programs and addressing financial needs are crucial strategies for start-ups aiming to retain young talent in the long term.
Authors and Affiliations
Muhammad Jupaka Syahputra, Achmad Fajar Hendarman,
Keywords
Related Articles
- EP ID EP740977
- DOI 10.47191/ijcsrr/V7-i7-85
- Views 89
- Downloads 0
A Clinical and Radiographical Study on Augmentation of Fracture Healing in Long Bones of Dogs Using Synthetic Nanohydroxyapatite
Long bone fractures in six dogs were stabilized with intramedullary pinning and synthetic nanohydroxyapatite (Nha) graft material was deposited at the fracture site intra-operatively. The fractures were classified accord...
The Influence of Service Quality and Product Quality of Livin Mandiri through Satisfaction Customers and its Impact on Customer Loyalty of Bank Mandiri KCP Tanjung Balai, North Sumatra Province
The aim of this research is to determine the quality of service and product quality of Livin Mandiri on customer loyalty through customer satisfaction at Bank Mandiri KCP Tanjung Balai North Sumatera Province. This re...
Family Structure and its Impact on Cognitive Development in High School Students: A Critical Perspective
This study critically explores the impact of family structure on the cognitive growth of high school students. Family structure plays a pivotal role in shaping the cognitive development of adolescents, influencing their...
Demographic Characteristics and Family Challenges Among Widows and Widowers in South-South Geo Political Zone, Nigeria
This research study is about demographic characteristics and family challenges among widows and widowers in South-South geopolitical zone of Nigeria. To carry on the study two research questions and two hypothesis was fo...
The Influence of Work Competence and Work Motivation on Employee Performance at PT Hardware Clothing Area Banjarbaru
The aim of this research is to determine: (1) The influence of work competency and work motivation simultaneously on employee performance. (2) The partial influence of work competency and work motivation on employee perf...