Formulating and redesigning retention policies for millennial at manufacturing industries of Bangladesh
The manufacturing industries of the private sector play a significant role in the overall development of any country. Despite its phenomenal success, private sectors are facing enormous challenges due to the frequent turnover. These turnovers took place due to the absence of job satisfaction, wherea...
Saved in:
| Main Authors: | , , , , |
|---|---|
| Other Authors: | |
| Format: | Article |
| Published: |
Inderscience Publishers
2024
|
| Subjects: | |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1833352231666057216 |
|---|---|
| author | Hassan M. Islam S.N. Jambulingam M. Alam M.N. Hosen S. |
| author2 | 57217099833 |
| author_facet | 57217099833 Hassan M. Islam S.N. Jambulingam M. Alam M.N. Hosen S. |
| author_sort | Hassan M. |
| building | UNITEN Library |
| collection | Institutional Repository |
| content_provider | Universiti Tenaga Nasional |
| content_source | UNITEN Institutional Repository |
| continent | Asia |
| country | Malaysia |
| description | The manufacturing industries of the private sector play a significant role in the overall development of any country. Despite its phenomenal success, private sectors are facing enormous challenges due to the frequent turnover. These turnovers took place due to the absence of job satisfaction, whereas turnover causes massive overt and covert losses. The study reveals that this emerging problem is likely to continue in the future also. Therefore, the objective of the study was to observe the mediating role of job satisfaction on integrated retention strategy for retaining the millennial employees. SPSS and SEM (AMOS) were used to analyse the data. The results show a significant positive relationship with retention, job satisfaction, and millennial retention factors (servant leadership, management initiative, soft HRM, work-life balance). The study concluded by highlighting the recommendations, contributions, limitations, and research directives for future researchers. Copyright � 2023 Inderscience Enterprises Ltd. |
| format | Article |
| id | my.uniten.dspace-34520 |
| institution | Universiti Tenaga Nasional |
| publishDate | 2024 |
| publisher | Inderscience Publishers |
| record_format | dspace |
| spelling | my.uniten.dspace-345202024-10-14T11:20:21Z Formulating and redesigning retention policies for millennial at manufacturing industries of Bangladesh Hassan M. Islam S.N. Jambulingam M. Alam M.N. Hosen S. 57217099833 15829466900 55700429000 57210293011 57204624125 Bangladesh Generation Y Generation Y HRM job satisfaction mediation millennial policy retention turnover The manufacturing industries of the private sector play a significant role in the overall development of any country. Despite its phenomenal success, private sectors are facing enormous challenges due to the frequent turnover. These turnovers took place due to the absence of job satisfaction, whereas turnover causes massive overt and covert losses. The study reveals that this emerging problem is likely to continue in the future also. Therefore, the objective of the study was to observe the mediating role of job satisfaction on integrated retention strategy for retaining the millennial employees. SPSS and SEM (AMOS) were used to analyse the data. The results show a significant positive relationship with retention, job satisfaction, and millennial retention factors (servant leadership, management initiative, soft HRM, work-life balance). The study concluded by highlighting the recommendations, contributions, limitations, and research directives for future researchers. Copyright � 2023 Inderscience Enterprises Ltd. Final 2024-10-14T03:20:21Z 2024-10-14T03:20:21Z 2023 Article 10.1504/IJBG.2023.133268 2-s2.0-85171749221 https://www.scopus.com/inward/record.uri?eid=2-s2.0-85171749221&doi=10.1504%2fIJBG.2023.133268&partnerID=40&md5=9b50aa2f76552ad275b364e813ef67b8 https://irepository.uniten.edu.my/handle/123456789/34520 34 3 265 293 Inderscience Publishers Scopus |
| spellingShingle | Bangladesh Generation Y Generation Y HRM job satisfaction mediation millennial policy retention turnover Hassan M. Islam S.N. Jambulingam M. Alam M.N. Hosen S. Formulating and redesigning retention policies for millennial at manufacturing industries of Bangladesh |
| title | Formulating and redesigning retention policies for millennial at manufacturing industries of Bangladesh |
| title_full | Formulating and redesigning retention policies for millennial at manufacturing industries of Bangladesh |
| title_fullStr | Formulating and redesigning retention policies for millennial at manufacturing industries of Bangladesh |
| title_full_unstemmed | Formulating and redesigning retention policies for millennial at manufacturing industries of Bangladesh |
| title_short | Formulating and redesigning retention policies for millennial at manufacturing industries of Bangladesh |
| title_sort | formulating and redesigning retention policies for millennial at manufacturing industries of bangladesh |
| topic | Bangladesh Generation Y Generation Y HRM job satisfaction mediation millennial policy retention turnover |
| url_provider | http://dspace.uniten.edu.my/ |