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Noermijati, Noermijati
Fakultas Ekonomi Dan Bisnis Universitas Brawijaya Malang
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Journal : Journal of the Community Development in Asia

 1 
The Role Of Flexible Work Arragement, Job Embeddedness And Work Life Balance In Reducing Turnover Intention (Study on Millennial Generation and Generation Z Employees at Non-Bank Financing Companies in Multifinance Financing Companies, Jakarta Head Office) Rosita, Ferriyal; Noermijati, Noermijati; Setiawan, Margono; Susilowati, Christin
Journal of The Community Development in Asia Vol 7, No 2 (2024): May 2024
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/jcda.v7i2.2987

Abstract

Human resources (HR) are an important component in the success of a company (Dessler, G., 2019).Therefore, managing and maintaining human resources is the most important key for companies to achieve their goals with various challenges in managing human resources and increasingly dynamic business dynamics (Wynne et al., 2021).New challenges after the Covid-19 pandemic and the Millennial Generation and Generation Z who are entering productive age are expected to contribute positively to the nation's progress due to the composition and dominance of the largest population. However, the reality is contrary to these estimates. where the number of millennials and some generation z who enter productive age is increasing and has dominated many jobs and is followed by an increase in turnover rates. High turnover rates exceeding the global average of 13% make organisations required to continue to improve.This study investigate the role of flexible work arrangements, Job Embeddedness and Work Life Balance in suppressing turnover intention in the millennial generation and generation Z in a finance company at the Jakarta headquarters.This research is quantitative research with Non probability. The questionnaire was distributed to employees at the headquarter multifinance company in Jakarta with 280 respondents. The data analysis technique uses Partial Least Square (PLS) analysis tools.The results in this research indicate that Flexible work arrangement (FWA) has a significant negative impact on turnover intention. Flexible work arrangement has a significant positive impact on job embeddedness and work-life balance.Flexible Work Arragement (FWA) has a significant negative impact on Turnover intention which is partially intervening by job embeddedness and work-life balance.
The Role of Flexible Work Arrangement, Job Embeddedness, and Work-Life Balance in Reducing Turnover Intention: Study on Millennials and Generation Z Employees Rosita, Ferriyal; Noermijati, Noermijati; Setiawan, Margono; Susilowati, Christin
Journal of The Community Development in Asia Vol 7, No 2 (2024): May 2024
Publisher : AIBPM Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32535/jcda.v7i2.2987

Abstract

Millennials and Generation Z, as the largest demographics entering the workforce, were anticipated to drive national progress. However, despite their significant numbers, many of them are experiencing high turnover rates. This study investigates the role of flexible work arrangements, job embeddedness, and work-life balance in suppressing turnover intention among millennials and Generation Z in multi-finance companies at Jakarta headquarters. This research is quantitative research with non-probability sampling. The questionnaire was distributed to 280 respondents. The data analysis technique uses Partial Least Square (PLS) analysis tools. The results indicate that (1) flexible work arrangement has a significant negative impact on turnover intention; (2) flexible work arrangement has a significant positive impact on job embeddedness and work-life balance; and (3) flexible work arrangement has a significant negative impact on turnover intention which is partially intervened by job embeddedness and work-life balance. It is suggested for multi-finance companies to optimize flexible work arrangement practices by implementing work-life balance and job embeddedness to reduce turnover intention among millennials and Generation Z
Co-Authors . Djumahir Abi Sopyan Febrianto Achmad Sudiro Agung Yuniarinto Agus Irwanto Agustina Nurhayati Akhmadi Prabowo, Akhmadi Alashkam, Sana Amer Ali, Faiq Tajib Alif Rafi Nurfakhriansyah Ananda Sabil Hussein Anis Nusron Anugerah, Desy Gistya Arief Alamsyah Armanu Thoyib Armanu, Armanu Aryo Dewanto As'ad, Achmad Shofiyyuddin Asmara, Bagas Fajar Mahendra Yan Cahyaningrum, Desy Dwi Christin Susilowati Cicilia Lihawa, Cicilia Daniyatul Farhiya Desi Tri Kurniawati Djumilah Hadiwidjojo Djumilah Hadiwidjojo Dodi W. Irawanto Dodi W. Irawanto Dodi Wirawan Irawanto Eka Afnan Troena Ekromi Fraida Tsalasah F, Muhammad Faadillah, Maulana Rizky Farhiya, Daniyatul Farid Rokhman Djoemadi Fatchur Rochman Fatchur Rohman Fatchur Rohman Firdaus, Ema Zahra Halida Savira Hardjanti, Indra Wahju Harefan Arief Harun Al Rasyid Ika Purwanti Indra Wahju Hardjanti Injilia Wulan Gratia Wua, Injilia Wulan Gratia Intan Apriadi Intan Nurlaily Itlay, Wiwin Juwita, Himmiyatul Amanah Jiwa Kamel Saleh Khalifa Elgelal Khairuman, Miftah Korsakul, Nattharuja Kusuma Ratnawati Lana Emilia Gondowahjudi Liana, Esti Lily Hendrasti Novadjaja Lysandra, Cindy Letitia M. S. Idrus Made Widya Santhi Made Widya Santhi Mahardita, Elisya Jauhar Mahyarni mahyarni MAKIAH Margono Margono Margono Setiawan Margono Setiawan Mintarti Rahayu Mintarti Rahayu Mintarti Rahayu Mirza Dwinanda Ilmawan Misbahuddin Azzuhri Mochamad Soelton Mugiono Mugiono Muhamad Ridhayantho Muhamad Ridhayantho, Muhamad Muhammad Jasrif Teguh Nanang Suryadi Narasuci, Win Nawangsari Wardhani Nazzal, Ayman Nico Alexander Vizano Nugraha, Krisna Wahyu Nur Khusniyah Indrawati Nur Prima Waluyowati Nurul Badriyah Prabowo, Thoni Setyo Putra, Bayu Anugerah Perdana Wijaya Rachel Nitrogena Virdani Rachmat, Adiwiratna Briandana Ganefanto Ratri, Indah Kurnia Renny Annisa Renny Annisa Risnawati Risnawati Rizqullah, Muhammad Zahran Rofiaty, Rofiaty Rony Arthana Rosita, Ferriyal Royhul Akbar Rusul, Ahmad Khitamur S, Catarina Dyan Siska Kristin Sugianto Sudjatno, Sudjatno Sugeng Budiono Sulastri Sulastri Sunaryo Sunaryo Sunaryo Sunaryo Suratchanee Wongviboonrath Susanti Dwi Ilhami Taufiqurrahman Taufiqurrahman Tifliyah, Siti Zainut Titis Setyawardani Wahdiyat Moko Wibowo, Bagus Handaru Mukti Widya Nuryana Wiwin Itlay Wongviboonrath, Suratchanee Yahya Tri Romadhoni, Yahya Tri Yulianto, Nur Ahmad Budi Zaroug, Yousef Ali Mohamed