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All Journal Jurnal Bisnis dan Manajemen West Science
Ida Farida
STIE TRISAKTI
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

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Pengaruh Kompensasi, Kepuasan Kerja, dan Peluang Promosi terhadap Retensi Karyawan di Industri Manufaktur di Jawa Timur Ida Farida; Nanny Mayasari; Anas Romzy Hibrida
Jurnal Bisnis dan Manajemen West Science Vol 3 No 04 (2024): Jurnal Bisnis dan Manajemen West Science
Publisher : Westscience Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.58812/jbmws.v3i04.1717

Abstract

This study investigates the effects of compensation, job satisfaction, and promotion opportunities on employee retention in the manufacturing industry in East Java. A quantitative approach was utilized, involving 180 respondents from various manufacturing companies. Data were collected using a structured questionnaire and analyzed with Structural Equation Modeling (SEM) using Partial Least Squares (PLS). The findings reveal that compensation has the strongest positive influence on employee retention, followed by job satisfaction and promotion opportunities, all of which are statistically significant. These results highlight the importance of competitive compensation packages, fostering a supportive work environment, and providing clear career advancement opportunities to enhance retention. The study offers practical recommendations for human resource managers to improve employee retention strategies in a competitive manufacturing environment. Future research could explore additional factors and qualitative perspectives to provide deeper insights into retention dynamics.
Co-Authors Anas Romzy Hibrida Nanny Mayasari