Jurnal Bisnis dan Manajemen West Science
Vol 3 No 04 (2024): Jurnal Bisnis dan Manajemen West Science

Pengaruh Kompensasi, Kepuasan Kerja, dan Peluang Promosi terhadap Retensi Karyawan di Industri Manufaktur di Jawa Timur

Ida Farida (STIE TRISAKTI)
Nanny Mayasari (Universitas Nusa Cendana)
Anas Romzy Hibrida (Universitas Negeri Manado (UNIMA))



Article Info

Publish Date
29 Nov 2024

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.

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Journal Info

Abbrev

jbmws

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Jurnal Bisnis dan Manajemen West Science adalah Jurnal Manajemen dan Bisnis sebagai tempat untuk menyebarluaskan hasil penelitian, kajian dan ide di bidang manajemen dan bisnis yang diterbitkan oleh Westscience Press. Pertama kali diterbitkan pada tahun 2022.Jurnal Bisnis dan Manajemen West Science ...