Binus Business Review
Vol. 15 No. 3 (2024): Binus Business Review

Understanding Generation Z: Work-Life Balance and Job Embeddedness in Retention Dynamics

Sherly Rosalina Tanoto (Petra Christian University)
Erin Go Tami (Petra Christian University)



Article Info

Publish Date
10 Oct 2024

Abstract

The Great Resignation has presented a significant challenge for companies aiming to retain top talent and emphasize the critical need for effective employee retention strategies. The research investigated the relationship between work-life balance, employee retention, and turnover intention among Generation Z employees across various industries in Indonesia. By encompassing multiple sectors such as technology, finance, healthcare, and hospitality, the research aimed to capture Generation Z employees’ diverse experiences and perceptions. The research involved 373 Generation Z respondents across various industries, employing a quantitative approach. Data collection was facilitated through online questionnaires, and analysis was conducted using Structural Equation Modeling (SEM) with Partial Least Square (PLS) as the analytical tool. The findings reveal significant relationships between various constructs. Work-life balance influences employee retention, turnover intention, and job embeddedness. Additionally, job embeddedness exerts an impact on both employee retention and turnover intention. Furthermore, work-life balance indirectly affects employee retention and turnover intention through its mediation by job embeddedness. The inclusion of diverse industries ensures that the results are broadly applicable, offering practical recommendations for fostering a resilient and engaged workforce in different professional environments. Future research should continue to explore industry-specific nuances to further enrich the understanding of these critical issues.

Copyrights © 2024






Journal Info

Abbrev

BBR

Publisher

Subject

Economics, Econometrics & Finance

Description

Binus Business Review is an international journal published in March, July, and November hosted by the Research and Technology Transfer Office (LPPM) of Universitas Bina Nusantara. The journal contents are managed by the Binus Business School, Faculty of Economics and Communications, and Forum ...