Majapahit Journal of Islamic Finance dan Management
Vol. 6 No. 2 (2026): Islamic Finance and Management

The Influence of Leadership Style, Compensation, and Work Environment on Turnover Intention at PT Hi-Lex Cirebon

Mohammad Abriel Alatas (Universitas Swadaya Gunung Jati, Cirebon, Indonesia)
Kartono (Universitas Swadaya Gunung Jati, Cirebon, Indonesia)



Article Info

Publish Date
10 Aug 2026

Abstract

Turnover intention is an important human resource issue in manufacturing companies because employee stability is closely related to production continuity, work discipline, and organizational performance. This study aims to examine the influence of leadership style, compensation, and work environment on turnover intention among employees of PT HI-LEX Cirebon. The study used a quantitative survey approach involving 100 employees as respondents. Data were collected through a five-point Likert-scale questionnaire and analyzed using SPSS 27. The analysis included validity testing, reliability testing, classical assumption testing, multiple linear regression, t-test, F-test, and coefficient of determination. The results show that leadership style has a positive and significant effect on turnover intention, with a significance value of 0.015. Compensation does not have a significant effect on turnover intention, with a significance value of 0.598. Work environment has a positive and significant effect on turnover intention, with a significance value of 0.029. Simultaneously, leadership style, compensation, and work environment have a significant effect on turnover intention, with a significance value of 0.000. The Adjusted R Square value of 0.169 indicates that the three independent variables explain 16.9% of the variation in turnover intention. These findings imply that PT HI-LEX Cirebon should prioritize leadership improvement and work-environment development while continuing to evaluate compensation fairness as part of a broader employee retention strategy.

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Journal Info

Abbrev

majapahit

Publisher

Subject

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

Description

Majapahit Journal of Islamic Finance and Management (MJIFM) (E-ISSN 2798-0170) is a journal published by Universitas KH. Abdul Chalim Mojokerto Indonesia four times a year (March, June, September and December). As the name implies, the journal brings two major themes, namely Islamic Finance and ...