Predicting turnover intention of indonesian millennials workforce in the manufacturing industry: a PLS-SEM approach

Abstract

Purpose This study aims to assess the factors that can affect the turnover intention of millennial talents working in the Indonesian manufacturing industry. Design/methodology/approach This work analyzes 115 responses from millennial talents working in the Indonesian manufacturing industry on the issue of turnover intention. Data were collected through an online questionnaire. The collected data were then tested using partial least square-structural equation modeling. Findings The findings suggest that competency development, work–life balance and meaningful work have a direct impact on the employee satisfaction of millennials in the Indonesian manufacturing industry. However, compensation and benefits have no significant effect on job satisfaction. Research limitations/implications This study has limitations in data collection, concentrated merely in the Jakarta Greater Area. Hence, it would potentially influence the generalization of the results. Originality/value This study reveals the potential lack of awareness within Indonesian manufacturing companies in providing a valuable compensation and benefits program for millennials.