Impact of Employee Engagement on Employee Performance with Mediating Effect of Employee Retention

Abstract

A formal study determines the impact of varied approaches and perspectives on entrepreneurial behavior. Entrepreneurs are necessary in today's competitive business environment because they stay abreast of the most recent technological developments, which aid in expanding their enterprises. Statistical methods known as structured equation modelling (SEM) quantify and examine the connections between latent and observable variables. To determine the relationship between the study's independent, mediating, moderating, and reliant variables, researchers employed innovative PLS software to do structural equation modeling. Using a questionnaire, data is gathered from a random population sample using the SEM approach. The obtained information is subsequently examined using Smart PLS's analysis and testing capabilities. Overall, results from the majority hypothesis indicate that entrepreneurship is significantly affected. The R2 value is 0.560, which suggests that the factors affecting entrepreneurship account for 56% of the variance. As per the results, the significant influence of inspiring motivators on new business ventures, innovativeness, and responsiveness should urge managers to involve employees in formulating common strategic visions to encourage them to launch new internal creative projects. Additionally, managers should develop training programs to increase employee enthusiasm and creativity, improving their ability to think creatively and act in a self-renewing manner.