The Influence of Dual Missions on Employees’ Meaning of Work and Turnover Intention in Social Enterprises

Abstract

This study aims to examine the influence of an organization’s missions on employees’ turnover intention in the rarely studied context of social enterprises. Data collected from 236 full-time employees working for social enterprises in South Korea indicated that the negative relationship between social mission and turnover intention was mediated by the meaning of work; this mediation effect was weaker when the economic mission was stronger. The study contributes to the literature on organizational psychology (i.e., meaning of work, turnover) in the context of a new, but increasingly prevalent, organizational form—social enterprises. It also provides practical advice for managers seeking to retain and empower employees and enhance the sustainability of their social enterprises.