Talent retention among millennials in the Malaysian manufacturing industry

Niroshini Sukumaran and Hemaloshinee Vasudevan

International Journal of Business Innovation and Research, 2025, vol. 38, issue 3, 356-375

Abstract: The study aims to examine the relationship between talent retention and work-life balance, reward management, career enhancement opportunity and employee engagement among millennials in Malaysia's manufacturing industry. The loss of a talented employee will hinder the expansion of the company. Since it is more crucial to maintain people than to let them go, businesses must pay great attention to talent retention. For the organisation to remain competitive, it is essential to keep qualified or competent staff. A total of 500 questionnaires were issued via a Google survey form to millennial workers in Malaysia's manufacturing sector. Convenience sampling, a non-probability sampling technique used in this study, bases the sample size on the amount of data gathered. The association between the variables is determined by using hypothesis testing. SPSS software was used for data analysis. The findings show a strong correlation between work-life balance and reward management and talent retention, with millennials expecting to stay with the organisation. This study can enhance future research by considering more independent variables such as job security, job performance, and employee commitment by doing a longitudinal study; and interviewing respondents instead of relying solely on an online survey.

Keywords: work-life balance; reward management; career enhancement opportunity; talent Retention; millennials; Malaysian manufacturing industry. (search for similar items in EconPapers)
Date: 2025
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