Identifying determinants in the first turnover of new graduate employees in Korea: applying a discrete-time survival analysis

Yunsoo Lee, Junyeong Yang and Jae Young Lee

Evidence-based HRM, 2023, vol. 11, issue 4, 641-658

Abstract: Purpose - The high turnover of new graduate employees has become a concern for many organizations in Korea. This study explores when new graduate employees leave first jobs and what makes these employees decide to leave employees' organizations. Design/methodology/approach - Using national panel data from South Korea, the authors employed a survival analysis and examined the factors that explain the turnover of new graduate employees. Findings - The findings of this study reveal that many new graduate employees leave the employees' organizations within two years. Moreover, work conditions, work satisfaction and job-skill match were associated with new graduate employee turnover. Originality/value - Based on the results of survival analysis derived from actual turnover data, not turnover intentions, the authors emphasize appropriate human resources (HR) intervention, a working environment and organizational culture, and employee development opportunities.

Keywords: Turnover; Discrete-time survival analysis; Korean new employees (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:eme:ebhrmp:ebhrm-02-2022-0036

DOI: 10.1108/EBHRM-02-2022-0036

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