Factors Influencing the Intention to Stay Among Skilled Labors of Precision Machining Industry in Malaysia

Chong Yeow Ping () and Noor Fareen Abdul Rahim
Additional contact information
Chong Yeow Ping: Universiti Sains Malaysia, Graduate School of Business
Noor Fareen Abdul Rahim: Universiti Sains Malaysia, Graduate School of Business

A chapter in Proceedings of the 13th International Conference on Business, Accounting, Finance and Economics (BAFE 2025), 2025, pp 538-558 from Springer

Abstract: Abstract The precision machining sector in Malaysia plays a vital role in high-impact industries such as automotive, aerospace, and electrical and electronics. However, the industry is increasingly challenged by difficulties in retaining skilled labor, which threatens productivity, quality, and overall competitiveness. Rising global competition, rapid technological change, and growing demands for high-quality products have heightened these pressures. Employee turnover has become a critical issue, with projections indicating that up to 38% of workers may consider leaving by 2025. Such turnover disrupts operations, weakens stakeholder relationships, and imposes substantial financial costs due to recruitment, training, and productivity losses, while also risking the erosion of intellectual and technical expertise. Addressing these challenges is essential to sustaining talent and ensuring operational continuity. This study aims to examine organizational and career-related factors that influence employees’ intention to stay, focusing on learning and development, career advancement opportunities, work environment, perceived organizational support, and employee engagement. Guided by Social Exchange Theory (SET), the study posits that employees’ decisions to remain are shaped by their perceptions of value, support, and reciprocity within the organization. Using a quantitative design and structured questionnaires distributed to skilled workers in Malaysian precision machining firms, the findings are expected to inform more effective talent management strategies that strengthen workforce sustainability in the sector.

Keywords: Intention to stay; Precision machining; Skilled labor (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-968-1_37

Ordering information: This item can be ordered from
http://www.springer.com/9789464639681

DOI: 10.2991/978-94-6463-968-1_37

Access Statistics for this chapter

More chapters in Advances in Economics, Business and Management Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().