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The Impact Work-Life Balance toward Job Satisfaction and Employee Retention: Study of Millennial Employees in Bandung City, Indonesia

Author

Listed:
  • Hana Silaban

    (Management Department, Universitas Kristen Maranatha, Bandung, Indonesia)

  • Meily Margaretha

    (Management Department, Universitas Kristen Maranatha, Bandung, Indonesia)

Abstract

Millennial generation employees are employees who value flexibility in their work. Therefore, work-life balance is one of the factors that can affect the attitude of millennial employees in the company. Job satisfaction is an employee’s perspective on his work to see how far the company has met employee expectations. A work-life balance makes employees feel job satisfaction because they can work well while in the office; therefore they do not need to be burdened with problems outside of work. In addition, good quality of work-life balance will increase employee retention so that the company can avoid problems related to employee retention. This research aimed to explore the effect of work-life balance on job satisfaction and employee retention of the millennial generation employees in the city of Bandung, Indonesia. The sample used in this study was 196 employees from various fields of work. Analysis of data used simple linear regression, by testing the quality of the data through validity and reliability test. Study results found that there was an effect of work-life balance on job satisfaction as much as 8.3%, and there was an effect of work-life balance on employee retention of 4.4%. One of the managerial implications of the research results that can be implemented is organization should provide a good work environment and facilities to increase the motivation of the employees.

Suggested Citation

  • Hana Silaban & Meily Margaretha, 2021. "The Impact Work-Life Balance toward Job Satisfaction and Employee Retention: Study of Millennial Employees in Bandung City, Indonesia," International Journal of Innovation and Economic Development, Inovatus Services Ltd., vol. 7(3), pages 18-26, August.
    • Handle: RePEc:mgs:ijoied:v:7:y:2021:i:3:p:18-26
    DOI: 10.18775/ijied.1849-7551-7020.2015.73.2002
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    Citations

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    Cited by:

    1. O.J. Alex & Jaspreet Kaur, 2023. "A Study on the Work Life Balance of the Employees," Shanlax International Journal of Management, Shanlax Journals, vol. 11(1), pages 61-65, July.

    More about this item

    Keywords

    Work life-balance; job satisfaction; employee retention; the millennial generation.;
    All these keywords.

    JEL classification:

    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General

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