Pengaruh work-life balance terhadap retensi karyawan dengan moderasi kompensasi
DOI:
https://doi.org/10.26740/jim.v13n1.p131-146Keywords:
Compensation, Employee Retention, Work-Life BalanceAbstract
This study discusses the effect of work-life balance on employee retention with moderation of compensation at PT Sucofindo Main Branch, Surabaya. The subjects of this study were employees of PT xxx, and the data collection technique used was the was the saturated sample technique. The total number of respondents in this study was 99, obtained by distributing questionnaires directly. This research includes quantitative research using SEM PLS version 4 analysis techniques. The results of the study found that work-life balance has no significant and positive effect on employee retention, compensation has a significant and positive effect on employee retention, and compensation moderates significant and positive work-life balance on employee retention.
References
Abou-Moghli, A. A. (2019). The influence of compensation management strategy on talent retention: exploring the mediating role of structural capital, International Business Research, 12(3), p. 165. https://doi.org/10.5539/ibr.v12n3p165.
Adeogun, S. O. et al. (2021). Employees Retention And Compensation Packages Of Research Institutions In Oyo State, Nigeria’.
Ahmad Saufi, R. et al. (2023). Academic Person-Environment Fit towards Sustainable Work-Life Balance and Reduced Turnover Intention Moderated by Job Opportunities, Sustainability (Switzerland), 15(4). https://doi.org/10.3390/su15043397.
Al-Suraihi, W. A. et al. (2021). Employee Turnover: Causes, Importance and Retention Strategies, European Journal of Business and Management Research, 6(3), pp. 1–10. https://doi.org/10.24018/ejbmr.2021.6.3.893.
Algazlan, N. et al. (2022). Association between intention to leave work and quality of work-life of Saudi pharmacists, Saudi Pharmaceutical Journal, 30(2), pp. 103–107. https://doi.org/10.1016/j.jsps.2021.12.022.
Alzaid, D. and Dukhaykh, S. (2023). Employer Branding and Employee Retention in the Banking Sector in Saudi Arabia: Mediating Effect of Relational Psychological Contracts, Sustainability (Switzerland), 15(7). https://doi.org/10.3390/su15076115.
Aman-Ullah, A. et al. (2024). Balancing is a necessity not leisure: a study on work–life balance witnessing healthcare sector of Pakistan, Asia-Pacific Journal of Business Administration, 16(1), pp. 127–147. https://doi.org/10.1108/APJBA-09-2020-0338.
Aman-Ullah, Attia et al. (2023). The role of compensation in shaping employee’s behaviour: a mediation study through job satisfaction during the Covid-19 pandemic, Revista de Gestao, 30(2), pp. 221–236. https://doi.org/10.1108/REGE-04-2021-0068.
Anxo, D. and Ericson, T. (2023). Senior citizens intrinsic and extrinsic work motivation, International Journal of Manpower, 44(9), pp. 216–236. https://doi.org/10.1108/IJM-12-2022-0578.
Asri, D. H. (2021). Analisis Faktor - Faktor Yang Mempengaruhi Retensi Karyawan Pada Perusahaan Ekspedisi Di Batam, Journal of Global Business and Management Review, 3(2), p. 16. https://doi.org/10.37253/jgbmr.v3i2.6284.
Astuti, R. R., Prabowo, H. and Puspitasari, R. H. U. (2023). The effect of compensation and work-life balance on employee retention through work satisfaction (case study at PT Sandang Asia Maju Abadi Semarang), Stability: Journal of Management and Business, 6(1), pp. 39–62. https://doi.org/10.26877/sta.v6i1.16270.
Brough, P. et al. (2020). Work – life balance : definitions , causes , and consequences author handbook of socioeconomic determinants of occupational health downloaded from work – life balance : definitions , causes , and consequences, Handbook, p. 16.
Fahraini, F. and Syarif, R. (2022). Pengaruh kompensasi, disiplin kerja dan komunikasi terhadap kinerja karyawan PT. Nikos Distribution Indonesia, Ikraith-Ekonomika, 5(1), pp. 20–30.
Fanisi. et al. (2023). Effectiveness of employee retention strategies, Industrial Engineering Journal, 4(1), pp. 88–100. https://doi.org/10.37421/2161-5833.2023.13.481.
Hair, J. F. et al. (2019). The results of PLS-SEM article information, European Business Review, 31(1), pp. 2–24.
Hanai, A. E. and Pallangyo, W. A. (2020). The contribution of compensation in the employee retention of the Banking Institutions in Dar es salaam, Tanzania’, European Journal of Business and Management Research, 5(4), pp. 1–8. https://doi.org/10.24018/ejbmr.2020.5.4.223.
Hassan, A. et al. (2022). Pengaruh talent management dan work life balance terhadap retensi karyawan dengan mediasi dukungan organisasi, Modus, 34(2), pp. 158–183. https://doi.org/10.24002/modus.v34i2.5966.
Hayden, B. M. (2022). A qualitative investigation into the Great Resignation in Ireland: The reasons behind employee turnover within the tech industry during the COVID-19 pandemic, (August).
Indrayani, I. et al. (2023). How does millennial employee job satisfaction affect performance, Higher Education, Skills and Work-based Learning, 14(1), pp. 22–40. https://doi.org/10.1108/HESWBL-01-2023-0004.
Kamselem, K. M. et al. (2022). Testing the nexus between reward system, job condition and employee retention through intervening role of employee engagement among nursing staff’, Arab Gulf Journal of Scientific Research, 40(1), pp. 34–53. https://doi.org/10.1108/AGJSR-05-2022-0061.
Khateeb Károly, F. R. (2020). Work Life Balance-a Review of Theories, Definitions and Policies’, Cross-Cultural Management Journal, XXIII(1), pp. 217–227.
Khatun, Mahfuja, Rahman, S. N. and Khatun, Munni (2023). impact of development opportunities and compensation on employee retention: A comparative study on Banking industry of Bangladesh’, European Journal of Management and Marketing Studies, 8(1), pp. 40–63. https://doi.org/10.46827/ejmms.v8i1.1400.
Komang, N. et al. (2021). The effect of compensation and organizational commitment on employee satisfaction and retention, American Journal of Humanities and Social Sciences Research, (5), pp. 333–342. Available at: www.ajhssr.com.
Lorentzon, J. I., Fotoh, L. E. and Mugwira, T. (2023). Remote auditing and its impacts on auditors’ work and work-life balance: auditors’ perceptions and implications, Accounting Research Journal. https://doi.org/10.1108/ARJ-06-2023-0158.
Mujanah, S. (2020) Manajemen Kompensasi, Manajemen kompensasi / Dr. M. Kadarisman.
Nurmalitasari, S. (2021). Pengaruh pelatihan, pengembangan karier, work life balance terhadap retensi karyawan dengan kepuasan kerja sebagai variabel pemediasi’, Diponegoro Journal of Management, 10(3), pp. 1–15. Available at: http://ejournal-s1.undip.ac.id/index.php/dbr.
Panda, A. and Sahoo, C. K. (2021). Work–life balance, retention of professionals and psychological empowerment: an empirical validation, European Journal of Management Studies, 26(2/3), pp. 103–123. https://doi.org/10.1108/ejms-12-2020-0003.
Rani, R. and Desiana, P. M. (2019). The impact of owners’ intrinsic motivation and work-life balance on SMEs’ performance: The mediating effect of affective commitment, International Journal of Business, 24(4), pp. 393–411.
S*, U., S, R. and A, C. (2020). Retention of nurses in medium size health care units -role of work life balance, compensation and work environment, International Journal of Innovative Technology and Exploring Engineering, 9(3), pp. 510–514. https://doi.org/10.35940/ijitee.l3556.019320.
Sarkar, J., Jena, L. K. and Sahoo, K. (2023). Mediating role of need satisfaction on total reward management towards retention: a conceptual framework, Vilakshan - XIMB Journal of Management, 20(2), pp. 210–222. https://doi.org/10.1108/xjm-03-2021-0083.
Satriansyah, H. (2019). Pengaruh work-life balance terhadap kepuasan kerja dengan stres kerja sebagai variabel mediasi’, Fakultas Ekonomi dan Bisnis Universitas Brawijaya, 1(1), pp. 1–19.
Shah, M. and Asad, M. (2018). Effect of motivation on employee retention: Mediating role of perceived organizational support. European Online Journal of Natural and Social Sciences, 7(March), p. 2.
Silaban, H. and Margaretha, M. (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, 7(3), pp. 18–26. https://doi.org/10.18775/ijied.1849-7551-7020.2015.73.2002.
Sinaga, O. and Sijabat, R. (2022). Analisis pengaruh employee motivation, employee empowerment, work life balance terhadap employee retention dengan job satisfaction sebagai variabel mediasi pada pt xyz’, Jurnal Administrasi Bisnis (JAB), 12(1), p. 2022.
Sindhuja, K. and Sekar Subramanian, S. (2020). Impact of work-life balance on employee retention- a study on banking sector, Shanlax International Journal of Management, 7(3), pp. 78–81. https://doi.org/10.34293/management.v7i3.1629.
Tumbel, T. M. (2011) ‘73402-ID-pengaruh-work-life-balance-dan-burnout-t’, pp. 1–8.
Wayan Suryathi, I Made Widiantara and I Wayan Siwantara (2023). Compensation and work environment on employee retention, World Journal of Advanced Research and Reviews, 19(3), pp. 024–028. https://doi.org/10.30574/wjarr.2023.19.3.1764.
Wicaksana, S. A. (2021) Manajemen pengembangan talenta. Available at: https://www.researchgate.net/publication/356781807_Manajemen_Pengembangan_Talenta/link/631df4de873eca0c007d03cf/download
Wong, K., Chan, A. H. S. and Teh, P. L. (2020). How is work–life balance arrangement associated with organisational performance? A meta-analysis, International Journal of Environmental Research and Public Health, 17(12), pp. 1–19. https://doi.org/10.3390/ijerph17124446.
Zainal, N. S. B. et al. (2022). Employee Retention in the Service Industry in Malaysia, Frontiers in Sociology, 7(July), pp. 1–12. https://doi.org/10.3389/fsoc.2022.928951.
Zainee, I. A. and Puteh, F. (2020). Corporate social responsibility impact on talent retention among Generation Y, Revista de Gestao, 27(4), pp. 369–392. https://doi.org/10.1108/REGE-06-2019-0070.
Downloads
Published
How to Cite
Issue
Section
License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Abstract views: 52
,
PDF Downloads: 4
