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

Hana Silaban,Meily Margaretha

doi:10.18775/ijied.1849-7551-7020.2015.73.2002

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.

Highlights

In the current era of globalisation, competition between companies is increasing along with the pace of global economic growth
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
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%

Summary

Introduction

In the current era of globalisation, competition between companies is increasing along with the pace of global economic growth. Companies demand that the human resources involved in it must be able to compete, survive and win the competition (Ganapathi, 2016). To achieve the targets that have been given, in general, currently many companies have been implemented work life balance. By implementing work-life balance programs in the company, employees will not spend their time doing their works only. They can still have a life outside the works, for example, their families, and their social works, it creates a balance that will make employees happier and more satisfied to do their work life

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