scholarly journals The Effect of Job Satisfaction and Work-life Balance on Employee Turnover Intention in Real Estate Industry

2021 ◽  
Vol 4 (2) ◽  
pp. 45-68
Author(s):  
Nadira Fasya Herliana ◽  
Agung Wahyu Handaru ◽  
Widya Parimita
Keyword(s):  
Job Satisfaction ◽  
Real Estate ◽  
Generation Y ◽  
Turnover Intention ◽  
Work Life ◽  
Work Life Balance ◽  
Real Estate Industry ◽  
Life Balance ◽  
The Real ◽  
The Real Estate

This study aims to: 1) To find out the description of job satisfaction, work-life balance, and turnover intention of generation Y employees in the real estate industry in Kebon Sirih, Central Jakarta, 2) To find out the effect of job satisfaction on turnover intention of generation Y employees in the real estate industry in Kebon Sirih, Central Jakarta, 3) To find out the effect of work-life balance on turnover intention of generation Y employees in the real estate industry in Kebon Sirih, Central Jakarta, 4) To find out how much the contribution of job satisfaction and work-life balance to turnover intention of generation Y employees in the real estate industry in Kebon Sirih, Central Jakarta. This research was conducted on 104 generation Y employees in the real estate industry in Kebon Sirih, Central Jakarta. Data collection technique using survey methods by distributing questionnaire which then processed with SPSS software version 25. This research used descriptive and explanatory analysis. The result of this study shows that the level of job satisfaction and work-life balance of generation Y employee in the real estate industry in Kebon Sirih, Central Jakarta are low, the level of turnover intention of generation Y employees in the real estate industry in Kebon Sirih, Central Jakarta is high, job satisfaction has a negative and significant effect on turnover intention, work-life balance has a negative and significant effect on turnover intention, and the model of job satisfaction and work-life balance can predict turnover intention of generation Y employee in the real estate industry in Kebon Sirih, Central Jakarta.

Do intrinsic rewards matter for real estate agents?

2020 ◽  
Vol 13 (2) ◽  
pp. 207-222
Author(s):  
Pilar Mosquera ◽  
Maria Eduarda Soares ◽  
Daniela Oliveira
Keyword(s):  
Job Satisfaction ◽  
Real Estate ◽  
Turnover Intention ◽  
Real Estate Industry ◽  
Intrinsic Rewards ◽  
Content Type ◽  
The Real ◽  
The Real Estate ◽  
Gender And Age ◽  
Gender And Age Differences

Purpose Rewards’ management has long been used as a panacea to promote job satisfaction and labour retention. However, the relationship between these variables is not clearly defined in the real estate industry, due to the scarcity of empirical studies. The purpose of this study is to evaluate the role of both satisfaction with intrinsic rewards (SIR) and satisfaction with extrinsic rewards (SER) on job satisfaction and turnover intention in the real estate industry. Design/methodology/approach Using a sample of 220 employees from the three largest real estate agencies in Portugal, the study analyses a conceptual framework and tests hypotheses by using partial least squares (PLS), along with importance-performance map analysis (IPMA). Findings Results indicate that both SIR and SER have a positive impact on job satisfaction. However, SER has a stronger impact on job satisfaction. Satisfaction with rewards and job satisfaction are negatively related to turnover intention. Job satisfaction mediates the relationship between satisfaction with rewards and turnover intention. Results also show gender and age differences. SIR is more important for women and younger agents. SER has similar importance for men and women, but higher importance for older agents. Research limitations/implications Findings of this study extend the existing literature on rewards satisfaction and turnover intention to the context of the real estate industry. They present a contribution to the current debate on extrinsic vs intrinsic rewards for this particular industry. Practical implications Following the results of this research, real estate managers should consider intrinsic rewards because they also play a role for job satisfaction and turnover intentions. Human resource managers should consider identifying employees’ needs and motivations and then implement adequate strategies to promote their job satisfaction because it plays a mediating role between satisfaction with rewards and turnover intention. Reward strategies should also consider gender and age differences by giving women and younger agents more recognition, responsibilities and other intrinsic rewards because they are important for their job satisfaction. Originality/value Previous studies on real estate agents rewards appear to have only focussed on extrinsic rewards. To the best of the knowledge, this is the first study to analyse the effects of SIR on job satisfaction and turnover intention in the real estate industry. Also, to the best of the knowledge, this study is original in the use of IPMA to detect gender and age differences.

scholarly journals ANALISIS TURNOVER INTENTION KARYAWAN GENERASI Y DI PROVINSI BANTEN SERTA FAKTOR YANG MEMPENGARUHINYA

2019 ◽  
Vol 2 (1) ◽  
Author(s):  
Nafiudin Nafiudin
Keyword(s):  
Job Satisfaction ◽  
Turnover Intention ◽  
Work Life ◽  
Work Life Balance ◽  
Life Balance ◽  
Turn Over

Penelitian ini bertujuan untuk mengetahui faktor-faktor yang mempengaruhi turnover intention karyawan generasi Y di provinsi Banten, adapun yang menjadi variabel bebas adalah work life balance dan kepuasan kerja sedangkan variabel teriktatnya adalah turnover intention. Metode penelitian yang digunakan dalam penelitian ini adalah metode kuantitatif dengan pendekatan asosiatif deskriptif dan untuk menjawab hipotesis dalam penelitian ini, maka digunakanlah uji t dan Uji F, adapun populasi dalam penelitian ini adalah sebanyak 135 dan data penelitian diperoleh dengan penyebaran kuesioner. Dan untuk pengolahan data menggunakan program SPSS.20. Berdasarkan hasil analisis dengan menggunakan regresi linier berganda, bahwa secara simultan variable work life balance, dan job satisfaction mempengaruhi turnover intention karyawan generasi y di provinsi banten. Sedangkan secara parsial hanya variable job satisfaction yang mempengaruhi turnover intention. Oleh karena itu sebaiknya perusahaan perusahaan yang berada di wilayah provinsi banten harus memperhatikan job satisfaction karyawan generasi y.Kata Kunci: Work Life Balance; Kepuasan Kerja ; Turn Over Intention

scholarly journals Investigating the Determinants of Work-life Balance (WLB): Insights from Generation Y Employees in Sri Lanka

2020 ◽  
pp. 142-154
Author(s):  
W. D. N. S. M. Tennakoon ◽  
R. B. C. P. Senarathne
Keyword(s):  
Job Satisfaction ◽  
Sri Lanka ◽  
Generation Y ◽  
Action Plan ◽  
Work Life ◽  
Work Life Balance ◽  
Multivariate Techniques ◽  
Cross Sectional ◽  
Life Balance ◽  
Response Rate Data

Aims: Previous studies show a significant attitudinal difference between Generation Y and others in the context of Work-Life Balance. The present study aimed at finding promising factors and the magnitude of them in affecting Work-Life Balance of Generation Y employees. Study Design: The study was a quantitative, cross-sectional inquiry of the determinants of Work-Life Balance which equipped an email survey (N = 213). Place and Duration of Study: The was primarily based on Kandy District of Sri Lanka. Approximately, the study stood for six months (February 2019 to August 2019). Methodology: Determinants of Work-Life Balance, namely; Flexibility & freedom, Motivation, Job satisfaction, Feedback & support and Technological adaption were tested for their influence over Work-Life Balance. The survey instrument had 32 items of which the responses were measured against a five-point Likert scale. A Google form of the instrument was e-mailed to respondents (85.2% response rate). Data was analyzed using univariate and multivariate techniques. Results: Results of multiple regression analysis detected Job satisfaction (β = .287; p < .001), Flexibility & freedom (β = .198; p < .001) and Feedback & support (β = .181; p < .001) as principal determinants of the Work-Life Balance of Generation Y employees. Technological adaption (p >.001) and Motivation (p > .001) found insignificant in affecting Work-Life Balance of Generation Y employees.  Conclusion: The study was theoretically profound as it refined determinants of Work-Life Balance determinants specific to Generation Y. Practically, findings are useful in crafting any action plan towards enhancing Work-Life Balance of Generation Y employees who are currently the most active group in the workforce.

scholarly journals The Impact of Work-Life Balance on Employees’ Job Satisfaction and Turnover Intention; the Moderating Role of Continuance Commitment

2015 ◽  
Vol 51 ◽  
pp. 33-41 ◽  
Author(s):  
Marjan Fayyazi ◽  
Farshad Aslani
Keyword(s):  
Job Satisfaction ◽  
Turnover Intention ◽  
Negative Relationship ◽  
Work Life ◽  
Work Life Balance ◽  
Life Balance ◽  
Continuance Commitment ◽  
The Impact ◽  
Moderating Role

Work-life imbalance has several negative impacts on employees’ attitudes and behaviors and consequently influences organizations’ performance and effectiveness. The purpose of this article is to investigate the impact of work-life balance (WLB) on employees’ job satisfaction and turnover intention. Moreover, we study the moderating role of continuance commitment on job satisfaction – turnover intention relationship. Regression analysis was used to analyze the data collected from 265 questionnaires completed by employees in an Iranian industrial company. The findings supported that WLB has a significant positive relationship with job satisfaction, and a significant negative relationship with turnover intention. Besides, job satisfaction fully mediates the WLB – turnover intention relationship. The main contribution of the paper is that we found continuance commitment moderates the relationship between job satisfaction and turnover intention. Therefore, employees with low levels of WLB and job satisfaction do not necessary have high turnover intention, unless they have low continuance commitment

scholarly journals Work-life balance, job satisfaction and turnover intention amongst information technology employees

2019 ◽  
Vol 20 (1) ◽  
pp. 446-467 ◽  
Author(s):  
R M Oosthuizen ◽  
M Coetzee ◽  
Z Munro
Keyword(s):  
Job Satisfaction ◽  
Information Technology ◽  
Turnover Intention ◽  
Work Life ◽  
Work Life Balance ◽  
Negative Consequences ◽  
Life Balance ◽  
Home Work ◽  
Talent Retention ◽  
Black Employees

Talent retention is of particular concern in the information technology (IT) sector owing to globalisation, the skills shortage and rapidly advancing technology. Employee turnover has significant costs and negative consequences for organisations. The objective of this study was to explore the association between employees’ experiences of work-life balance (as measured by the Survey Work-Home Interaction- Nijmegen), job satisfaction (as measured by the Minnesota Satisfaction Questionnaire) and their turnover intention (as measured by the Turnover Intention Scale). A random sample of 79 permanently employed salaried employees in a South African IT company participated in the study. The participants were represented by predominantly white and married people between the ages of 26 and 45 and people with more than 10 years’ tenure. Regression analysis showed that experiences of negative work-home interaction and positive work-home interaction significantly predicted job satisfaction and turnover intention. Job satisfaction also significantly predicted turnover intention. However, no interaction effect was observed between overall work-life balance and job satisfaction in predicting turnover intention. White employees had significantly stronger experiences of job satisfaction and negative home-work interface, while black employees had significantly stronger positive experiences of home-work interface and lower levels of job satisfaction. White and black employees, marital status and tenure groups differed significantly regarding their job satisfaction. Talent retention strategies should consider the relationships between work-life balance, job satisfaction and turnover intention.

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