Citation

Hassan, Hasliza and Sequerah, Andrina and Siddika, Aysa (2026) Retaining millennial professionals: Strategies for sustaining tech industry talent in Malaysia. Problems and Perspectives in Management, 24 (3). 95–106-0. ISSN 17277051

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Abstract

Highly skilled and experienced professionals are essential to most profit-making organizations to sustain and remain competitive. This study aims to examine the central challenge of retaining skilled professionals in Malaysia, a key factor in sustaining organizational competitiveness and long-term profitability. A sample of 200 millennials was used to evaluate the potential for employee retention in relation to work-life balance, work environment, compensation, and supervisor support. Structural equation modeling was used to analyze the hypothesized relationships among the constructs. The analysis shows that compensation (β = 0.353, t = 2.869, p = 0.002, f 2 = 0.153) is the strongest predictor of employee retention, followed by work environment (β = 0.283, t = 1.653, p = 0.049, f 2 = 0.082) and work-life balance (β = 0.246, t = 2.253, p = 0.012, f 2 = 0.097). Together, these three factors explain 66.6% of the variance (R 2 = 0.666) in employee retention, which is considered substantial. In contrast, supervisor support (β = 0.080, t = 0.681, p = 0.248, f 2 = 0.010) does not significantly influence employee retention. Overall, the results show that financial rewards, supportive working conditions, and work-life balance are key drivers of professional retention in Malaysia. Instead of losing highly skilled employees to competitors, it is important to retain them by offering competitive pay, a positive work environment, and a fair work-life balance.

Item Type:	Article
Uncontrolled Keywords:	Compensation, employee retention
Subjects:	H Social Sciences > HD Industries. Land use. Labor > HD2321-4730.9 Industry
Divisions:	Faculty of Management (FOM)
Depositing User:	Ms Rosnani Abd Wahab
Date Deposited:	04 Aug 2026 03:23
Last Modified:	04 Aug 2026 03:23
URII:	http://shdl.mmu.edu.my/id/eprint/16468

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