Retaining Talent in SMEs Malaysia


Yuen, Yee Yen and Tan, Sin Yin (2019) Retaining Talent in SMEs Malaysia. International Journal of Scientific and Technology Research, 1 (1). pp. 796-800. ISSN 2277-8616

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More than 1 Million of employees in SMEs had migrated to other country since 1957. Approximately 38 percent of SMEs worldwide faced problem in finding a suitable talent worker for job position. In order to resolve serious brain drain issues in SMEs, this study is one of the pioneer study in Malaysia that examines the influence of pays, job satisfaction, working conditions, employment benefits, promotional opportunity and intrinsic rewards towards talent retention in SMEs. The researchers spent 3 months from 1 January 2019- 31 March 2019 to collect 200 survey questionnaire, which were distributed to 200 employees aged 18-55 years old in 20 randomly selected SMEs in central region in Malaysia. Multiple linear regression was conducted to identify the significance of each independent variables towards independent variables. Pays (β = 0.211, p-value = 0.003) and promotional opportunity (β = 0350, p-value = 0.003) has significant positive relationship with talent retention. When pays and promotional opportunity increase, talent retention in SMEs will be intensified.

Item Type: Article
Uncontrolled Keywords: Talent retention, SMEs, promotional opportunity.
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD2321-4730.9 Industry > HD2340.8-2346.5 Small and medium-sized businesses, artisans, handicrafts, trades
Divisions: Faculty of Business (FOB)
Depositing User: Ms Suzilawati Abu Samah
Date Deposited: 10 Mar 2022 02:18
Last Modified: 10 Mar 2022 02:18


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