Factors Influencing Employee Retention Among Executive Employees in Semiconductor Industry in Malaysia

DOI

10.2991/978-2-38476-196-8_25How to use a DOI?

Keywords

employee retention; compensation and benefits; training and development; performance appraisal; leadership style; organizational culture

Abstract

While lots of past research concentrated on employee retention out of Malaysia countries, Malaysia’s employee retention issue was being neglected and underexplored. Considering the recent competitive market and the issue of employee retention has become a common manpower issue, especially in the semiconductor industry, this research aimed to provide an empirical response and focus on the factors that influence employee retention among executive employees in the semiconductor industry. This research focuses on 5 factors which include compensation and benefits, training and development, performance appraisal, leadership style, and organizational culture. To examine the relationship proposed in the framework, the questionnaires were distributed online in four of the cities in Malaysia that are believed to have semiconductor industries, which are Melaka, Negeri Sembilan, and Johor Bahru. The statistical analyses were then conducted on the 175 collected responses with the aid of SPSS. The findings demonstrated that compensation and benefits, training and development, leadership style and organizational culture were the factors influencing employee retention. With the findings, the main contribution of this research was the factors that affect employee retention.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Cheah Hui Wen
AU  - Khong Sin Tan
AU  - Yuen Yee Yen
AU  - Kim Piew Lai
PY  - 2024
DA  - 2024/01/25
TI  - Factors Influencing Employee Retention Among Executive Employees in Semiconductor Industry in Malaysia
BT  - Proceedings of the 4th International Conference on Communication, Language, Education and Social Sciences (CLESS 2023)
PB  - Atlantis Press
SP  - 272
EP  - 282
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-196-8_25
DO  - 10.2991/978-2-38476-196-8_25
ID  - Wen2024
ER  -