An Investigation on Extrinsic and Intrinsic Rewards on Employee Retention among Gen Y: A Study in Malaysian Manufacturing Companies

Q4 Economics, Econometrics and Finance

Journal of Business Valuation and Economic Loss Analysis Pub Date : 2020-01-01 DOI:10.36924/sbe.2020.3104

Z. Hassan, Chandrakalaa Govindhasamy

引用次数: 2

Abstract

The aim of this study is to investigate the relationship between extrinsic and intrinsic reward on retention among Gen Y employees in Malaysian manufacturing companies. The data was collected from 113 respondents worked in manufacturing companies located in Seri Kembangan, Selangor using questionnaires. Multiple regression analysis was conducted to test the hypotheses. The results showed both extrinsic and intrinsic reward are the factors influencing retaining Gen Y in manufacturing companies. The discussion on the analysis, limitation of the study, recommendation for future research and conclusion were discussed at the end of this study. In a nutshell, it was proven extrinsic reward and intrinsic reward has contributed to the retention of Gen Y employees.

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外部和内在奖励对Y世代员工留任的影响研究——以马来西亚制造业企业为例

本研究的目的是调查在马来西亚制造公司的Y世代员工的外部和内在奖励之间的关系。数据是从位于雪兰莪州Seri Kembangan的制造公司工作的113名受访者中收集的。采用多元回归分析对假设进行检验。结果表明，外在奖励和内在奖励都是影响制造企业挽留Y世代员工的因素。最后讨论了本研究的分析、研究的局限性、未来研究的建议和结论。简而言之，这证明了外在奖励和内在奖励对Y一代员工的留存有贡献。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Business Valuation and Economic Loss Analysis Economics, Econometrics and Finance-Finance

CiteScore

0.40

自引率

0.00%

发文量

期刊介绍： The Journal of Business Valuation and Economic Loss Analysis (JBVELA) is a refereed academic journal that publishes continuously throughout the year and is co-edited by Bradley Ewing and James Hoffman. The mission of the Journal of Business Valuation and Economic Loss Analysis is to improve the practice of business valuation, economic loss analysis, and risk management by helping to inform academics, practitioners, and attorneys about theoretical and practical developments in these fields.