The Role of Psychological Capital, Quality of Work Life, and Perceived Job Opportunity on Turnover Intention in Millennials (Study on PT. X Business Unit)

Millennials are well-known as a job-hopping generation. The process of quitting the job starts with a turnover intention. An employee’s intention to quit is affected by factors from within the individual, organization, and external environment. Therefore, this study aims to examine the role of psychological capital, quality of work life, and perceived job opportunity on turnover intention in Millennials at PT. X’s business unit. This research is conducted by applying quantitative methods and participants involved are 73 millennial employees at PT X’s business unit. According to the result of multiple linear regression analysis, it is shown that psychological capital, quality of work life, and perceived job opportunity contributes 38,5% toward turnover intention. Partially, it is found that psychological capital does not have a significant role toward turnover intention.