AN ANALYSIS OF FACTORS INFLUENCING EMPLOYEE INTENTION TO STAY IN START â UP (TECHNOLOGY BASED) COMPANIES IN INDONESIA
In many countries, there has been an increasing number of young people (millennials and generation Z) starting their careers by establishing start-ups which is ultimately resulting in an increased number of start-ups. Start-up companies are companies that aim to create new businesses with a rapidl...
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| Format: | Final Project |
| Language: | Indonesia |
| Online Access: | https://digilib.itb.ac.id/gdl/view/57749 |
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| Institution: | Institut Teknologi Bandung |
| Language: | Indonesia |
| Summary: | In many countries, there has been an increasing number of young people (millennials and generation Z)
starting their careers by establishing start-ups which is ultimately resulting in an increased number of
start-ups. Start-up companies are companies that aim to create new businesses with a rapidly developed
model. Typically, start-ups are businesses that operates in an uncertain or high-risk environment.
However, there is an increasing concern of employee turnover within start-ups especially in technologybased
start-ups. Based on the previous research, technology-based start-ups have to face very high
turnover rates, from 19.22% to 50%. Therefore, this study focuses on analyzing the factors that
influence employee's intention to stay in a start-up (technology-based) company and seeking for
solutions to solve and avoid the problem. This study uses a quantitative method with the object of
research are 488 respondents from start-ups (technology-based) employees in millennials and
generation Z (21 - 40 years old). The independent variables of this study are work-person fit, reward
and recognition, training and development, career opportunities, competitive wages, people and
relationships, flexible work, and organizational reputation and Employee Intention to Stay as the
dependent variable. Results of this study indicate, work-person fit, reward and recognition, competitive
wages, flexible work, and organizational reputation have positive significant which means influences
on employee intention to stay in start-ups (technology-based) companies in Indonesia. With the results
obtained, this study provides valuable input for start-up companies with a set of factors that influence
employees' intention to stay in start-up (technology-based) companies for managing these employees |
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