Title: TALENT RETENTION: EXAMINING HUMAN RESOURCE DEVELOPMENT AND WORK-LIFE BALANCE IN THE MALAYSIA'S MANUFACTURING INDUSTRY
Authors: Chee Wee Tee, Khulida Kirana Yahya, Johanim Johari, Malaysia
Abstract: Talent retention is considered as one of the crucial challenge in today workplace. The high turnover rate across the industry impacts the business performance and competitiveness. This study focuses on the manufacturing industry which involveda large number of talented employees. The Gen Ys was the target respondents and they are the future dominating cohorts in the next decade. This study examines two independent variables namely human resource development and work-life balance on talent retention in the manufacturing industry. A total of 1000 questionnaires were distributed among employees who are between the ages of 25 to 34 years across the manufacturing industry. The collinearity test for independent variables and predictive power are tested in this study. The findings showed that human resource development have significant relationship on talent retention while work-life balance does not showed significant relationship towards talent retention.