The Impact of Training and Development, Job Satisfaction and Job Performance on Young Employee Retention

Abstract

This study aims to identify and evaluate the relationship between training and development, employee performance, and job satisfaction that affects the retention of youngemployees. The study was carried out in respondents who have known the retention of young employee’s factors in the organization in Vietnam or university students in economics.The authors used quantitative method which employing Multiple Linear Regression to investigate the hypotheses. The researcher gathered data from 351 people using a detailed questionnaire.The findings revealed that there is a positive relationship between training and development and young employee retention (r = 0.599**, p < 0.01), a positive relationship between job satisfaction and young employee retention (r = .561**, p < 0.01) and a positive relationship between job performance and young employee retention (r = .517**, p < 0.01). The regression model showed that the predictor variables explain at least 43.8% of the variance in employee commitment (Adjusted R Square = .438).This study is one of the pioneers to extend the young employee retention debate to Vietnam organizations. It provides an explanation with empirical evidence by demonstrating that training and development, job satisfaction, and job performance extend a direct positive effect on young employee retention in the Vietnam organizations. The study also demonstrates that, in the Vietnam organizations, job satisfaction, job satisfaction, and job performance helps to partially transmit the effect of young employee retention. This study further builds a model that will help researchers and practitioners in investigating and explaining young employee retention in Vietnam organizations.

Keywords: Training and Development, Job Satisfaction, Job Performance, Young Employee Retention

JEL Classification: M3