Effect of Employee Well-Being on Turnover Intention of Millennial Employees

The purpose of this paper is to study the effect of the four types of employee well-being based on the circumplex model: work engagement, job satisfaction, burnout, and workaholism, to turnover intention. This study also explored the role of religiosity in turnover intention. The study involved a survey of 300 millennial employees in Jakarta, Indonesia. The data were analyzed using a moderated regression model using AMOS 23.0 software. The results suggested that burnout and workaholism were positively and significantly affect turnover intention. However, there was no significant effect found on work engagement and job satisfaction on turnover intention and the mediating role of religiosity. This study also showed that employee well-being significantly affects the turnover intention of millennial employees. It implied that organizations should concern about their employee well-being and ensure to lessen their burnout and avoid them to become workaholics to minimize the turnover intention.