The factors that influence employee turnover rate among the fresh graduate employees

Leong, Weng Kent (2024) The factors that influence employee turnover rate among the fresh graduate employees. Final Year Project, UTAR.

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Abstract

This study investigates the factors influencing the employee turnover rate among fresh graduates in Malaysia. The research examines how career development, compensation, job stress, workload, and workplace environment contribute to turnover intentions. Using a quantitative research method, data was collected through a questionnaire survey of fresh graduates working in the Klang Valley. The results revealed significant relationships between these factors and employee turnover rates. Specifically, inadequate career development opportunities and compensation dissatisfaction were identified as key drivers of turnover. High job stress and excessive workloads further exacerbate turnover intentions, while a negative workplace environment fosters disengagement. This study highlights the need for organizations to implement retention strategies focusing on improving career growth opportunities, fair compensation, stress management, and creating a supportive work environment to reduce turnover rates. These findings provide valuable insights for both employers and policymakers to address turnover challenges among Malaysia’s fresh graduate workforce. This study collected data from target respondents from multiple universities in Malaysia through an online questionnaire survey. Before the questionnaire was officially distributed, we first conducted a reliability test to ensure the accuracy and credibility of the data. The results of the survey were then analyzed using SPSS software for multiple regression analysis to reveal the deeper meaning of the data. In the last part of the study, we discussed the main findings of the study in detail, analyzed the limitations of the study, and put forward a series of constructive suggestions for future in-depth exploration of related areas. Keywords: Employee Turnover Rate, Career Development, Compensation, Job Stress, Workload, Workplace Environment

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