The Effect of Employee Value Proposition (EVP) and Positive Well-being on Indonesian Retail Company Employees’ Intention to Stay: Moderating Role of Psychological Contract and Social Identity

Authors

  • Yohanes Andy LAIYAN Esa Unggul University, Indonesia
  • Rhian INDRADEWA Esa Unggul University, Indonesia

DOI:

https://doi.org/10.38142/ijesss.v4i2.442

Keywords:

Employee Value Proposition, Positive Well-being, Employees Intention to Stay, Psychological Contract, Social Identity

Abstract

This paper attempts to examine the effect of employee value proposition (EVP) and positive well-being on employees’ intention to stay in an Indonesian retail company, with psychological contract and social identity serving as the moderating variable. The data were garnered from 330 respondents using a questionnaire, observation, and literature study. This quantitative study applied Partial Least Square (PLS) regression to analyze the data. The result showed that employee value proposition and positive well-being significantly affect employees’ intention to stay at the company. Psychological contract and social identity were found to positively affect the relationship between EVP and employees’ intention to stay at the company.

Downloads

Download data is not yet available.

References

Aboobaker, N., Edward, M., & Zakkariya, K. A. (2019). Workplace Spirituality, employee Well-being and Intention to Stay: A Multi-group Analysis of teachers' career choice. International Journal of Educational Management, 33(1), 28–44. https://doi.org/10.1108/IJEM-02-2018-0049

Aureliano-Silva, L., Suzane, S., & Vivian, S. (2018). The Relationship between Brand Attachment and Consumers’ Emotional Well-Being. Journal of Relationship Marketing, 17(1), 1–16. https://doi.org/10.1080/15332667.2017.1391058

Laïla, B., & Viot, C. (2021). Employer brand equity affects employees' well-being and loyalty. Journal of Business Research, 126(January), 605–613. https://doi.org/10.1016/j.jbusres.2020.02.002

Berthon, P., Ewing, M., & Hah, L., L. (2005). Captivating company: Dimensions of attractiveness in employer branding. International Journal of Advertising, 24(2), 151–172. https://doi.org/10.1080/02650487.2005.11072912

Raj, A. B. (2020). Impact of employee value proposition on employees' intention to stay: the moderating role of psychological contract and social identity. South Asian Journal of Business Studies, 10(2), 203–226. https://doi.org/10.1108/SAJBS-10-2019-0183

De Vos, A., Meganck, A., & Buyens, D. (2005). The role of the psychological contract in retention management: Confronting HR managers' and employees' views on retention factors and the relationship with employees' intentions to stay. Vlerick Leuven Gent Management School Working Paper Series. Vlerick Leuven Gent Management School, Leuven, (June 2016), 9–10.

Greening, D. W., Turban, D. B. (2000). Attracting a Quality Workforce. Business & Society, 39(3 September), 254–280. https://doi.org/10.1177/000765030003900302

Hair, J. F., Hult, G. T. M., Ringle, C. M., & Sarstedt, M. (2017). A Primer on Partial Least Squares Structural Equation Modeling (PLS-SEM) - Joseph F. Hair, Jr., G. Tomas M. Hult, Christian Ringle, Marko Sarstedt. In Sage. https://doi.org/10.15358/9783800653614

Hair, J. F., Sarstedt, M., & Christian M. R. (2017). Handbook of Market Research. In Handbook of Market Research. https://doi.org/10.1007/978-3-319-05542-8

Hair Jr., J., Black, W., Babin, J. B., & Anderson, E. R. (2014). Multivariate Data Analysis. Statistica Neerlandica (Pearson Ne, Vol. 16). Pearson. 16(I).

Hogg, M. A., & Reid, S. A. (2006). Social identity, self-categorization, and the communication of group norms. Communication Theory, 16(1), 7–30. https://doi.org/10.1111/j.1468-2885.2006.00003.x

Ilies, R., Pluut, H., & Aw, S. S. Y. (2015). Studying employee well-being: moving forward. European Journal of Work and Organizational Psychology, 24(6), 848–852. https://doi.org/10.1080/1359432X.2015.1080241

Löhndorf, B., & Diamantopoulos, A. (2014). Internal Branding: Social Identity and Social Exchange Perspectives on Turning Employees into Brand Champions. Journal of Service Research, 17(3), 310–325. https://doi.org/10.1177/1094670514522098

Mangold, G. W., & Miles, S. J. (2007). The employee brand: Is yours an all-star? Business Horizons, 50(5), 423–433. https://doi.org/10.1016/j.bushor.2007.06.001

Manurung, A. S. (2020). Pengaruh Konsep Diri Terhadap Hasil Belajar Matematika Siswa Kelas Iv Sdn Kenari 07 Pagi Jakarta. Eduscience: Jurnal Ilmu Pendidikan, 5(2), 51–57.

Mariyanti, S. (2017). Profil Psychological Well Being Mahasiswa Reguler Program Studi Psikologi Semester 1 di Universitas Esa Unggul. Jurnal Psikologi?: Media Ilmiah Psikologi, 15(2), 45–50.

Naim, M. F., & Lenkla, U. (2016). Knowledge sharing as an intervention for Gen Y employees’ intention to stay. Industrial and Commercial Training, 48(3), 142–148. https://doi.org/10.1108/ICT-01-2015-0011

Patrick, H. A., & Raghu, B. (2014). Factors affecting employees' willingness to stay in Information Technology Industry. The International Journal of Nepalese Academy of Management, 2(1), 30–50.

Rücker, M. S. (2018). A Critical Evaluation of the Psychological Contract as a Determiner of Behaviour in Organisations. International Journal of Human Resource Studies, 8(1), 180. https://doi.org/10.5296/ijhrs.v8i1.12403

Sokro, E. (2012). Impact of Employer Branding on Employee Attraction and Retention. European Journal of Business and Management, 4(18), 164–173.

Supriyatin, E., Iqbal, M. A., & Indradewa, R. (2019). Analysis of auditor competencies and job satisfaction on tax audit quality moderated by time pressure (a case study of Indonesian tax offices). International Journal of Business Excellence, 19(1), 119–136. https://doi.org/10.1504/IJBEX.2019.101711

Tajfel, H., & Turner, J. (1979). Tajfel Turner 1979.pdf. 47.

Wan, Q., Li, Z., Zhou, W., Weijiao, & Shang, S. (2018). Effects of work environment and job characteristics on the turnover intention of experienced nurses: The mediating role of work engagement. Journal of Advanced Nursing, 74(1), 42–49. https://doi.org/10.1111/ijlh.12426

Wright, T. A., & Bonett, D. G. (2007). Job satisfaction and psychological well-being as nonadditive predictors of workplace turnover. Journal of Management, 33(2), 141–160. https://doi.org/10.1177/0149206306297582

Wright, T. A., & Cropanzano, R. (2007). The Happy/Productive Worker Thesis Revisited. Research in Personnel and Human Resources Management, 26(August 2007), 269–307. https://doi.org/10.1016/S0742-7301(07)26006-2

Downloads

Published

2023-05-31