Exploring employee retention among Gen Y in Oil and gas industry in Malaysia

Gen Y workforce is future and current labor force in the working world. Retaining phenomenal talent especially Gen Y, has always been difficult and poses new challenges. Increasing the number of turnover among gen y employees are really frightening the labor supply among young professional. Turnover intention among Gen Y in Oil and Gas Industry has been found increasingly over the change of time. This research focuses on the independent variables that influence the Gen Y retention which consist of work-life balance, work environment, compensation and benefit, career advancement and opportunities. This research is going to be carried out among Gen Y employees who are working in Oil and Gas industry and the data is going to be collected and gathered through structured questionnaire. This paper explores this young generation of employees at work with other generations and attraction and retention strategies and tactics that can be undertaken by organizations to engage and motivate a high-performance of Gen Y workforce