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What are Turnover decision making factors? - A comparative study between Generation Y and Generation X in Sweden on how different factors weigh in the decision to stay or resign from a workplace.

Mårtensson, Ida Karolina LU and Zemliak, Daria LU (2023) PSYK11 20231
Department of Psychology
Abstract (Swedish)
Denna studie genomfördes i Sverige med syftet att erbjuda ett nytt perspektiv på ämnet turnover och hur olika faktorer påverkar beslutet att säga upp sig från jobbet eller stanna kvar. Med detta syfte undersökte studien de sex faktorerna lön och förmåner, miljö, karriärmöjligheter, kollegiala aspekter, meningsfullhet och balans mellan arbete och privatliv, som har ansetts vara några av de mest inflytelserika när man fattade det beslutet att lämna eller stanna kvar på en arbetsplats. Vidare undersöktes eventuella skillnader och likheter mellan Generation X, födda 1960-1978, och Generation Y, födda 1979-1995. Studien genomfördes med hjälp av en kvantitativ enkät med hypotetiska uttalanden, som skickades ut till deltagarna via sociala medier... (More)
Denna studie genomfördes i Sverige med syftet att erbjuda ett nytt perspektiv på ämnet turnover och hur olika faktorer påverkar beslutet att säga upp sig från jobbet eller stanna kvar. Med detta syfte undersökte studien de sex faktorerna lön och förmåner, miljö, karriärmöjligheter, kollegiala aspekter, meningsfullhet och balans mellan arbete och privatliv, som har ansetts vara några av de mest inflytelserika när man fattade det beslutet att lämna eller stanna kvar på en arbetsplats. Vidare undersöktes eventuella skillnader och likheter mellan Generation X, födda 1960-1978, och Generation Y, födda 1979-1995. Studien genomfördes med hjälp av en kvantitativ enkät med hypotetiska uttalanden, som skickades ut till deltagarna via sociala medier och e-post. Totalt bestod studien av 104 deltagare. Oberoende t-tester samt Mann-Whitneys U-test genomfördes för att jämföra nivåerna av varje faktor mellan de två generationerna.
Resultaten visade att även om det inte fanns några stora skillnader i hur de två generationerna värderade varje faktor eller hur de vägde in dem i beslutet att säga upp sig eller inte, så visade det ändå att dessa faktorer är mycket viktiga för båda generationerna. Dessa fynd diskuteras eftersom resultaten tyder på att en möjlig kombination av alla eller några faktorer leder till beslutet att lämna arbetsplatsen. (Less)
Abstract
This study was conducted in Sweden with the motivation to provide a new perspective on the topic of turnover, specifically how different factors may affect turnover decision making. With this aim, the study examined the six factors salary and benefits, environment, career opportunities, collegial aspects, meaningfulness, and work/life balance, that have been regarded as some of the most influential when making that decision to resign or remain at a workplace. It also examined potential differences and similarities between Generation X, born 1960-1978 and Generation Y, born 1979-1995. The study was conducted using a quantitative survey with hypothetical statements, which was sent out to participants through social media and email. There... (More)
This study was conducted in Sweden with the motivation to provide a new perspective on the topic of turnover, specifically how different factors may affect turnover decision making. With this aim, the study examined the six factors salary and benefits, environment, career opportunities, collegial aspects, meaningfulness, and work/life balance, that have been regarded as some of the most influential when making that decision to resign or remain at a workplace. It also examined potential differences and similarities between Generation X, born 1960-1978 and Generation Y, born 1979-1995. The study was conducted using a quantitative survey with hypothetical statements, which was sent out to participants through social media and email. There were a total of 104 participants in the study. Independent t-tests as well as Mann-Whitney’s U-test were conducted in order to compare the levels of each factor between the two generations.
Results showed that though there were no major differences in how each generation valued each factor, or how they weighed it in with how they would decide turnover, it still showed that these factors are highly considered among both generations. These findings are discussed as the results suggest a combination of all or some factors that leads to the dealbreaking decision. (Less)
Please use this url to cite or link to this publication:
author
Mårtensson, Ida Karolina LU and Zemliak, Daria LU
supervisor
organization
course
PSYK11 20231
year
type
M2 - Bachelor Degree
subject
keywords
Generation X, Generation Y, millennials, generationsomsättning, arbetsplats, generational turnover, workplace.
language
English
id
9121810
date added to LUP
2023-06-16 08:13:51
date last changed
2023-06-16 08:13:51
@misc{9121810,
  abstract     = {{This study was conducted in Sweden with the motivation to provide a new perspective on the topic of turnover, specifically how different factors may affect turnover decision making. With this aim, the study examined the six factors salary and benefits, environment, career opportunities, collegial aspects, meaningfulness, and work/life balance, that have been regarded as some of the most influential when making that decision to resign or remain at a workplace. It also examined potential differences and similarities between Generation X, born 1960-1978 and Generation Y, born 1979-1995. The study was conducted using a quantitative survey with hypothetical statements, which was sent out to participants through social media and email. There were a total of 104 participants in the study. Independent t-tests as well as Mann-Whitney’s U-test were conducted in order to compare the levels of each factor between the two generations. 
Results showed that though there were no major differences in how each generation valued each factor, or how they weighed it in with how they would decide turnover, it still showed that these factors are highly considered among both generations. These findings are discussed as the results suggest a combination of all or some factors that leads to the dealbreaking decision.}},
  author       = {{Mårtensson, Ida Karolina and Zemliak, Daria}},
  language     = {{eng}},
  note         = {{Student Paper}},
  title        = {{What are Turnover decision making factors? - A comparative study between Generation Y and Generation X in Sweden on how different factors weigh in the decision to stay or resign from a workplace.}},
  year         = {{2023}},
}