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Well-Being In Gen Y Employee Retention: A Critically Appraised Topic, Janine Smith

Engaged Management ReView

Retention continues to be a top business concern. Retention is the ability to keep employees from voluntarily leaving. Without a workforce, companies cannot execute their mission, which results in a loss of revenue. Companies focused on the retention of their workforce use the total rewards package to retain employees. One component of the rewards package is well-being. Well-being comprises multiple components, some of which have been identified as reasons for the wave of recent resignations. Well-being is when employees “have the psychological, social, and physical resources they need to meet a particular psychological, social, and/or physical challenge” (Dodge et al., …