International Journal of Research Studies in Management
CollabWritive Special Issue
2025 Volume 13 Issue 5
Available Online: 13 June 2025
Author/s:
Canopin, Karen Mae J.
Graduate School, Lyceum of the Philippines University – Batangas, Philippines (kcanopin@yahoo.com / karencanopin1@gmail.com)
Abstract:
This study explored the interconnections between career development, work engagement, and employee retention within organizations. As the modern workforce evolves, understanding the factors that influence employee’s satisfaction and commitment has become paramount. Career development initiatives, including training programs, mentorship, and clear advancement pathways, are shown to significantly enhance work engagement, leading to increased productivity and job satisfaction. Furthermore, engaged employees are more likely to exhibit loyalty to their organizations, thereby improving retention rates. The research respondents are 420 millennial employees working in different IT Companies in Metro Manila. A survey questionnaire was used for this data collection. The findings indicated that there is strong evidence in work engagement amongst employees in terms of cognitive, affective, and behavioral engagement, a significant relationship between career development, employee retention and work engagement, and a high significant relationship between positive work environment and culture and employee well-being towards work engagement as well as work-life integration and work engagement. Understanding the interplay between career development, employee retention, and work engagement is essential for creating a robust talent development framework within organizations. Each of these factors significantly influences how talent is nurtured and retained, ultimately impacting organizational success. Career development initiatives help align individual aspirations with organizational objectives. High employee retention rates reduce the costs associated with recruiting and training new hires. Organizations that focus on retaining talent through effective development programs can significantly lower turnover expenses. Engaged employees are more likely to perform at higher levels, contributing to the organization’s success. Their commitment to their roles often translates into better service delivery and innovation. Integrating these factors will effectively integrate career development, employee retention, and work engagement into a talent development framework for the perusal of the organizations. Furthermore, by focusing on these implications and strategies, organizations can create a comprehensive talent development framework that nurtures talent, enhances employee’s satisfaction, and drives overall success.
Keywords: career development, employee retentions, improved talent development framework, millennials, work engagement
DOI: https://doi.org/10.5861/ijrsm.2025.25066
Cite this article:
Canopin, K. M. J. (2025). Career development, employee retention and work engagement among millennials: Basis for improved talent development framework. International Journal of Research Studies in Management, 13(5), 133-145. https://doi.org/10.5861/ijrsm.2025.25066