THE IMPACT OF PSYCHOLOGICAL WELL-BEING AND WORK ENVIRONMENT TOWARD WORK ENGAGEMENT OF MILLENNIAL EMPLOYEE IN JAKARTA - Dalam bentuk buku karya ilmiah

Abstract

As the Millennial generation approaches its peak productive years, it becomes pivotal in fostering the nation's economic advancement. Despite extensive discussions surrounding Millennials, most dialogues are predicated on subjective narratives devoid of empirical substantiation, potentially resulting in detrimental outcomes. It is necessary to enhance millennial employees' psychological well-being and engagement by ensuring a supportive work environment. Consequently, organizations must cultivate an atmosphere that enhances Psychological Well-Being. Various strategies can be employed to achieve this, including providing psychological support for staff, establishing an encouraging and positive Work Environment, and encouraging a balanced work-life dynamic. This study employs Confirmatory Factor Analysis (C.F.A.) to validate or verify the proposed theoretical model. The proposed analytical framework incorporates multiple latent variables assessed through various indicator variables. Structural Equation Modeling (S.E.M.) serves as the methodological instrument for data collection. The demographic focus of this study encompasses millennial employees from Jakarta, totalling 2,828,858 individuals. An error margin of 10% dictated the selection of 250 participants for the study sample. Findings from the analysis indicate that the variables of Psychological Well-Being, Work Environment, and Work Engagement are classified within the 'excellent' range. It has been observed that the variable of Psychological Well-Being exerts influence over the Work Engagement of Millennial Employees in Jakarta. Similarly, the Work Environment is noted to impact the Work Engagement of these employees.