Green human resource management practices and millennial employees' retention in small and medium enterprises: The moderating impact of creativity climate from a developing country perspective

Islam, Md Asadul, Mendy, John, Haque, A K M Ahasanul and Rahman, Mahfuzur (2022) Green human resource management practices and millennial employees' retention in small and medium enterprises: The moderating impact of creativity climate from a developing country perspective. Business Strategy and Development . ISSN 2572-3170

Full content URL: https://doi.org/10.1002/bsd2.202

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Green human resource management practices and millennial employees' retention in small and medium enterprises: The moderating impact of creativity climate from a developing country perspective
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Abstract

Drawing on Social Exchange Theory (SET), this paper examines the gap in the application of green human resource management practices (GHRM-Ps) and its effectiveness on millennial employees’ retention. This study employed quantitative analysis based on surveys using a sample of 389 respondents from different small and medium enterprises (SMEs) located in the Dhaka Division of Bangladesh. The results show a positive relationship between green training and development and green reward and millennial employees’ retention. However, the results show a negative relationship between green recruitment and selection, green involvement, green performance management and millennial employees’ retention. Additionally, we found that applying green training and development and green reward are most beneficial both individually and organisationally. This study’s contribution to SET is referred to as ‘green creativity climate’ as we have found it to be a significant moderator that helps business leaders and HR practitioners understand which green practices are most effective in retaining the services of an elusive part of the workforce such as millennial employees. Our proposed model highlights how a green creativity climate can foster a new social exchange bond between SMEs and millennials and thereby mitigate against the resource difficulties and performance deficits partly triggered by millennial turnovers.

Keywords:Green human resource management practices, Millennials, Employee retention, Social Exchange Theory, Green creativity climate, Small and Medium Enterprises
Subjects:N Business and Administrative studies > N200 Management studies
Divisions:Lincoln International Business School
ID Code:48054
Deposited On:09 Mar 2022 14:19

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