Organizational career development and retention of millennial employees: role of job satisfaction, organizational engagement and employee empowerment

Purpose The study aims to examine the relationship between organizational career development (OCD) and employee retention (ER) with job satisfaction (JS) and organizational engagement as the mediating variables and employee empowerment (EE) as moderating variable between the relationship of OCD and JS. Design/methodology/approach A total of 422 respondents – employees working in information technology (IT) company in India – were collected and subjected to analysis through structural equation modelling (SEM). Findings There is a positive relationship between OCD and ER, where JS and organizational engagement acts as mediating variables. The study also shows the existence of moderating impact of EE in the relationship between OCD and JS. Originality/value The contribution of the study comes from establishing the role played by JS, organizational engagement and EE in the relationship between OCD and ER.