Employee Engagement, Job Satisfaction and Intention to stay among Millennial IT Employees in India: A Structural Equation Modelling Approach

This research proposes to explore the effects of employee engagement and job satisfaction on the intention to retain millennial employees employed in India’s IT sector. Utilizing a survey methodology with a sampling of 384 participants, and employing the Structural Equation Model, the first step of this research validates the measurement model by conducting confirmatory factor analysis, reliability, and validation analysis. The outcomes of this research reveal a strong positive relationship between employee engagement and job satisfaction and a strong positive relationship between employee engagement and intention to retain, where job satisfaction is a significant predictor of the intention to retain. The results of the mediation analysis also explain that job satisfaction partially mediates the relationship between employee engagement and the intention to retain, explaining that there is a greater probability of retaining an engaged employee, who in turn is satisfied with their occupation.