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The Structural Relationship between Employment Insecurity and Turnover Intention of Beauty Industry Employees

East Asian Journal of Business Economics / East Asian Journal of Business Economics, (E)2288-2766
2023, v.11 no.2, pp.91-108
https://doi.org/10.20498/eajbe.2023.11.2.91
SHIN EUN JUNG
Ki Han Kwon

Abstract

Purpose – This research paper empirically analyzes the effect of changes in the employment environment due to the 4th industrial revolution on the turnover intention of cosmetic employers and employees and seeks the necessary measures for job instability in the industrial field. Research design, data, and methodology – A self-report questionnaire was conducted on 513 cosmetic implementers. Statistical processing of the data collected by the data analysis method was analyzed using the Statistical Package for Social Science (SPSS) WIN23.0 statistical package program through data coding and data organizing process. Results – Changes in the employment environment were found to have a significant effect on the effect of job instability (t=13.218, p<0.05). As for the effect of organizational commitment on turnover intention, the higher the organizational commitment, which is a parameter, has a negative (-) effect on turnover intention, a dependent variable (p<0.05). Conclusions – Our results are based on an analysis that allows cosmetic employers and workers to explore ways to address job insecurity. Based on the analysis results, it will help the growth of the cosmetics industry by providing basic data for the identity of the cosmetics industry and the development of the cosmetics service organization.

keywords
Employment Insecurity, Turnover Intention, Beauty Industry Employees, Cosmetic Industry, 4th Industrial Revolution

East Asian Journal of Business Economics