Abstract
Generation Y (Gen Y) employees have been currently the key workforce of today’s society. They are considered a competent and experienced employee generation, who contribute significantly to social development. However, the organizational commitment of Gen Y employees is declining, affecting the efficiency of organizations. Based on the analysis results of a survey sample of 242 millennial employees at Hanoi-based businesses, the study examines the influence of six factors, including job satisfaction, working conditions, work–life balance, supervisor support, career development opportunities, and compensation and benefits on the organizational commitment of millennial employees. Research result shows that these factors have significant influences on organization commitment of Gen Y, in which job satisfaction has the greatest impact; compensation and benefits have the smallest impact. Accordingly, the article proposes some implications to improve the organizational commitment of millennial employees in the coming time.