Retention continues to be a top business concern. Retention is the ability to keep employees from voluntarily leaving. Without a workforce, companies cannot execute their mission, which results in a loss of revenue. Companies focused on the retention of their workforce use the total rewards package to retain employees. One component of the rewards package is well-being. Well-being comprises multiple components, some of which have been identified as reasons for the wave of recent resignations. Well-being is when employees "have the psychological, social, and physical resources they need to meet a particular psychological, social, and/or physical challenge" (Dodge et al., 2012, p. 230). My systematic review of the topic relies on scientific literature to assess whether well-being can influence the retention of Gen Y, the largest percentage of the workforce, and offers recommendations. My review of the literature found six articles that identify four components of well-being that are important to Gen Y. These components include work-life, work environment, job content, and altruism.

Well-Being in Gen Y Employee Retention: A Critically Appraised Topic