This study aims to analyze the effect of
leadership and training on performance through
motivation as an intervening variable at PT. Madani
National Capital (Persero). Based on the results of
research from Dale Carnegie Indonesia that 25% of the
millennial generation has no attachment to the company.
This phenomenon also occurs in PT PNM where almost
95% of the turnover is millennial employees. HR is an
asset for the company so that employee performance will
have an impact on company performance. Leadership and
training are very important factors in the development of
an organization. Work motivation is a work urge that
arises in an employee to do certain jobs or activities so
that motivation has an important role in the organization
which will have an impact on employee performance. The
population subject of this research are employees of PT.
Permodalan Nasional Madani (Persero) who are under 40
years old in the Jabodetabek working area. Subjects that
were used as samples were 877 respondents using the
Structural Equational Modeling (SEM) method with IBM
SPSS Amos 22 tools. The results of this study revealed
that: 1) Leadership had a positive and significant effect on
performance; 2) Training has a positive and significant
effect on performance; 3) Leadership has a positive and
significant effect on motivation; 4) Training has a positive
and significant effect on motivation; 5) Motivation has a
positive and significant effect on performance.
Keywords : Leadership, Training, Work Motivation, Millennial Employees, Employee Performance.