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Malaysian's savings rate has declined in recent years. The last generation was more disciplined about savings. However, it seems that nowadays, Malaysians, in general, tend to save less. The growth of individual savings has been declined since 2017. According to a survey conducted in Malaysia in 2019, 35 percent of respondents saved less than 500 Malaysian Ringgit monthly. In 2018, the highest group of respondents who saves money frequently was people between the age of 15 to 24 years, with around 73 percent. Therefore, the purpose of this research was to investigate the determinants of saving behaviour of private-sector employees in Malaysia. Questionnaires were distributed to the 150 employees at a local financial institution. The sampling procedure adopted in this research was purposive sampling. Mean and standard deviation were computed for descriptive analysis as well as reliability analysis were also tested to examine the internal consistency of the items in the respective factors. Multiple regression analysis was used primarily to test the hypothesis proposed. The results of this study posited that financial knowledge and retirement planning have a strong influence on saving behaviour, while financial planning was found to be the least important factor in saving behaviour.

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