UGC Approved Journal no 63975

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 6 Issue 2
February-2019
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIRY006049


Registration ID:
196360

Page Number

277-283

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Title

A STUDY ON IMPACT OF HR PRACTICES ON EMPLOYEE RETENTION

Abstract

Employee retention is the ability of organization in making their employees stay within the organization for a longer period of time. Retaining skilled employees is vital to the success of any business. Every organization invests their time and money in making the employees industry ready. The cost of losing an employee effects the productivity, and also increases the expense of recruiting, selecting and training a new employee. Employee retention has become a major concern since past decade, especially for multinational corporations because of globalization. Dissatisfaction with work, low growth prospects etc can be some of the reasons for an employee to leave an organization. With proper HR practices like Rewards & recognitions, policies to maintain work life balance, flexibility in work hours, Fair compensation etc will motivate the employees to continue with the same organization. This paper focuses on finding out the impact of Human Resource practices on retention of employees in two major multinational corporations namely Amazon and Synchrony Financial. Primary data is collected from these two multinational corporations on various aspects of human resource practices like recruitment, training, performance appraisals, rewards, work life balance etc. It aims at understand various HR practices and the impact of these practices of organization on employee’s retention.

Key Words

Retention, Motivation, Work life balance, Employee satisfaction, Performance appraisal.

Cite This Article

"A STUDY ON IMPACT OF HR PRACTICES ON EMPLOYEE RETENTION", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 2, page no.277-283, February-2019, Available :http://www.jetir.org/papers/JETIRY006049.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"A STUDY ON IMPACT OF HR PRACTICES ON EMPLOYEE RETENTION", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 2, page no. pp277-283, February-2019, Available at : http://www.jetir.org/papers/JETIRY006049.pdf

Publication Details

Published Paper ID: JETIRY006049
Registration ID: 196360
Published In: Volume 6 | Issue 2 | Year February-2019
DOI (Digital Object Identifier):
Page No: 277-283
Country: -, -, - .
Area: Engineering
ISSN Number: 2349-5162


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