Impact of Human Resource Practices on Employee Retention in Star Hotels of Bengaluru city

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J. Venugopal, Yaduvamsi Sai Krishna C, A. Arun Kumar, G. Vijaya Kumar

Abstract

This research article aims to “To measure the impact of human resource practice attributes on employee retention”. The paper applies data reduction using Exploratory Factor Analysis (EFA) on a sample of 618 respondents drawn from star hotels companies in the Bengaluru and condenses a set of 25 human resource practices statements converted into a seven attributes. The present study proposes a model of the impact of human resource practices attributes on employee compensation management system, talent management, recruitment and selection, training and development, HR compliance, performance appraisal, workplace safety are impacting significantly the employee retention. Therefore, star hotels should focus on the above factors to improve employee retention. The present study focused on impact of human resource practices on employee retention in star hotels of Bengaluru city. The study investigated the impact of human resource practices on employee retention, concluded that recruitment and selection had the highest impact on the employee retention followed by workplace safety, training and development, performance appraisal, HR compliance, talent management and compensation management system.

Article Details

How to Cite
J. Venugopal, Yaduvamsi Sai Krishna C, A. Arun Kumar, G. Vijaya Kumar. (2023). Impact of Human Resource Practices on Employee Retention in Star Hotels of Bengaluru city. European Economic Letters (EEL), 13(3), 1927–1936. https://doi.org/10.52783/eel.v13i3.579
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