HR Practices and Staff Retention: Impact Analysis and Strategies

This report explores the critical relationship between Human Resource Management (HRM) practices and staff retention within organizations. It begins by defining HRM as a strategic approach to managing individuals effectively, highlighting the importance of motivation in retaining staff. The research identifies high employee turnover and demotivation as key problems faced by businesses. The aim of the research project is to evaluate HR practices and their impact on staff retention, with objectives including reviewing HR practices, assessing motivational and demotivational factors, and investigating the overall impact of effective HR practices. The methodology employs a positivism philosophy and a deductive approach, utilizing quantitative research methods with data collected through questionnaires. The literature review provides a foundation for understanding the concepts and theories related to HR practices and staff retention.

Human resource
management

Table of Contents
INTRODUCTION...........................................................................................................................1
Literature review..............................................................................................................................2
To understand the concept of motivation within company....................................................2
To evaluate the different motivational theory performed by HR department for staff retention.
................................................................................................................................................2
To analyse the various ways of motivation that is performed by the HR department of Dhiraj
mukherjee creations................................................................................................................2
Research methodology.....................................................................................................................2
Data collection.................................................................................................................................2
Questionnaire...................................................................................................................................2
CONCLUSION................................................................................................................................2
REFERENCES................................................................................................................................3

TOPIC: “The impact of HR practices on staff retention”
INTRODUCTION
Human resource management is undertaken as the strategic approach to effectual as well as
efficacious individual’s management within firm. Moreover, it assists their business to obtain
competitive benefits. Additionally, motivation is described as the series of dynamic procedures
that incorporates maintenance, generation and norms of motivation of that fundamental function
which approach towards learning by RPE, rewards and others. In addition to this, motivation
plays essential role within staff retention within firm. The main aim of this research is to
determine the motivational process performed by HR department for retaining their staff within
organization.
Research Problem- It has been analysed that the issue of high employee turnover and
demotivation is highly increasing within the employees that is main problem faced by business
organisation in current market scenario.
The topics which are going to be discussed in this dissertation are research aim, objective and
literature review. Apart from this, research methodology and data collection are described below:
Research aim
The main aim of current project is, “To evaluate about the concept of HR practises
along with identifying its impact on staff retention within a Firm.”
Research Objectives
 To review about the phenomena of HR practises along with determining its needs
and importance within a firm.
 To evaluate about a range of HR practises along with defining which HR practises
motivate or demotivates the employees.
 To investigate about the overall impact of effective HR practises on the staff
retention within a firm.
Research Questions
 What is meant by the HR practises along with determining its needs and importance
within a firm?
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 Which are the range of HR practises along with defining which HR practises
motivate or demotivates the employees?
 What possible impact of effective HR practises is seen on the staff retention within a
firm?
Literature Review
Research methodology
 Research Philosophy: There are mainly two philosophies that investigator utilised
essentially within research that incorporates positivism as well as interpretivism. For this
study, positivism philosophy is opted as this helps the to acknowledge gathered data
effectively.
 Research method: This is undertaken as techniques which are adopted by investigator to
accumulate more reliable and relevant information. Moreover, there are generally three
methods of research as through that they can attain or gather data which is in numerical
and statistical form. Also, for it quantitative method is utilised by research and may
choose several methods such as survey.
 Research approach: It is viewed as process which considered stages in respect to board
assumption of described methodologies to gather information and determine it
effectively. Additionally, there are essentially two kinds inductive and deductive. For it,
investigator opt deductive approach as it aids in evaluating and examining numerical
data without undertaking longer time to attain aim & objectives of respective research.
Within respective research quantitative research method would be applied as this aids
research to accumulate much systematized as well as practical information for meeting the set
objectives by obtaining data in statistical form where collection of data would be made with the
help of questionnaire.
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REFERENCES
Books & Journals
Abbasi, S.G., Tahir, M.S., Abbas, M. and Shabbir, M.S., 2020. Examining the relationship
between recruitment & selection practices and business growth: An exploratory
study. Journal of Public Affairs, p.e2438.
Chakraborty, D. and Biswas, W., 2019. Evaluating the impact of human resource planning
programs in addressing the strategic goal of the firm: An organizational
perspective. Journal of advances in management research.
Geisler, M., Berthelsen, H. and Muhonen, T., 2019. Retaining social workers: The role of quality
of work and psychosocial safety climate for work engagement, job satisfaction, and
organizational commitment. Human Service Organizations: Management, Leadership &
Governance, 43(1), pp.1-15.
Korauš, A., Kaščáková, Z. and Felcan, M., 2020. The impact of ability-enhancing HRM
practices on perceived individual performance in IT industry in Slovakia. Central
European Journal of Labour Law and Personnel Management, 3(1), pp.34-46.
Online
Motivational theories. 2021. [Online]. Available
through:<https://www.breathehr.com/en-gb/blog/topic/employee-engagement/what-are-
motivation-theories#:~:text=Motivation%20theory%20is%20the%20study,productive
%20employee%20is%20more%20profitable>
What Is Motivation?. 2021. [Online]. Available through:< https://www.verywellmind.com/what-
is-motivation-2795378>
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