• #0 (no title)
  • #0 (no title)
  • About
  • Facebook
  • Twitter
  • RSS
(As ISO 9001:2015 Certified Publications)
    • Quick Search
    • Advanced Search
  • Home
  • Editorial Policy
  • Author Guidelines
  • Submission
  • Copyright Form
  • Career
  • Contact us
  • Subscription

Back to Journal

Home»Articles»Human Resource Management Practices and Employee Retention

JournalCover

Asian Journal of Managerial Science (AJMS)

Editor Dr. Tan Fee Yean
Print ISSN : 2249 - 6300
Frequency : Quarterly

Human Resource Management Practices and Employee Retention

Author : Archana Yadav
Volume 9 No.1 January-June 2020 pp

Abstract

The study aims to assess the predicting role of human resource management (HRM) practices in retaining employees in NTPC Ltd.  The company has been successful not only in attracting the best talent in the market, but also in retaining them, according to NTPC’s annual reports from 2013 -17, attrition rate was between .93% to 1% of the Middle Executive.  NTPC is a leader not only in the power industry, but also in the market due to its robust HRM practices.  Training and development emerged as the most prominent HRM practice during the study, which is also considered the backbone of NTPC Ltd. The company maintains a dedicated Knowledge sharing centre located in Noida, known as the ‘Power Management Institute’ (PMI) which is a world-class learning centre, has collaborated with best institutes in the world and train employees at all levels from entry level to top executive level with ‘planned intervention ‘. Data was obtained from NTPC’s publications maintained in the form of annual reports and ‘Power Management Institute ’annual calendars for the previous five years. A survey was conducted across various plants of NTPC on Middle- Level Executive on human resource practices which are followed in NTPC. HRM practices examined in this study are Security, training and development, quality of work life, compensation, career advancement, Promotion, award and rewards, and work-life balance.  Findings indicate that Training and Development and Compensation are the most significant human resource practices in retaining employees and Promotion is the least significant HRM Practice in retaining employees at NTPC Ltd.

Keywords

Employee Retention, Human Resource Management Practices NTPC Ltd., Training and Development.

Full Text:

References

  1. Allen, D.,Shanock,L.(2013).Perceived Organizational support and embeddedness as key mechanisms connecting Socialization tactics to commitment and turnover among new employees :Journal of Organizational Behaviour, 34(3), DOI: 10.1002/job.1805.
  2. Chew, J. C. (2004). The Influence of Human Resource Management Practices on the Retention of Core Employees of Australian Organization: An Empirical Study. Perth: Murdoch University.
  3. Crossley, C. D., Bennett, R. J., Jex, S. M., &Burnfield, J. L. (2007). Development of a Global measure of Job Embeddedness and Integration into a Traditional model of voluntary turnover Journal of Applied Psychology, 92(4), 1031–1042.
  4. Das, B L., Baruah.M.S.(2013). Employee Retention: A Review of Literature. IOSR Journal of Business and Management, 14(2) 08-16, www.iosrjournals.org. DOI:10.9790/487X-1420816
  5. M.N., Kahwaji.A.T., Elrasheed.M.O.(2017). Factors Affecting Staff Retention Strategies Used in Private Syrian Companies during the Crisis: International Review of management and Marketing. (2), 202-206.www.econjournals.com
  6. Imna, G.,Hassan,Z.(2015).Influence of Human Resource  Management practices on Employee Retention in Maldives Retail Industry: International Journal of Accounting & Business Managementftms.edu.my/journals/index.php/journals/ijabm 3(1),April,2015ISSN:2289-4519DOI: 10.24924/ijabm/2015.04/v3.iss1/50.80
  7. M.F. (2019). The Effects of Person-Organization Fit and Employee Commitment. The Mediating Role of Organizational Culture. Archives of Business Research,7(10),121-131. DOI:10.14738/abr.710.7202.
  8. Kossivi, B., Kalgora.B., Xu,ming.(2016).study on Determining Factors of Employee Retention. Open Journal of Social Sciences,4(5), 261-268 04(05):261-268 DOI: 10.4236/jss.2016.45029
  9. D., Muathe.S., Nzulwa.R.(2013). European Journal of Business and Management, 5(12), www.iiste.org.
  10. Milkovich,G.M.,Newman., J.M. (2016). Study on determining factors of Employee Retention: Open Journal of Social Sciences, 4, 261-268. http://www.scirp.org/journal/jsshttp://dx.doi.org/10.4236/jss.2016.45029
  11. Munish & Agarwa,, R..(2017). A Review Literature. International Journal of BRIC Business Research IJBBR, 6(1).
  12. Ng, Eric., Hao,LZ., Hong,C . (2012). Effectiveness of Human Resource Management Practices on Employee Retention in Institute of Higher learning: – A Regression Analysis: International Journal of Business Research and Management (IJBRM),3(2)
  13. NTPC Ltd (2016-17).41st Annual Report NTPC Ltd: NTPC scope Complex, New Delhi, 45.
  14. NTPC Ltd (2016-17).41st Annual Report NTPC Ltd.: NTPC Scope Complex, New Delhi, 62.
  15. NTPC Ltd. (2016-17) .41st) Annual Report (2016-17) NTPC Ltd. Scope Complex Delhi, 79.
  16. NTPC Ltd. (2012-13) Power Management Institute   Calendar 2016-17: NTPC Ltd. Scope Complex, New Delhi, 1-5..
  17. NTPC Ltd (2016-17.,41st Power Management Institute Calendar, NTPC Scope Complex, New Delhi, 12.
  18. NTPC Ltd (2016-17)41st. Power Management Institute Calendar, NTPC Scope Complex, New Delhi, 8.
  19. NTPC Ltd (2016-17).41st Power Management Institute Calendar, NTPC Scope Complex, New Delhi,17.
  20. NTPC Ltd (2016-17).41st Annual Report, NTPC Scope Complex, New Delhi, 149.
  21. NTPC Ltd. (2016-17).41st Annual Report (2016-17) NTPC Ltd. Scope Complex Delhi, 65.
  22. NTPC Ltd. (2016-17) .41stAnnual Report (2016-17) NTPC Ltd. Scope Complex Delhi, 48.
  23. NTPC Ltd. (2016-17).41st Annual Report (2016-17) NTPC Ltd. Scope Complex Delhi, 145.
  24. NTPC Ltd (2016-17).41st Annual Report NTPC Ltd., Power Management Institute Noida, -45-46.
  25. NTPC Ltd (2016-17).41st Annual Report NTPC Ltd., Power Management Institute Noida, 144.
  26. Tangthong, S.Trimetsoontor .J., Rojniruntikul, N. (2014). HRM Practices and Employee Retention in Thailand—A Literature Review,” International Journal of Trade, Economics and Finance V 5, (2), 162-166.
  27. Zhang, J.Akhtar.N.M.,Bal, P.M., Zhang, Y ., Talat ,U. (2016).How Do High-Performance Work Systems Affect Individual Outcomes: A Multilevel Perspective: Frontiersin Pshychology, Publishedonline, 2018 Apr 24 doi: 10.3389/fpsyg.2018.00586.

Asian Journal of Managerial Science (AJMS) is a quarterly international peer-reviewed journal of Managerial Science. One of the objectives of this journal is to disseminate knowledge on various research issues connected with the topics include, but are not limited to:

Accounting, Auditing, Banking, Business strategy, Corporate governance, Entrepreneurship, Financial structure, Capital markets, Health economics, Human resources management, Information systems,Innovation management, Insurance, Marketing, Organization, Production and logistics, Risk management, and Taxation.

The study aims to assess the predicting role of human resource management (HRM) practices in retaining employees in NTPC Ltd.  The company has been successful not only in attracting the best talent in the market, but also in retaining them, according to NTPC’s annual reports from 2013 -17, attrition rate was between .93% to 1% of the Middle Executive.  NTPC is a leader not only in the power industry, but also in the market due to its robust HRM practices.  Training and development emerged as the most prominent HRM practice during the study, which is also considered the backbone of NTPC Ltd. The company maintains a dedicated Knowledge sharing centre located in Noida, known as the ‘Power Management Institute’ (PMI) which is a world-class learning centre, has collaborated with best institutes in the world and train employees at all levels from entry level to top executive level with ‘planned intervention ‘. Data was obtained from NTPC’s publications maintained in the form of annual reports and ‘Power Management Institute ’annual calendars for the previous five years. A survey was conducted across various plants of NTPC on Middle- Level Executive on human resource practices which are followed in NTPC. HRM practices examined in this study are Security, training and development, quality of work life, compensation, career advancement, Promotion, award and rewards, and work-life balance.  Findings indicate that Training and Development and Compensation are the most significant human resource practices in retaining employees and Promotion is the least significant HRM Practice in retaining employees at NTPC Ltd.

Editor-in-Chief
Dr. Tan Fee Yean
Department of HRM, Universiti Utara Malaysia, Kedah, Malaysia
[email protected]
Editorial Advisory Board
Dr. Aidil Rizal Bin Shahrin
Department of Finance and Banking, University of Malaya, Malaysia
[email protected]
Dr. Amalendu Bhunia
Department of Commerce, University of Kalyani, West Bengal, India
[email protected]
Dr. Ahmad Zahiruddin Bin Yahya
Department of Accountancy, University of Malaya, Malaysia
[email protected]
Dr. Anil Govindrao Suryavanshi
Department of Commerce & Management, The New college, (Shivaji University), Maharashtra, India
[email protected]
Dr. Ong Lin Dar
Department Of Business Strategy And Policy, University of Malaya, Malaysia
[email protected]
Dr.V.Balachandran
Department of Corporate Secretaryship, Alagappa University,Tamil Nadu, India
[email protected]
Dr. Yeong Wai Chung
Department Of Operation and Management Information, University of Malaya, Malaysia
[email protected]
Prof.V.V.Devi Prasad Kotni
Department of Management Studies,GVP College for Degree & PG Courses, Andhra Pradesh, India
[email protected]
Dr. Quah Chee Heong
Department of Business Strategy and Policy, University of Malaya, Malaysia
[email protected].edu.my
Dr.Subrata Roy
Department of Commerce, Rabindra Mahavidyalaya, West Bengal, India
[email protected]
Dr. Norbani Binti Che Ha
Department of Marketing, University of Malaya, Malaysia
[email protected]
Dr. Tey Lian Seng
Department Of Business Strategy and Policy, University of Malaya,  Malaysia
[email protected]
Dr. Mohammad Nazri Bin Mohd Nor
Department of Business Strategy and Policy, University of Malaya, Malaysia
[email protected]
Dr. Binish Qadri
Research Scholar, Department of Economics, Central University of Kashmir, India
[email protected]
Dr. Khaw Lee Hwei
Department of Finance and Banking, University of Malaya, Malaysia
[email protected]
Dr. V. P. Sriram
Department of Management, Balaji Institute of International Business, Maharashtra, India
[email protected]
Dr. Yusniza Binti Kamarulzaman
Department of Marketing, University of Malaya,  Malaysia
[email protected]
Dr. Kanagi Kanapathy
Department of Operations and Management Information Systems, University of Malaya, Malaysia
[email protected]
Dr. Abd El Salam Mahmoud Abou Kahf
Department of Commerce, Alexandria University, Egypt
[email protected]
Dr. Wong Sek Khin
Department of Business Strategy and Policy, University of Malaya, Malaysia
[email protected]
Dr. Lee Su Teng
Department of Business Strategy and Policy, University of Malaya, Malaysia
[email protected]
Dr. Phoong Seuk Wai
Department of Operation and Management Information System, University of Malaya, Malaysia
[email protected]
Dr. Dennis Palkon
College of Business, Management, Florida Atlantic University
[email protected]

2016

2015

2014

  • Results
  • Asian Review of Mechanical Engineering (ARME)
  • career

2013

  • Home
  • Shop
  • My Account
  • Logout
  • Contact us
  • The Asian Review of Civil Engineering (TARCE)

2012

  • Asian Journal of Electrical Sciences(AJES)
  • Asian Journal of Computer Science and Technology (AJCST)
  • Asian Journal of Information Science and Technology (AJIST)
  • Asian Journal of Engineering and Applied Technology (AJEAT)
  • Asian Journal of Science and Applied Technology (AJSAT)
  • Asian Journal of Managerial Science (AJMS)
  • Asian Review of Social Sciences (ARSS)

2011

2010

    Table of Contents

    Editorial Note

    Editorial Dr. Tan Fee Yean

    Editor-in-Chief
    Dr. Tan Fee Yean
    Department of HRM, Universiti Utara Malaysia, Kedah, Malaysia
    [email protected]
    Editorial Advisory Board
    Dr. Aidil Rizal Bin Shahrin
    Department of Finance and Banking, University of Malaya, Malaysia
    [email protected]
    Dr. Amalendu Bhunia
    Department of Commerce, University of Kalyani, West Bengal, India
    [email protected]
    Dr. Ahmad Zahiruddin Bin Yahya
    Department of Accountancy, University of Malaya, Malaysia
    [email protected]
    Dr. Anil Govindrao Suryavanshi
    Department of Commerce & Management, The New college, (Shivaji University), Maharashtra, India
    [email protected]
    Dr. Ong Lin Dar
    Department Of Business Strategy And Policy, University of Malaya, Malaysia
    [email protected]
    Dr.V.Balachandran
    Department of Corporate Secretaryship, Alagappa University,Tamil Nadu, India
    [email protected]
    Dr. Yeong Wai Chung
    Department Of Operation and Management Information, University of Malaya, Malaysia
    [email protected]
    Prof.V.V.Devi Prasad Kotni
    Department of Management Studies,GVP College for Degree & PG Courses, Andhra Pradesh, India
    [email protected]
    Dr. Quah Chee Heong
    Department of Business Strategy and Policy, University of Malaya, Malaysia
    [email protected].edu.my
    Dr.Subrata Roy
    Department of Commerce, Rabindra Mahavidyalaya, West Bengal, India
    [email protected]
    Dr. Norbani Binti Che Ha
    Department of Marketing, University of Malaya, Malaysia
    [email protected]
    Dr. Tey Lian Seng
    Department Of Business Strategy and Policy, University of Malaya,  Malaysia
    [email protected]
    Dr. Mohammad Nazri Bin Mohd Nor
    Department of Business Strategy and Policy, University of Malaya, Malaysia
    [email protected]
    Dr. Binish Qadri
    Research Scholar, Department of Economics, Central University of Kashmir, India
    [email protected]
    Dr. Khaw Lee Hwei
    Department of Finance and Banking, University of Malaya, Malaysia
    [email protected]
    Dr. V. P. Sriram
    Department of Management, Balaji Institute of International Business, Maharashtra, India
    [email protected]
    Dr. Yusniza Binti Kamarulzaman
    Department of Marketing, University of Malaya,  Malaysia
    [email protected]
    Dr. Kanagi Kanapathy
    Department of Operations and Management Information Systems, University of Malaya, Malaysia
    [email protected]
    Dr. Abd El Salam Mahmoud Abou Kahf
    Department of Commerce, Alexandria University, Egypt
    [email protected]
    Dr. Wong Sek Khin
    Department of Business Strategy and Policy, University of Malaya, Malaysia
    [email protected]
    Dr. Lee Su Teng
    Department of Business Strategy and Policy, University of Malaya, Malaysia
    [email protected]
    Dr. Phoong Seuk Wai
    Department of Operation and Management Information System, University of Malaya, Malaysia
    [email protected]
    Dr. Dennis Palkon
    College of Business, Management, Florida Atlantic University
    [email protected]

    Articles

Advanced Search

You can submit your research paper to the journal in just a few clicks. Please follow the steps outlined below: 1. Register your details and select to be an Author 2. Log in with your user name and password 3. ‘Start a new submission’ and follow these 5 steps:

[gravityform id="1" name="Registration" title="false" description="false"]

Privacy Statement

The names and email addresses entered in this journal site will be used exclusively for the stated purposes of this journal and will not be made available for any other purpose or to any other party.

Privacy Statement

The names and email addresses entered in this journal site will be used exclusively for the stated purposes of this journal and will not be made available for any other purpose or to any other party.

Lorem1 ipsum dolor sit amet, consectetur adipiscing elit. Nulla convallis ultricies scelerisque. Fusce dolor augue, sollicitudin eget lacus vitae, rutrum commodo lacus. Praesent ullamcorper facilisis dui. Sed suscipit id lorem ut dapibus. Integer dictum cursus nisl, quis ullamcorper augue. Sed non rutrum mauris. Maecenas in dolor est. Donec eget sagittis mi. Sed non leo eu odio mollis pulvinar vitae et leo. Integer eu feugiat tortor. Duis massa purus, eleifend id erat eget, hendrerit semper risus. Suspendisse cursus varius dapibus

Lorem1 ipsum dolor sit amet, consectetur adipiscing elit. Nulla convallis ultricies scelerisque. Fusce dolor augue, sollicitudin eget lacus vitae, rutrum commodo lacus. Praesent ullamcorper facilisis dui. Sed suscipit id lorem ut dapibus. Integer dictum cursus nisl, quis ullamcorper augue.

Subscription

Subscription (for 12 issues):
Rs. 5000; Overseas - USD 500;
Cheque drawn in favour of "Informatics Publishing Limited"
Click here to download online subscription form

Download

DD Mailing Address

Lorem1 ipsum dolor sit amet,
Lorem1 ipsum dolor sit amet,
Lorem1 ipsum dolor sit amet.

BACK TO TOP

Outstanding Scholars

The Journals honor Outstanding Scholars in various fields. Scholar of the Month should have contributed to their field and to the larger community. Recipients will be nominated by the Advisory Board and approved by the Editor-in-Chief of the allied journals published by The Research Publication. Scholar of the Month will be displayed in the web portal of the concerned journal.

Please send your brief write up to [email protected]

Editors and Reviewers

The Research Publication is seeking qualified researchers to join its editorial team as Associate Editor, Editorial Advisory Board Member, and Reviewers.
Kindly send your details to [email protected]

Call For Papers

Authors are requested to submit their papers electronically to [email protected] with mentioning the journal title.

Mailing Address

The Research Publication 1/611, Maruthi Nagar, Rakkipalayam Post, Coimbatore – 641 031, Tamil Nadu, India Phone No.: 0422 2461001

  • About
  • Editorial Policy
  • Author Guidelines
  • Contact us
  • Copyright
  • Facebook
  • Twitter
  • RSS

© 2015 The Research Publication. All rights reserved.

The Research Publication
  • Home
  • Editorial Policy
  • Author Guidelines
  • Submission
  • Copyright Form
  • Career
  • Contact us
  • Subscription