Arya Bhatta Journal of Mathematics and Informatics
  • Year: 2017
  • Volume: 9
  • Issue: 2

HR practices and its relationship with employee retention in changing it environment: A study on it organizations in bangalore

  • Author:
  • Sonia Singh1,, Biswajit Satpathy2,
  • Total Page Count: 8
  • Page Number: 215 to 222

1Research Scholar, Department of Business Administration, Sambalpur University, Odisha, India

2Professor, Department of Business Administration, Sambalpur University, Odisha

*India E-mail: sonia34rcm@gmail.com

**satpathybulu@gmail.com

Online published on 18 October, 2017.

Abstract

One common challenge that remains the same for HR, year on year, is Employee retention. Employee retention in todays competitive age needs effective execution of HR strategy to strike a balance between employee expectations and company's objectives. HR practices in every organization is crucial in a fast paced global and knowledge-based economy, where the war for talent is ubiquitous. HR policies & practices becomes a business imperative when it is considered against the backdrop of organizational agility. Organizations need to continuously renew itself, adapt and change in the rapidly changing ambiguous environment in order to succeed & sustain. A company's performance is highly dependent on best HR practices. HR Practices should be viewed as not only tactical but also a strategical tool to achieve organizational goals This research paper explores the issues and challenges of retaining employees by IT organizations in Bangalore and identify the HR practices or strategies that companies employ to retainpeople in todays changing IT environment

Keywords

Employee Retention, HR Practices, Person-job fit