Sustainable human resource management practices to attract and retain talents: A new approach to human resource management system

Employees are the critical resource for the success of an organisation and in gaining the competitive edge over others. But the existing human resource management (HRM) system is unable to address many challenging issues being faced by the organisations as well as society. The only emphasis of existing HRM system is profit maximisation. This traditional approach of HRM system has failed to help the business in gaining sustainability. Hence government regulations, environmental degradation along with the recession in which many prominent and successful organisations failed have led to focus for developing the sustainable business model. For developing and implementing a sustainable business model, it is necessary to have a human resource system based on sustainable approach, where recruitment and selection or training and development, etc. are designed and developed to foster the sustainability of the business. This article explores the drawbacks in existing HRM system by reviewing the previous literature and proposed the need for the sustainable HRM system.