IMPACT OF HUMAN RESOURCE PRACTICES ON EMPLOYEE RETENTION IN THE AUTOMOBILE INDUSTRY: A STUDY IN SIDCUL, RUDRAPUR, UTTARAKHAND
Abstract
This study examines the impact of HR policies, work environment, and employee training on employee retention within three automobile companies in Rudrapur SIDCUL, Uttarakhand. Utilizing a sample of 300 employees, the research employs descriptive statistics, regression analysis, ANOVA, and chi-square tests to analyze the relationships between these factors and employee retention. The findings indicate that the work environment is the most significant predictor of employee retention, followed by HR policies and employee training. High reliability of measurement scales confirms the robustness of the survey instrument. The study highlights the importance of fostering a positive work environment and optimizing HR policies to enhance retention. Recommendations for future research include exploring additional variables and conducting longitudinal studies to better understand retention dynamics over time. These insights are valuable for organizations seeking to improve employee satisfaction and reduce turnover.