Prachi Sharma
Management
December 2024
Companies struggle mightily in today's fast-paced, competitive business environment to hold on to their best employees. There is less stability, more spending, and worse output when the employee turnover rate is high. Focussing on the IT sector in the Delhi-National Capital Region (NCR) region, this study looks at how talent management techniques affect staff retention. A descriptive research strategy based on survey data is used in the study. Statisticians utilise t-tests, Pearson correlation, and multiple regression models to examine the data. Many studies have examined many facets of talent management, including compensation, career advancement opportunities, performance evaluation, and employee involvement. Strong favourable correlations between improved staff retention and effective human management strategies are shown by the data. Furthermore, the study delves into the theoretical underpinnings of talent management by way of ideas such as equity theory, Maslow's hierarchy of needs, human capital theory, and the resource-based approach. The goal of this study is to provide HR experts and business owners with practical information that will aid them in creating plans to attract and retain a loyal and hard-working workforce.
152- 165
© Airo Journals 2021
