A STUDY ON IMPACT OF HR POLICIES AND PROCEDURES IN EMPLOYEE RETENTION IN SAPPHIRE FOODS INDIA LTD. COMPANY

Abstract

Employee retention is a critical concern for organizations aiming to maintain a competitive edge and ensure sustainable growth. This research paper explores the effectiveness of implementing human resource (HR) policies and procedures in enhancing employee retention within companies. Through a comprehensive review of literature, analysis of methodologies, and examination of case studies, this study aims to provide insights into the relationship between HR practices and employee retention. The introduction section provides an overview of the significance of employee retention in organizational success and outlines the research objectives. The methodology section details the research approach, including data collection methods, sample selection criteria, and analytical techniques utilized in this study. The literature review examines existing scholarly articles, books, and reports related to employee retention and HR policies. It explores various theories and models that underpin the relationship between HR practices and employee retention, such as the social exchange theory and the expectancy theory. Additionally, it discusses the role of HR policies in fostering employee engagement, job satisfaction, and organizational commitment. The paper also presents a detailed analysis of the methodologies employed by companies to enhance employee retention through HR policies and procedures. It evaluates strategies such as competitive compensation and benefits packages, career development opportunities, flexible work arrangements, and employee recognition programs. Furthermore, it explores the role of leadership, organizational culture, and communication in supporting effective HR practices and fostering a conducive work environment. In conclusion, this research paper highlights the importance of strategic HR policies and procedures in addressing employee retention challenges. By fostering a supportive work environment, offering meaningful opportunities for professional growth, and recognizing employee contributions, organizations can create a culture of loyalty and commitment, thereby enhancing employee retention and ultimately, organizational performance.