IMPACT OF HRM PRACTICES ON EMPLOYEE RETENTION IN SUI SOUTHERN GAS COMPANY KARACHI

Abstract

Purpose of the study: This study aims to determine the ‘Impact of Human Resource Management Practices Employee Retention at Sui Southern Gas Company, Head Office Karachi . Basically, Human Resource Management Practices are considered as significant contributor towards overall improvement in organizational performance. The effectiveness of HRM practices plays an important role in retaining employees with their job and organization for long term. on Methodology/Sample: The nature of the study is explanatory which is based on quantitative data. Quantitative data collected through questionnaire floated among 306 respondents as a sample size, at Sui Southern Gas Company, Head Office Karachi. To analyze the data collected through the respondents, statistical tools including Pearson Correlation and Regression analysis applied. was were Findings: This research study has declared insignificant effect of Training and Development and Performance on Employee Retention at Sui Southern Gas Company, Head Office Karachi. However, other HRM practices such as Salary and Benefits and Career Growth have a significant impact on Employee Retention. Practical Implications: The implication of this study is dependent on the finding/results came up after the analysis. The study is considered quite useful for the management in understanding influence of existing HRM practices and also to determine weaknesses so that corrective actions could be taken to overcome these weaknesses and errors. It will also help the organization in finding ways to retain its employees by ensuring effectiveness of existing HRM practices.