An Effectiveness of Human Resource Management Practices
on...
An Effectiveness of Human Resource Management Practices on Employee Retention
in Institute of Higher learning: A Regression Analysis
Eric Ng Chee Hong
Faculty of Business and Finance Universiti Tunku Abdul Rahman Kampar, 41900,
Malaysia
[email protected]
Lam Zheng Hao
Faculty of Business and Finance Universiti Tunku Abdul Rahman Kampar, 41900,
Malaysia
[email protected]
Ramesh Kumar
Faculty of Business and Finance Universiti Tunku Abdul Rahman Kampar, 41900,
Malaysia
[email protected]
Charles Ramendran
Faculty of Business and Finance Universiti Tunku Abdul Rahman Kampar, 41900,
Malaysia
[email protected]
Vimala Kadiresan
Faculty of Business and Finance Universiti Tunku Abdul Rahman ... Show more
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To illustrate further, an employee will be motivated to carry out his job if given
sufficient guidance through training development, appraised through effective
performance standard and compensated equally according performance standard.
Through the understanding of various well known motivational theories such as
Maslow s Need Hierarchy and McClelland s Need Theory, we can point out the
critical factors that have implication toward retention practices focus on physical and
emotional needs, working environment, supervision, responsibilities, supervision,
fairness equity, employee development and feedback on performance (Ramlall,
2004). An effective human resource management practises can be the main factor for
the success of a firm Stavrou Costea (2005). As supported by Lee and Lee (2007)
HRM practices on business performance, namely training and development,
teamwork, compensation/incentive, HR planning, performance appraisal, and
employee security help improve firms business performance including employee s