The Impact of Human Resource Management Practices on Employee Retention

Abstract

Human resource management practices become the major issues for all organizations because the human workforces are the great assets of both manufacturing and services sectors. Effective HRM practices bring the organizational benefits, including profitability, reputation, and employee retention. Employees’ retention is the significant business problem for all companies. The current study focuses on the HRM practices, and its impact on employees’ retention at cement manufacturing factories in Myanmar. The results show that HRM practices have a significant direct impact on employees’ retention.