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Adoption of HR Strategies and Its Influence on Employee Retention in Service Sector with Special Reference to Chennai City

In: Proceedings of the 3rd International Conference on Reinventing Business Practices, Start-ups and Sustainability (ICRBSS 2023)

Author

Listed:
  • R. Thanigaiyarasu

    (SRMIST Vadapalani, Assistant Professor, Department of Commerce Shift II, Faculty of Science and Humanities)

  • SanthoshKumar

    (SRMIST Vadapalani, Assistant Professor, Department of Commerce Shift II, Faculty of Science and Humanities)

  • V. V. Padmaja Veturi

    (SRMIST Vadapalani, Assistant Professor, Department of Commerce Shift II, Faculty of Science and Humanities)

  • M. Nasrin Sulthana

    (SRMIST Vadapalani, Assistant Professor, Department of Commerce Shift II, Faculty of Science and Humanities)

Abstract

The current study's objective focuses on HR strategies and its implication on employee retention in Service sector at Chennai city. The middle-level managers and supervisors employed in Chennai service industry are included in this sampling frame. Data for the study was gathered through a survey method utilizing a questionnaire specifically designed for the sample of 398 people employed in management and supervisory roles in the automotive sector. In this study Confirmatory factor analysis were used to reduce the statements provided in the questionnaire as well as SEM model is used in this study. This study discovered a strong correlation between employee involvement and workers’ job happiness.

Suggested Citation

  • R. Thanigaiyarasu & SanthoshKumar & V. V. Padmaja Veturi & M. Nasrin Sulthana, 2024. "Adoption of HR Strategies and Its Influence on Employee Retention in Service Sector with Special Reference to Chennai City," Advances in Economics, Business and Management Research, in: Meena Rani Nimmagadda & Catherine S. & Praseeda Challapalli & V. Sasirekha (ed.), Proceedings of the 3rd International Conference on Reinventing Business Practices, Start-ups and Sustainability (ICRBSS 2023), pages 809-816, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-374-0_69
    DOI: 10.2991/978-94-6463-374-0_69
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