Published Paper Details:

The study aimed to evaluate the predicting role of various human resource management (HRM) practices in retaining employees at NTPC Ltd. NTPC is a leading power industry player that has been successful not only in attracting the best talent but also retaining them. The study analyzed data from NTPC's annual reports and Power Management Institute annual calendars for the previous five years. The study examined various HRM practices such as Security, training and development, quality of work life, compensation, career advancement, promotion, award and rewards, and work-life balance. The findings revealed that Training and Development and Compensation are the most significant HRM practices in retaining employees at NTPC. These findings align with NTPC's annual reports, which suggest that the company's robust HRM practices have contributed to its success in retaining employees. The study highlights that Training and Development emerged as the most prominent HRM practice in NTPC, which is also considered the backbone of the company. This finding suggests that investing in employee training and development can significantly impact employee retention. Additionally, the study found that Compensation is also a critical HRM practice in retaining employees, emphasizing the importance of fair and competitive compensation policies. The study also found that Promotion is the least significant HRM practice in retaining employees at NTPC Ltd. This finding suggests that NTPC may need to revisit its promotion policies and practices to align them with employee retention goals.