Human Capital Management: Strategies for Talent Retention

  • Unique Paper ID: 171299
  • Volume: 11
  • Issue: 7
  • PageNo: 3840-3846
  • Abstract:
  • The concept of human capital is regarded as a critical component in increasing an organization's assets since it provides a sustained competitive advantage and boosts staff efficiency. In this challenging global economic, organizations are fighting in the war of talent to remain competitive. The organization needs to understand the aspects of HCM in enhancing employee engagement and retention among the top talent. Detailed literature review was undertaken to explore the role of HCM and it was found that several HCM practices such as equitable reward package, continuous training and development program, and fair performance appraisal creating great work environment, encouraging positive discretionary behaviour, and competitive reward and recognition had actually help in enhancing employee’s engagement. This paper will focuses on discussing the role of HCM as a vital component to enhance engagement and retention of top talent.

Copyright & License

Copyright © 2025 Authors retain the copyright of this article. This article is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

BibTeX

@article{171299,
        author = {Dr. Supriya Choudhary and Dr. Priyanka Dhaka},
        title = {Human Capital Management: Strategies for Talent Retention},
        journal = {International Journal of Innovative Research in Technology},
        year = {2024},
        volume = {11},
        number = {7},
        pages = {3840-3846},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=171299},
        abstract = {The concept of human capital is regarded as a critical component in increasing an organization's assets since it provides a sustained competitive advantage and boosts staff efficiency. In this challenging global economic, organizations are fighting in the war of talent to remain competitive. The organization needs to understand the aspects of HCM in enhancing employee engagement and retention among the top talent. Detailed literature review was undertaken to explore the role of HCM and it was found that several HCM practices such as equitable reward package, continuous training and development program, and fair performance appraisal creating great work environment, encouraging positive discretionary behaviour, and competitive reward and recognition had actually help in enhancing employee’s engagement. This paper will focuses on discussing the role of HCM as a vital component to enhance engagement and retention of top talent.},
        keywords = {human capital, efficiency, employee engagement, retention, work environment},
        month = {December},
        }

Cite This Article

  • ISSN: 2349-6002
  • Volume: 11
  • Issue: 7
  • PageNo: 3840-3846

Human Capital Management: Strategies for Talent Retention

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