The Role of Human Resource Management in Talent Acquisition and Retention in the Healthcare Sector

Abstract

The success of the healthcare industry depends on the caliber of its staff, making human resource management (HRM) essential in attracting and retaining talent to meet changing demands. The complex role of HRM in tackling particular healthcare concerns is explored in this abstract, from fostering a stimulating workplace culture to bringing in specialized medical personnel. HRM manages complicated regulatory requirements while ensuring that highly specialized practitioners adhere to organizational ideals. Additionally, it goes beyond competitive pay to include employee well-being, career advancement, and work-life balance, all of which are essential for keeping talent in the high-stress healthcare industry. Technology and data-driven insights are used to inform strategic decision-making, ultimately improving patient outcomes and operational effectiveness. Because human labor is one of the greatest assets in both the industrial and service industries, human resource management practices become a big problem for all organizations. Organizational advantages from effective HRM practices include revenue, reputation, and staff retention. The main business issue facing all businesses is employee retention. The current study focuses on HRM practices and how they affect employee retention in firms in India that make cement. The findings demonstrate that HRM procedures significantly and directly influence employee retention.