"Human Resource Analytics as a Strategic Tool: Evaluating Its Influence on Employee Retention Determinants"

Abstract

Employee retention is critical concern for the organization worldwide, including India. It is crucial to comprehend the factors that influence employee retention for organization success, given the diverse workforce and rapidly evolving business landscape. The research aims to investigate the impact of HR Analytics (HRA) on factors affecting employee retention. The study mainly focus on five independent variable: Recruitment & Selection, Training & Development, Rewards and Recognition, Employee performance and Employee engagement. The scope for application of the potential of analytics in this function by integrating it with core function of Human Resource leaders to utilize Human Resource analyst skills in decision making. The impact of Human Resource Analytics on the factors affecting employee retention has been tested by confirmatory factor analysis and Baron and Kenny model.