Advances in Consumer Research
Issue 5 : 453-466
Original Article
Determinants of Employee Retention in Higher Education Institutions in Odisha: A Factor Analysis of HR Practices
 ,
 ,
 ,
1
Research Scholar, FMS, Sri Sri University, Cuttack, Odisha,
2
Professor, FMS, Sri Sri University, Cuttack, Odisha, Phone No.: 9437199255,
3
Deputy Director, Sri Sri University, Cuttack, Odisha, Phone No.: 9937811319
4
Assistant Professor, FMS, Sri Sri University, Cuttack, Odisha, Phone No.:7008937772
Abstract

For growth, development, excellence and sustainability talent acquisition and it's retention has become a strategic concern for higher education institutions. This study examines the Human Resource Practices in such organisations which directly or indirectly impact faculty retention. Through an exploratory and quantitative study data were gathered from 569 faculty members of different higher education institutions across Odisha, India. Data collection has been done using a standardized questionnaire keeping in mind the theoretical and empirical framework of the study. Descriptive as well as demographic nature of the Data has been studied thoroughly. Data has been analysed through Exploratory Factor Analysis using SPSS-26 to ascertain the key HR practices that play significant role in faculty retention. Five such significant factors have been identified.  They are: Talent Management, Organisational Support, Employer Branding, Job Satisfaction and Organisational Commitment which substantially influence employee retention. The result also analyses the indicators of these factors and their significance in employee retention.

Keywords
Recommended Articles
Original Article
Financial Inclusion and Investment Uncertainty in the Indian Stock Market: Evidence from Implied Volatility, Regime Shifts and Retail Participation, 2011–2026
Original Article
An Empirical Study on Experiential Learning on Skill Development as a Catalyst for Enhancing Employability Skills and Career Readiness Among Generation Z
...
Original Article
Artificial Intelligence, Cybersecurity and Digital Financial Inclusion: a Theoretical Framework for Inclusive Financial Development
Original Article
Banking Service Experience and Customer Satisfaction: An Empirical Study of Rural Customers in Rajasthan
Loading Image...
Volume 3, Issue 5
Citations
492 Views
436 Downloads
Share this article
© Copyright Advances in Consumer Research