Authors: Mr.Pankaj M Dandgaval, Dr. Manmeet Singh
Abstract: Human capital retention has become a strategic human resource management priority for organisations operating in competitive and technologically evolving industries. The Indian automobile industry depends on experienced employees, technical specialists, production personnel, engineers, supervisors, and managerial professionals to maintain operational efficiency, product quality, innovation, and organisational competitiveness. However, employee mobility, changing career expectations, skill shortages, and competition for technically qualified personnel can create challenges for retaining experienced human capital. This study examines the relationship between four organisational factors—compensation, career development, employee engagement, and organisational commitment—and employee retention in the Indian automobile industry. The study is conceptually grounded in social exchange theory, human capital theory, and organisational commitment theory. A quantitative, cross-sectional research design is proposed, using a structured questionnaire administered to employees working in automobile manufacturing companies and related component organisations in India. For demonstrating the proposed analysis, an illustrative dataset of 384 respondents is used. The illustrative results indicate positive relationships between compensation, career development, employee engagement, organisational commitment, and employee retention. Multiple regression results suggest that organisational commitment and employee engagement have comparatively strong associations with retention, followed by career development and compensation. The model illustrates how direct financial rewards and broader relational and developmental practices may jointly contribute to employee retention. As the numerical findings are illustrative rather than collected field evidence, they should be replaced with results from actual survey data before publication. The study offers a proposed analytical framework for developing integrated, evidence-based retention strategies in the Indian automobile industry.
DOI: https://doi.org/10.5281/zenodo.23800147
