Impact of HR Practices on Job Satisfaction and Talent Management in the Manufacturing Sector

Good HR practices can be in command of financial and performance indicators of corporations generating employee satisfaction. Recent studies confirm that most successful corporations believe that it is their employees who provide them a competitive advantage. The mission and vision statements, annual reports, value outlines and training calendars of these corporations reflect the great value that they attach to their employees. With increased research evidence of the linkages between HR practices and business development, corporations are getting more interested in establishing good HR practices. This study is an effort to study the impact of HR practices on Job Satisfaction and Talent Management among the selected sample employees in the manufacturing sector in Bangalore. Nine human resource practices namely, Recruitment and Selection, Training and Development, Compensation and Fringe Benefits, Performance Appraisal, Employee Wellness, Career Progression and Retention, Employee Engagement, Knowledge Management and Entertainment at Workplace have been taken as manifest variables and two variables - Job Satisfaction and Talent Management are taken as latent variables.