Abstract
Effective human resource management fosters workplace loyalty and boosts an organization's productivity to new heights. Gulf nations, especially Oman, have similar problems as other countries. A WTO treaty has been signed and developed, requiring Omani businesses to demonstrate their presence in global markets and compete internationally. Omani companies are left with few options. Either they adapt, or they die in today's fiercely competitive marketplace. Omani oil firms are being compelled to abandon their traditional work culture in favor of modern work environments. The primary aim of this study is to investigate the current practices of human resource management employed by oil and gas companies of Oman and assess how to retain human resources in Oman's oil and gas companies. It has been found that the majority of respondents in Oman's oil and gas sector endorse the company's human resource policies and the company's staff retention strategy. At the same time, according to Pearson Correlations Coefficient and Multiple Regression Analysis, an apparent positive connection can be seen within human resource strategies and employee retention in Oman's oil and gas sector.
Highlights
Human Resource management is regarded as the approach that is taken by the management or organizations to improve the workplace environment of the employees and provide a competitive edge to the organizations so that productivity and profitability levels could be increased significantly (Hendry & Pettigrew, 1986)
As per the data released by the Gulf Cooperation Council (GCC), it was found that the nominal growth in Gulf countries had been recorded as about 20% per year
Effective human resource management (HRM) techniques have long been recognized as critical for eliciting good work behaviors among workers, which leads to effective invention (Tan & Nasurdin, 2010; Damanpour & Gopalakrishnan, 1998)
Summary
Human Resource management is regarded as the approach that is taken by the management or organizations to improve the workplace environment of the employees and provide a competitive edge to the organizations so that productivity and profitability levels could be increased significantly (Hendry & Pettigrew, 1986). The researcher paper effectively covers the different aspects of the influence of HR strategies on organizational commitment and labor productivity in oil companies of Oman. The HR practices are responsible for bringing positivity into working conditions of the oil companies in Oman due to which the employee productivity and loyalty get influence in a positive manner. The different Human resource practices for enhancing work culture and behavior in oil companies of Oman is included in the research study (Bashir et al, 2014). The Human Resource management strategies that exist in the oil companies in the Arabian Gulf countries like the Sultanate of Oman has never been studied or tested. Details about the Human Resource management strategies that are carried out in oil companies in Oman has been provided.
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