Human capital is the most important strategic resource for any organization. Retaining the best talent and keeping employees satisfied lead to strengthening of the corporate strategies and also to better organizations, dynamic work groups, sustainable survival and development in the increasingly competitive global environment.
It is neither easy to retain the best talent nor easy to keep them happy or satisfied. Many organizations in Saudi Arabia are still implementing old management approaches and practices. In fact, they still cannot differentiate between an HR department and a Personnel department (Tariq Al-Sulimani, 2006).
Human Resource Management Practice (HRMP) has changed dramatically during the last two decades owing to globalization, liberalization, privatization and also the growing need to retain the human resource.
Many research studies have revealed that job satisfaction depends on the HRMP and Perceived Organizational Support (POS). The relationship between HRMP, such as sufficient opportunity for training and development, job profile, teamwork, recruitment and selection process and POS, like positive feedback, taking care of employees, recognizing the contribution of employees, etc., have been widely analyzed.
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