Developing a Model for Governance of Quality of Work Life with a Human Capital Retention Approach at Iran University of Medical Sciences

Abstract

Objective: This study aims to identify strategies for retaining human capital at Iran University of Medical Sciences.   Methodology: This research is applied in terms of its purpose and employs a mixed-methods approach. The Cochran sampling method was used in this study. Data were collected using a 31-item questionnaire designed based on theoretical foundations and interviews with experts. Data analysis was conducted using confirmatory factor analysis with LISREL software, and the reliability of the questionnaire was confirmed using Cronbach's alpha test.   Findings: The findings of the study revealed that human capital retention strategies at Iran University of Medical Sciences include motivational strategies, work environment, organizational structure, organizational justice, and employee growth and development. Additionally, the obtained factor loadings indicated that the defined indices influence human capital retention.   Conclusion: Retaining human resources is the process of maintaining and preserving employees as effective human capital for achieving organizational success. While recruitment and hiring are highly significant, they are incomplete without a robust employee retention system. A systematic and comprehensive approach is necessary to retain competent human resources within the organization.