AN ANALYTICAL STUDY OF SALARY AND MONETARY REWARDS AS HR STRATEGIES IN HOSPITALITY INDUSTRY OF UTTARAKHAND AND ITS IMPACT ON EMPLOYEE RETENTION: A COMPARISON BETWEEN GARHWAL AND KUMAUN REGION

Abstract

he mountainous state Uttarakhand is known for its tourist destinations since a long time. The
advantage of this state is its proximity to New Delhi, national capital of India. A large number of
tourists use to visit every year at different places of Uttarakhand. There are many other reasons for the
tourists to visit Uttarakhand. There are variety of tourist destinations, which are also facilitated by the
hospitality arrangements. The provided facilities at the tourist spots attracts the visitor to stay for a long
time. Even they don’t want to leave this heavenly place after their vacation. Uttarakhand has been
established as a tourism state, hence many of the hotels and other accommodation setups developed by
different firms. Because of advents of new hotels, hospitality professional found their opportunity
around native places; hence state could reduce skill-drains. The natives of Uttarakhand are excellent in
hospitality skills and hence they are scattered through-out the industry. Hotels in Uttarakhand follow
different HR practices regarding salary and monetary rewards for their employees.