For growth, development, excellence and sustainability talent acquisition and it's retention has become a strategic concern for higher education institutions. This study examines the Human Resource Practices in such organisations which directly or indirectly impact faculty retention. Through an exploratory and quantitative study data were gathered from 569 faculty members of different higher education institutions across Odisha, India. Data collection has been done using a standardized questionnaire keeping in mind the theoretical and empirical framework of the study. Descriptive as well as demographic nature of the Data has been studied thoroughly. Data has been analysed through Exploratory Factor Analysis using SPSS-26 to ascertain the key HR practices that play significant role in faculty retention. Five such significant factors have been identified.  They are: Talent Management, Organisational Support, Employer Branding, Job Satisfaction and Organisational Commitment which substantially influence employee retention. The result also analyses the indicators of these factors and their significance in employee retention.