The impact of talent management practices on employee turnover and retention intentions

2021 ◽  
Author(s):  
Sourabh Kumar
Keyword(s):  
Employee Turnover ◽  
Management Practices ◽  
Talent Management ◽  
The Impact

scholarly journals Influence of Talent Management Practices on Turnover Intent among Research Scientists at the National Museums of Kenya (NMK), Nairobi.

2019 ◽  
Vol 8 (1) ◽  
pp. 1-19
Author(s):  
Nicholas Ochieng' Ojwang'
Keyword(s):  
Employee Engagement ◽  
Social Exchange ◽  
Employee Turnover ◽  
Management Practices ◽  
Talent Management ◽  
Turnover Intent ◽  
Extensive Literature ◽  
Study Results ◽  
National Museums ◽  
Research Scientists

Human talent represents a source of competitive advantage. Yet the very people organisations would want to retain are the ones most likely to leave. What determines employee turnover is a vital question to organisations facing business continuity challenges. Through the prism of the Human Capital and Social Exchange theories, this study aimed at examining the influence of Talent Management practices on turnover intent among Research Scientists at the National Museums of Kenya, Nairobi. Data was collected by means of a structured questionnaire formulated based on extensive literature review. The study targeted 128 employees designated as Research Scientists at the time of conducting this study. Results indicate very high levels of engagement among Research Scientists at NMK. Though respondents understand how their performance is evaluated, the link between pay and performance appears unclear to them. Ample learning and growth opportunities do exist but identification of training needs is not methodical. The study also revealed a clear dissatisfaction with the total compensation package. Although majority of respondents believed that advancement opportunities existed, they were less confident regarding existence of equal opportunity for such advancement. Regression analysis of results indicated that of the six independent variables studied, only employee engagement had significant relationship with employee turnover intent. The study concludes that employee engagement is a critical factor in keeping employees in the organisation. It is recommended that NMK develops effective retention strategies to ensure that Research Scientists remain engaged and committed. An integrated rewards scheme incorporating non-financial factors, career development and work-life balance should form part of the strategy. In addition, a formalised induction program as well as a systematic learning and development scheme with individualised plans needs to be put in place.

scholarly journals Repercussion of Talent Management on Workforce Retention in Selected Hotels in Madurai

2019 ◽  
Vol 8 (3S2) ◽  
pp. 312-315
Keyword(s):  
Employee Retention ◽  
Management Practices ◽  
Talent Management ◽  
Cluster Sampling ◽  
Chi Square ◽  
Chi Square Test ◽  
Current Scenario ◽  
Workforce Retention ◽  
Basic Functions ◽  
The Impact

Human Resource is one of the basic functions of the organisation that manages the workforce more effectively in achieving the objectives of the organisation. Talent Management is the emerging trend in the HR department. It involves the process from recruiting to retaining the talent pool of employees. This practice concentrate not only on the identified talent of the employees it also makes them develop the unidentified one. Retaining the talented employees is one of the biggest responsibility of an organisation. In the current scenario, holding the abled workforce is difficult for the company. This paper presents the impact of talent management on workforce retention in selected hotels in Madurai. The major objective of this paper is to study the talent management practices which are in progress in the hotels and the interconnection between talent management, employee turnover, and employee retention practices in selected hotels in the study area. A sample of 200 respondents from 5 hotels were chosen. The respondents are from different designation selected under cluster sampling method. Chi-square test was used to substantiate the association between the talent management practices and retentiveness of the employees to the same hotel. The significant value of chi-square at 95% confidence level revealed that there is considerable interrelation between the talent management practices and employee retention strategies in selected hotels in study area.

scholarly journals The Management Side Of Talent: Causal Implications For The Retention Of Generation Y Employees

2015 ◽  
Vol 31 (5) ◽  
pp. 1767 ◽  
Author(s):  
Liesel Du Plessis ◽  
Nicolene Barkhuizen ◽  
Karel Stanz ◽  
Nico Schutte
Keyword(s):  
Generation Y ◽  
Management Practices ◽  
Supervisor Support ◽  
Talent Management ◽  
Intention To Quit ◽  
Convenience Sample ◽  
Perceived Supervisor Support ◽  
Organisational Support ◽  
Perceived Organisational Support ◽  
The Impact

<p>Organisations are facing significant challenges to retain Generation Y employees. Research shows that, once these individuals are employed, they are not likely to remain in that position for very long. Organisations therefore need to find innovative solutions to retain this group of employees. The purpose of this research was to determine the causal relationship between management support towards talent management and the impact thereof on the turnover intentions of Generation Y employees. The Human Capital Index, Perceived Organisational Support Questionnaire, Perceived Organisational Support and Intention to Quit questionnaires were administered among a convenience sample of generation Y employees (N=135). The results showed that Perceived Organisational Support is significantly related to Talent management practices, Perceived Supervisor Support and Intention to Quit. Perceived Supervisor Support is significantly related to Talent management practices and Intention to Quit. Talent management practices are significantly related to intention to quit. Recommendations are made.</p>

The impact of talent management practices on employees' job satisfaction

2021 ◽  
Vol 1 (1) ◽  
pp. 1
Author(s):  
Laith M. Almomani ◽  
Bader Yousef Obeidat ◽  
Rateb Sweis
Keyword(s):  
Job Satisfaction ◽  
Management Practices ◽  
Talent Management ◽  
The Impact

Namib Mills Group: managing talent in a Namibian food production business

2020 ◽  
Vol 10 (4) ◽  
pp. 1-23
Author(s):  
Christina Swart-Opperman ◽  
Claire Barnardo ◽  
Sarah Boyd
Keyword(s):  
Learning Outcomes ◽  
Management Practices ◽  
Life Stage ◽  
Talent Management ◽  
Organisational Culture ◽  
Career Stage ◽  
Content Type ◽  
Generational Diversity ◽  
The Future ◽  
The Impact

Learning outcomes The learning outcomes are as follows: to understand why talent management is a vital component of a company’s broader strategy for long-term operational excellence; to understand the impact of generation, life stage and career stage on an employee’s professional needs, goals and expectations of their firm; to understand how organisational culture contributes, in this case, to ineffective people management practices; and to develop a talent management strategy: new policies, processes or practices that will address the identified issues and create a sustainable pipeline of talent. Case overview/synopsis This case finds the successful agro-processing firm Namib Mills in a state of internal tension in April 2019. As Namibia’s premier supplier of staple food products, Namib Mills is performing well in a struggling economy. Then yet, CEO Ian Collard is concerned that his senior management team is not exhibiting the kind of leadership and strategic management needed to take the company into the future. As Ian examines the issue further – with the aid of a report from an external consultant – he begins to see that the weaknesses of his senior managers, who are prone to micromanaging and poor communication, are part of a bigger issue of talent management in the firm. The junior employees, who are energetic and ready to innovate, are growing restless as they wait for career growth and promotion opportunities. The rising leaders in middle management are also struggling to break through. Ian must confront how organisational culture and generational diversity within this family-owned business have created talent management barriers and develop a strategy for sustainably developing employees into the leaders of the future. Complexity academic level This case is designed for a master’s level management program and is well-suited for courses that deal with organisational behaviour, people management or human resources management. Specifically, the case is aimed at students interested in talent management, generational diversity and organisational culture. Subject code CSS 6: Human Resource Management.

scholarly journals The Impact of Implementing Talent Management Practices on Sustainable Organizational Performance

2020 ◽  
Vol 12 (20) ◽  
pp. 8372 ◽  
Author(s):  
Riham Al Aina ◽  
Tarik Atan
Keyword(s):  
Real Estate ◽  
Organizational Performance ◽  
United Arab Emirates ◽  
Management Practices ◽  
Empirical Evaluation ◽  
Talent Management ◽  
Equation Modeling ◽  
Career Management ◽  
Learning And Development ◽  
The Impact

As organizations operate in an inexorable marketplace, there are always new and unpredictable difficulties that make managerial roles harder and the achievement of organizational goals and objectives more critical. Recently, the implementation of talent management practices in achieving sustainable organizational performance that will match the firms’ operational and strategic goals have been the concern of both academics and practitioners, but the issue has not been exhaustively investigated. Thus, the aim of this study is to investigate the effect of talent management practices on the sustainable organizational performance in real estate companies located in the United Arab Emirates. This paper seeks to make contributions through an empirical evaluation of talent management in the United Arab Emirates. A structured questionnaire was distributed to collect data from a study sample of 306 managers working in real estate companies. The proposed hypotheses were verified by structural equation modeling (SEM). The results of this study show that talent attraction and talent retention had no impact on the sustainable organizational performance, whereas learning and development and career management were found to have significantly positive impacts. The study suggests that learning and development, and employee career management, should be leveraged on by the management by concentrating on the coaching and training programs and job rotation so that the firm can achieve sustainable organizational performance.

scholarly journals Managing Workforce Diversity in Organization: A Case Study on Aetna Health Care Service

Khatulistiwa ◽  
2020 ◽  
Vol 10 (1) ◽  
pp. 62-94
Author(s):  
MD. Rahat Khan ◽  
Nanik Shobikah ◽  
Mohammad Abdul Kaium
Keyword(s):  
Management Practices ◽  
Retention Rate ◽  
Care Service ◽  
Health Care Service ◽  
Talent Management ◽  
Business Strategies ◽  
Management Process ◽  
Recruitment And Retention ◽  
The Impact

The impact of globalization is nothing new to the business firms. In the last few decades globalization has changed the business strategies of the companies. The current case study has tried to evaluate the Aetna’s diversity approaches named ‘The Aetna Way’ policy along with its complexity of implementation in people management issues. The report is categorized as follows. The first part of the report has discussed about the background of investigation. The following part has analyzed some closely related literatures related to the context. This past basically narrate the theme of recruitment and retention policy along with talent management process and its significance for the company. The third part of the case has assessed the Aetna’s recruitment and retention policies and then tried to compare the Aetna’s policies with close competitors’ and top performing companies’. This part also evaluates Aetna talent management process and policies and also compare with the competitors. After that in fourth part, the study points some recommendations with justification. The study has recommended the Aetna, to change the traditional recruitment policy and give more concentration on employee retention rate. Technology driven talent management practices should be the time worthy policy of the Aetna. Focusing more on LAMP and MCC frameworks would enhance the effectiveness and efficiency in recruitment, retention, and talent management policies for the Aetna.

scholarly journals Changing Dynamics of Talent Management: Analyzing the Impact of Business Environmental Factors

2019 ◽  
pp. 583-595
Author(s):  
Dr. Abdul Quddus Mohammed
Keyword(s):  
Environmental Factors ◽  
Organizational Performance ◽  
Management Practices ◽  
Oil And Gas ◽  
Talent Management ◽  
Critical Examination ◽  
Management Process ◽  
Cultural Changes ◽  
Talent Acquisition ◽  
The Impact

Talent management process makes sure that the organization has sufficient supply of talented employees to meet the organizational goals. However, this aspect is important for organizations especially in the wake of the ever-changing business environmental factors such as political, social and economic factors. To undertake a critical examination of the changing dynamics in the field of talent management, the following research focuses on an analysis of the impact of political, economic and socio-cultural changes on the talent management process in oil and gas companies in GCC. As such, the main objective of the research is to undertake an analysis of the practices of talent management adopted in the oil and gas sector in GCC region and analyze the changing dynamics of the Talent Management process to suggest strategies to manage talent to improve the industry performance. Despite the advanced in the human resource management field, the talent landscape in the GCC region faces challenges in the talent management process such as talent acquisition, talent retention, and talent development. The following research focuses on the use of an empirical quantitative approach towards data collection and interpretation of the obtained data. The research advanced three hypotheses, which are tested in the research. The findings of the research provide evidence that the economic, social and political factors have a significant influence on talent management practices in this region. And it is important to consider the business environmental factors in managing talent by aligning organizational strategy with talent management strategy of the company. The implantation of technology by means of Artificial intelligence, HR analytics and automation will reduce the dependency on more employees and improving the value of HR in the organization by enlightening organizational performance and productivity with few talented employees in line with dynamic business environmental factors.

scholarly journals Applying Talent Management Practices by Management Involvement

2019 ◽  
Vol 3 (1) ◽  
pp. 1-6
Author(s):  
Sahar J. Fatah
Keyword(s):  
Management Practices ◽  
Secondary Data ◽  
Talent Management ◽  
Research Problem ◽  
Development Programs ◽  
Comprehensive Development ◽  
Management Concept ◽  
The Impact ◽  
Management Involvement

Talent management has become more important because of a growing recognition that it helps to drive corporate performance, even though the exact impact is hard to quantify. This research focuses on the impact of management involvement on the nourishment of talent management in organizations. The research problem explains the role of management if any in improving the talent management concept in the organization. This research used a qualitative approach based on secondary data. The data was collected from previous study literature, textbooks, and scientific journals. The result of this research showed that good talent management consists of comprehensive development programs. Also, CEOs who maintain a focus on effective talent management strategy will find their organizations better prepared for today’s challenges and the inevitable but unknown opportunities for the future. This research contributes to filling the knowledge gap by reviewing the impact of senior management on talent management.

scholarly journals The Influence Of Women Leaders And Their Leadership Style On Employee Engagement Through Talent Management As Mediating Variable

2021 ◽  
Vol 12 (3) ◽  
pp. 3377-3388
Author(s):  
Dwi Putra Budi Setia Et.al
Keyword(s):  
Women Leaders ◽  
Employee Engagement ◽  
Transactional Leadership ◽  
Leadership Style ◽  
Management Practices ◽  
Talent Management ◽  
Service Industries ◽  
Transactional Leadership Style ◽  
The Impact ◽  
The Relationship

This research aims to investigate the impact of transformational & transactional leadership style towards employee engagement mediated by talent management practices among subordinates with woman as their direct superiors. As the research was conducted during pandemic Covid-19, questionnaires were distributed through online. The method of purposive sampling was adopted to make sure that certain criteria was met before the respondents were deemed to be eligible in filling up the questionnaires. In the end, 117 questionnaires were returned, in which 64% came from manufacturing and mineral industries (majority in oil and gas), while another 36% came from service industries (majority from public sector and trading). The analysis of multiple regression was performed towards the data in addition to use the mediation analysis proposed by Baron & Kenny. The study found that both leadership style was indeed practiced by women leaders. However, results suggested that partial mediation exists in the relationship between transformational leadership style towards employee engagement. While full mediation was supported in the relationship between transactional leadership style towards employee engagement.

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