The Role of Human Capital Management in Enhancing Engagement and Retention Among Top Talent in Organization: A Critical Literature Revie

2016 ◽  
Vol 4 (4) ◽  
pp. 54
Author(s):  
Roshidi Hassan
Keyword(s):  
Human Capital ◽  
Performance Appraisal ◽  
Development Program ◽  
Capital Management ◽  
Human Capital Management ◽  
Continuous Training ◽  
Vital Component ◽  
The Many ◽  
Reward And Recognition

In this challenging global economic, organizations are fighting in the war of talent to remain competitive. It is no doubt that the role of human capital management (HCM) is the upmost important for organization and there are many aspects of HCM that can be applied and used by human capital practitioners. On the other hand, the organization needs to understand the many aspects of HCM and try to link it in order to make employees engage and retain in the organization especially the top talent. Employees who are engaged are said to become more committed to the organization and thus build some emotional link between the employees and employer, which in turn lead to retention. Detailed literature review was undertaken to explore the role of HCM in enhancing engagement and retention among the top talent.  Through the literatures reviewed, it was found that several HCM practices such as creating great work environment, encouraging positive discretionary behaviour, and competitive reward and recognition had actually help in enhancing employee’s engagement. While some HCM practices also such as equitable reward package, continuous training and development program, and fair performance appraisal significantly contributed to employee’s retention. Hence, this paper will focuses on discussing the role of HCM as a vital component to enhance engagement and retention of top talent based on findings and suggestions from reviewing the vast literatures.

scholarly journals Building organizational resilience through human capital management strategy

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Stephanie Douglas
Keyword(s):  
Human Capital ◽  
Management Strategy ◽  
Management Strategies ◽  
Organizational Level ◽  
Organizational Resilience ◽  
Capital Management ◽  
Human Capital Management ◽  
Capability Development ◽  
Content Type

Purpose This paper examines the role of human capital management strategy in shaping organizational resilience. Resilient organizations thrive in uncertain and adverse conditions. The organization’s capacity for resilience can be developed through human capital management strategies that are focused on employee capabilities, training, and development. When individual capabilities and resilience are developed, those can be aggregated at an organizational level to develop the capacity in an organization for resilience. Design/methodology/approach A review of relevant studies and literature was conducted to develop strategies and insight into developing the human capital of an organization to support organizational resilience. Findings Supporting individual capability development and resilience builds the organization’s capacity for resilience. By shifting human capital management strategies to building capabilities and then skills, organizations develop individual resilience and then organizational resilience. The implications of how to build such human capital management strategies are presented. Originality/value This paper provides support and guidelines for building individual capability and resilience to enhance an organization’s resilience.

scholarly journals EFFECT OF HUMAN CAPITAL MANAGEMENT ON EMPLOYEE PERFORMANCE AT CO-OPERATIVE BANK OF KENYA

2019 ◽  
Vol 4 (2) ◽  
pp. 21
Author(s):  
Miriam Wanjiru Nderitu ◽  
Dr. Thomas Waweru Gakobo ◽  
Prof. Isaac Ochieng
Keyword(s):  
Human Capital ◽  
Performance Appraisal ◽  
Employee Engagement ◽  
Positive Impact ◽  
Employee Performance ◽  
Statistical Significance ◽  
Primary Data ◽  
Employee Perception ◽  
Capital Management ◽  
Human Capital Management

Purpose: The general objective of the study was to examine the effect of human capital management on employee performance at Co-operative Bank of Kenya.  The study was guided by three specific objectives namely; to analyze the effect of employee skills, employee perception and employee engagement on employee performance at Co-operative Bank of Kenya.  The study was anchored on theories of human capital and resource based view.Methodology: The study adopted a descriptive research design. This enabled the use of multiple methods for data collection and data analysis and purposive stratified random sampling technique was used with a target population of 198 employees and a sample size of 132. Primary data was collected using a self-administered questionnaire and analyzed quantitatively using descriptive and inferential statistics and presented using frequencies, percentages, tables and charts.Results: The study found out that human capital management has a strong influence on employee performance. The study therefore rejected the three null hypotheses and adopted the alternate hypothesis to indicate that there is statistical significance effect between the independent variables and the dependent variable. The findings revealed that employee skills have a statistical significant effect on employee performance. This was evident because the study found out that the bank develops its employees to take up more responsibilities and to improve on their performance.  The study also found out that the bank identifies the training needs of employees using a formal performance appraisal mechanism. The study also found out that employee perception also influence employee performance positively.  The study indicated that employees perceive that human capital management has a positive impact on skill development. The employees also perceive that they are recognized by the organization which has increased their self confidence ad as a result increased their performance. Employee engagement has also been proven to have a positive significant on employee performance. The employees feels that been engaged has increased their commitment. Engaging employees has helped the organization to achieve its objectives and goals. Contribution to theory, practice and policy: The study recommends that the organization should involve all the employees fully in decision making on decisions concerning development and conduct development on a yearly basis based on performance appraisal.

scholarly journals IT Branch – Challenges for Human Capital Management

2019 ◽  
Vol 52 (2) ◽  
pp. 83-95
Author(s):  
Beata Krawczyk-Bryłka
Keyword(s):  
Human Capital ◽  
Management Styles ◽  
Selection Methods ◽  
Capital Management ◽  
It Professionals ◽  
Human Capital Management ◽  
It Industry ◽  
Factors Affecting ◽  
Recruitment And Selection

The article concerns the processes of human capital management in companies from the IT sector, where the greatest challenges concern two areas: employment and retention of IT specialists. HR departments providing services in IT companies outdo each other in applying solutions to acquire and motivate competent IT professionals to work for the company. The main goal of the article is to present recruitment and motivation practices in IT sector on the example of two selected companies. The comparison of the organizational culture, recruitment and selection methods, the management styles and the role of HR departments, as well as development practices was made. The results were presented in the context of factors affecting the IT industry characteristics, such as globalization, virtualization and competitiveness of the labour market.

scholarly journals Place and Role of Actors in the Strategic Talent Management

2019 ◽  
Vol 51 (1) ◽  
pp. 45-55
Author(s):  
Grzegorz Łukasiewicz
Keyword(s):  
Human Capital ◽  
Talent Management ◽  
Active Part ◽  
Capital Management ◽  
Human Capital Management ◽  
Basic Assumptions ◽  
Theoretical Part ◽  
Management Processes ◽  
Organization Strategy

The aim of this article is to identify actors taking active part in the process of strategic talent management. The theoretical part discusses selected issues related to the concept of strategic talent management, including its basic assumptions resulting from the resource-based theory and links to the overall organization strategy. An attempt was also made to identify actors involved in the strategic talent management processes and their main roles. The empirical part contains partial results of research on talent management carried out by employees of the Department of Human Capital Management at the Cracow University of Economics.

scholarly journals HUMAN CAPITAL: ESSENCE AND ROLE IN IMPROVING THE EFFICIENCY OF THE ORGANIZATION

2018 ◽  
pp. 30-34 ◽  
Author(s):  
E. A. Yarushkina ◽  
A. A. Kobeleva
Keyword(s):  
Human Capital ◽  
Point Of View ◽  
Structural Elements ◽  
Capital Management ◽  
Human Capital Management ◽  
Characteristic Features ◽  
Labor Resources

In this article, the concept of human capital, its structural elements from the point of view of various authors, is considered. The author has studied the characteristic features of human capital, distinguishing it from other types of capital. The article also considers the features of the human capital of the organization, the methods of its evaluation, defines the role of human capital in improving the efficiency of the organization, and also reveals that the effectiveness of human capital management depends on the mobility of labor resources. As a result of the research, the author presented the model of human capital management of the organization.

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