logo

The Impact of Talent Management on Retention

   

Added on  2023-01-09

7 Pages1092 Words54 Views
 | 
 | 
 | 
Talent Development and Retention
Name:
Student number :
Campus:
Lecturer/tutor :
The Impact of Talent Management on Retention_1

THE IMPACT OF TALENT MANAGEMENT ON RETENTION
Oladapo, V. (2014). The impact of talent management on
retention. Journal of business studies quarterly, 5(3), 19.
The Impact of Talent Management on Retention_2

Article - objective
In the contemporary business world, the competition between companies is very stiff and
talented employees are always in demand. As a result of a number of reasons, such as higher
salaries and benefits, better employer, job dissatisfaction, lack of job engagement, etc.,
employees show a tendency to quit their organizations. When an employee leaves an
organization, the organization has to suffer a loss in its talent and the resources that were
invested in the development of the employee. Further, additional efforts have to be made to fulfil
the void that is created when employees leave their companies. Therefore, retention of
employees and their development has become very importance in the contemporary business
world.
The American business are anticipating the retirement of around 70 million baby bloomers over
the coming few decades and, which would create a humungous human resource gap in the
American market. Along with this, another challenge that the American companies are facing is
related to the retention of talented employees within the companies. Therefore, the study aims
at understanding the challenges and successes of talent management and development
programs and the effect that factors like job security, compensation and opportunities can have
on the retention rates of a company.
The Impact of Talent Management on Retention_3

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents