Impact of Talent Management on Employee Retention in Castle Hill Fire Protection Ltd

Unit 11

Table of Contents
INTRODUCTION....................................................................................................................2
1. Question and objectives.................................................................................................2
2. Research methodology.................................................................................................. 2
3. Questionnaire................................................................................................................ 2
4. Outcomes.......................................................................................................................2
5. How methods can help in achieving objectives.............................................................2
6. Other methods could have used.....................................................................................2
CONCLUSION........................................................................................................................2

INTRODUCTION
Talent management refers to the process of attraction, retention and selection of
employees across the employee life cycle. The process aims to identify the vacant positions,
selecting suitable candidates and then development of these employees to attain long term
organizational goals (Whysall, Owtram and Brittain, 2019). Employee retention is the process
adopted by organizations to prevent employee turnover. Effective talent management
strategies result in improved employee retention (Hafez, AbouelNeel and Elsaid, 2017).
Castle Hill Fire Protection ltd is the micro company which provides application and
installation of passive fire protection products. It have less than 25 working in it. It is
specialised in installation of the passive fire protection systems and products for major
projects in all over the UK. The report will aim to describe a question and objectives for the
research proposal. It will also provide literature review, research methodology, a
questionnaire and its result analysis. The outcomes and other methods which could be used in
the research methodology will also be discussed.
1. Question and objectives
Research question:
What is the impact of Talent management on employee retention in Castle Hill
Fire Protection ltd?
Aim:
The impact of Talent management on employee retention. A study on Castle Hill
Fire Protection ltd
Objectives: The objectives of the research proposal are as follows:
 To study the concept of Talent management
 To study the concept of employee retention
 To analyse the impact of Talent management on employee retention
Literature review
According to Pandita and Ray (2018), talent management refers to the
attraction, hiring and retention of employees involving various HR processes in
the employee life cycle. The purpose of the talent management processes is to

increase performances of the employees. It focus on motivating, engaging and
retaining the employees in order to improve their performances. Through talent
management, the companies can build sustainable competitive advantages and
also outperform their competition by integrated system of talent management
practices which are hard to imitate. It is regarded as a key function of human
resource management in the organizations.
However, Gallardo-Gallardo, Thunnissen and Scullion (2020), contrasted that,
the talent management practices have evolved over the years. Now it cater to
people-oriented trends such as all the aspects of the work. It has changed in fast
strides over the years too. The talent management process which involves
identification of talent gaps and vacant jobs, outsourcing and sourcing the
candidates. After that it develops the within the organizational systems and
developing their skills needed and providing them training with future focus. It
also worked to effectively engaging, motivating and retaining them to attain the
long term and short term goals of the company. So it can be called as the process
of hiring right people on-board of the company and enable them to perform their
best in business.
As per Ma, Mayfield and Mayfield (2018), employee retention is the process
of organizational abilities which helps the companies in preventing the employee
turnover i.e. number of people who leave their jobs either voluntarily or
involuntarily from the company. It is now the high priority for the leading
companies today. The effective employee retention strategies in order to reduce
the overall turnover and retaining them on board. It reduces the costs associated
with hiring and replacing the employees who left the jobs. The companies have to
keep their best employees around to thrive in the competitive environment.
Similarly Khalid and Nawab (2018), said that, employee retention is the
critical process of modern Human resource and human capital management
process in every company ether small or large. High turnover can be avoided with
the prior management intervention involving the effective employee retention
strategies. It provide various benefits to the organizations such as cost reduction
and training efficiency. It results in enhanced productivity as high retention
workplaces lead the more engaged workers who are more productive. It also
provides improved employee morale through fostering greater engagement and
connectedness that assist in morale and boost retention.