Talent Management on Employee Retention

ICIMP-2018 | SPECIAL ISSUE | SEP-2018 | Published Online: 03 October 2018    PDF ( 161 KB )
Author(s)
Dr. S.Yuvaraj 1; Ms. S. Bhavani 2

1Asst. Professor, Department of Commerce, University of Madras, Chepauk, Chennai (India)

2M.Phil. Scholar, Department of Commerce, University of Madras, Chepauk, Chennai (India)

Abstract

Today, the organizations working very hard to recruit, select and retain the employees because they believe employees are the only assets who can make meaningful contributions. The organizations set the direction to reach their goal but it is difficult without the employees for this purpose, they need talented employees. The organizations using several strategies to adapt and retain the talented employees to achieve their objectives. Talent management is one of the main strategy used by the human resource management to make a healthy environment. Talent management is a process of finding a new talented employee and developing the existing employee’s skills, encourages them to achieve the organizational goals in present as well as future. Based on this conceptual study, the main objectives are to identify the factors influencing the talent management process and also analyze the talent management technique and employee retention. In addition, it discusses the stages of the talent management and how this strategy helps to employee retention.`

Keywords
Employee retention, Human resource management, Recruitment and selection, Talent management, Training
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