IMPACT OF TALENT MANAGEMENT ON EMPLOYEE PERFORMANCE AND RETENTION

IMPACT OF TALENT MANAGEMENT ON EMPLOYEE PERFORMANCE AND RETENTION

Sai Krishna V

Vellore Institute Technology Business School, Chennai

Roshan Kumar S

Loyola College, Chennai

Abstract

Talent management has become increasingly important for modern organisations as a result of the advent of the modern economy, new generations entering the workforce, and the need for businesses to become more strategic and competitive, which necessitates new ways of managing resources and human capital. In a theoretical sample of fifteen journals, the influence of talent management on employee performance and retention was explored. A conceptual model of the link between talent management practise, employee performance, and employee retention was produced as a consequence. According to the comparison and conclusions from literatures, good personnel management has a significant beneficial influence on employee productivity and retention, both directly and indirectly, as a critical aspect for the firm. This study investigates the relationship between talent management, employee performance, and employee retention.

Keywords: Talent management, Employee Recognition, Job satisfaction, Learning and development, Career management, Competency mapping, Employee performance, Employee Satisfaction, Employee Retention.