THE IMPACT OF TALENT MANAGEMENT PRACTICES ON EMPLOYEE RETENTION INTENTIONS: EMPIRICAL EVIDENCE FROM HAYATABAD INDUSTRIAL ESTATE

Abstract

The current study aims to explain the effect of talent management practices on employee retention intentions. The research study has several research objectives such as to examine the effect of recruitment and selection on employee retention intentions, to investigate the impact of performance and career management on employee retention intentions, to analyse the impact of teamwork and management support on employee retention intentions and to assess the impact of salary and compensation on employee retention intentions. Using a deductive approach the primary data was collected from the employees of Match Industry of Hayatabad Industrial Estate. A total of 283 employees were selected as a sample. The results reveal that recruitment and selection, performance and career management, teamwork and management support and salary and compensation have a significant impact on employee retention intentions.

The policy recommendations are followed by the results which reveal that employees should be provided with a congenial working atmosphere. Besides, a sound career management system should be provided to employees so that their capabilities and talents may be utilized for achieving organisational goals and they may also be retained by the organization.

Key words: Talent management practices, retention intention, Hayatabad industrial estate