IMPACT OF VARIOUS TALENT MANAGEMENT PRACTICES ON ORGANIZATIONAL PERFORMANCE IN SELECTED ITES COMPANIES IN SOUTH INDIA

Abstract

Poor employee engagement is closely related to issues with staff retention. This might be quite costly to the company. In this economic climate, training and development opportunities can be quite valuable to both job seekers and current employees. As a result, enabling employees with a platform to express and connect can significantly raise engagement levels.Thus, the aim of this study is to investigate the effect of talent management practices on the organizational performance in ITES companies located in Chennai region, South India. This paperseeks to make contributions through an empirical evaluation of talent management practices followed by those companies taken up for the study. The structured questionnaire was distributed to collect data from a study sample of140 managers working in some 20 companies.SEM-AMOS was used to check the significance of the four hypotheses framed for the study. The results of this study show that talent attraction, career management and Learning & Development hadpositive impact on organizational performance, whereas talent retention was found to have nosignificant impact. The result indicated that all the predictors are to be ensured by the HR managers to enhance organizational efficiency and effectiveness. The result of the study also implies that talent retention is an important area of concern for the HR managers, which should be improved in order to improve the organizational performance

Keywords: Talent attraction; Compensation, organizational performance; Productivity, performance appraisal.