Role of Talent Management on Employees Retention in Kenya: A Survey of State Corporations in Kenya: Empirical Review
Journal: International Journal of Science and Research (IJSR) (Vol.3, No. 2)Publication Date: 2014-02-05
Authors : Alice Waithiegeni Kibui; Hazel Gachunga; G. S. Namusonge;
Page : 414-424
Keywords : Talent; Talent management; employee retention; state corporations in Kenyain Kenya;
Abstract
Talent management has been recognized by many authors as an important human resourse practice in the retention of employees. Retaining talented employees has become one of the major priorities of organizations and the key differentiator for human capital management. In todays rapidly moving dynamic, uncertain and highly competitive global markets, firms worldwide are facing major decisions and challenges in the global talent management. Companies are discovering that, not only is it becoming increasingly difficult to recruit top talent, but that they are running the constant risk of losing the ones they have to competitors. Consequently talent management is now viewed as a tool to strengthen organizational capability through individual development, performance enhancement, careerdevelopment and succession planning. In Kenya, many organizations have not yet embraced the concept of talent management and thus face critical challenges in recruitment and retaining of talented staff. Talent management is crucial because expertise is a must for proficient performance. In Kenya, the talent management domain is not given much emphasis within the public sector and this has lowered the level of employees retention by 30 % in over 60 % of state corporations. This study aims to review literature related to the effects talent management in the retention of employees in state corporations in Kenya with the aim of establishinggaps for further research.
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