Abstract:
Purpose:
The purpose ofthe current study is to analyze the impact oftalent management strategies on the
employee retention in the manufacturing organization ofPakistan. Different talent management
strategies i.e. Training and Development, Recruitment and Selection, Performance management
and compensation are considered to analyze the employee retention.
Methodology:
The nature of research is explanatory and based on the deductive approach. Primary data
collected through questionnaire survey as a research instrument from a sample of 225
employees in manufacturing organization. Out of 225 survey, 215 surveys are received with
duly filed and completed information. The collected data is then analyzed with the help of
statistical analysis with the help of SPSS software.
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Findings:
The findings ofthe result indicates that all ofthe variables associated with talent management
strategies have positive and significant relationship with employee retention. Performance
management system is identified as the most effective variable which impacts the rate of
employee retention in manufacturing sector.
Implications:
The results of the current research will be beneficial for the management of manufacturing
sector. Moreover, the results can be applied to other organizations as these talent management
strategies will be constant across all sectors. With the help ofthis research, the management of
the organization will identify the most effective talent management strategies to retain their
topmost talent.