IMPACT OF TALENT MANAGEMENT ON EMPLOEE'S SATISFACTION IN BANKING SECTOR OF SINDH

Abstract

Purpose - The purpose of the study is to evaluate the important trend of HR (Talent management) that how it impacts on employee’s satisfaction to retain, manage and attract top Talent. Management is very important factor of today’s economy because of new generation entering in the workforce and business requires becoming more strategic. When talent management aligned with organization’s strategy it will generate maximum profit. Methodology/ sample- In this study the questionnaires filled by 200 respondents to collect the data. Respondents belong to different age group and areas. For data analysis regression and correlation tests were applied. Data collected from three different cities of Sindh (Karachi, Hyderabad and Shikatpur). Findings- Quantitative approach was used to analyze the data. Primary data was collected through questionnaires, responded by bank employees. Majority of banks are practicing Talent Management in their organization. However, it was also evident that employees don’t have clear concept of Talent Management. In small city Shikarpur people was completely unaware, whether they were treated as Talent or not. Whereas in comparatively bigger cities i.e. Hyderabad and Karachi, situation was not as desperate as it is in Shikarpur. Overall, most of the employees seemed satisfied with their respective organizations; there were fewer numbers of employees who actually wanted to switch organization. Conclusion & recommendation- The study support that Talent Management actually plays an important role in employee’s satisfaction. The results of the study might help the managers in aligning strategies with Talent to earn more profit, and helped to avoid problems which create hindrance in the development of Talent Management. Employees will only creative, when they feel happy and satisfied with their job.