IDEAS home Printed from https://ideas.repec.org/a/eee/worbus/v49y2014i2p262-271.html
   My bibliography  Save this article

Generational challenges to talent management: A framework for talent retention based on the psychological-contract perspective

Author

Listed:
  • Festing, Marion
  • Schäfer, Lynn

Abstract

In this conceptual paper, we adopt a social-exchange theory perspective to explain the impact of talent management (TM) on the psychological contract and its outcomes. This relationship is supposedly moderated by generational effects and associated differences in work-related values and preferences. Thus, often-neglected individual-level variables are included in the analysis. A framework and testable propositions are provided. As a result, we propose that in contexts where a war for talent prevails, the strong interest of Generations X and Y in training, development, and career advancement makes highly engaged and extensive TM activities even more crucial for retaining talented individuals than is the case for the so-called Baby Boomer generation.

Suggested Citation

  • Festing, Marion & Schäfer, Lynn, 2014. "Generational challenges to talent management: A framework for talent retention based on the psychological-contract perspective," Journal of World Business, Elsevier, vol. 49(2), pages 262-271.
    • Handle: RePEc:eee:worbus:v:49:y:2014:i:2:p:262-271
    DOI: 10.1016/j.jwb.2013.11.010
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1090951613000862
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.jwb.2013.11.010?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Farndale, Elaine & Scullion, Hugh & Sparrow, Paul, 2010. "The role of the corporate HR function in global talent management," Journal of World Business, Elsevier, vol. 45(2), pages 161-168, April.
    2. M. Leberre & B. Chapelet, 2012. "Producing New Knowledge on Innovation Management," Post-Print halshs-00788243, HAL.
    3. Tatli, Ahu & Vassilopoulou, Joana & Özbilgin, Mustafa, 2013. "An unrequited affinity between talent shortages and untapped female potential: The relevance of gender quotas for talent management in high growth potential economies of the Asia Pacific region," International Business Review, Elsevier, vol. 22(3), pages 539-553.
    4. Scullion, Hugh & Collings, David G. & Caligiuri, Paula, 2010. "Global talent management," Journal of World Business, Elsevier, vol. 45(2), pages 105-108, April.
    5. Tymon Jr., Walter G. & Stumpf, Stephen A. & Doh, Jonathan P., 2010. "Exploring talent management in India: The neglected role of intrinsic rewards," Journal of World Business, Elsevier, vol. 45(2), pages 109-121, April.
    6. Schuler, Randall S. & Jackson, Susan E. & Tarique, Ibraiz, 2011. "Global talent management and global talent challenges: Strategic opportunities for IHRM," Journal of World Business, Elsevier, vol. 46(4), pages 506-516, October.
    7. Isabelle Huault & V. Perret & S. Charreire-Petit, 2007. "Management," Post-Print halshs-00337676, HAL.
    8. Tarique, Ibraiz & Schuler, Randall S., 2010. "Global talent management: Literature review, integrative framework, and suggestions for further research," Journal of World Business, Elsevier, vol. 45(2), pages 122-133, April.
    9. repec:dau:papers:123456789/11419 is not listed on IDEAS
    10. Hiltrop, Jean-Marie, 1999. "The quest for the best: human resource practices to attract and retain talent," European Management Journal, Elsevier, vol. 17(4), pages 422-430, August.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Latukha, M. & Veselova, A. & Selivanovskikh, L. & Artukh, E. & Mitskevich, E., 2016. "Re-thinking the role of talent management in a firm’s performance: Talent management practices and absorptive capacity," Working Papers 6442, Graduate School of Management, St. Petersburg State University.
    2. Tatoglu, Ekrem & Glaister, Alison J. & Demirbag, Mehmet, 2016. "Talent management motives and practices in an emerging market: A comparison between MNEs and local firms," Journal of World Business, Elsevier, vol. 51(2), pages 278-293.
    3. Meyers, Maria Christina & van Woerkom, Marianne, 2014. "The influence of underlying philosophies on talent management: Theory, implications for practice, and research agenda," Journal of World Business, Elsevier, vol. 49(2), pages 192-203.
    4. Novera Ansar & Akhtar Baloch, 2018. "Talent And Talent Management: Definition And Issues," IBT Journal of Business Studies (JBS), Ilma University, Faculty of Management Science, vol. 14(1), pages 14-14.
    5. Eglal Hafez & Reem AbouelNeel & Eahab Elsaid, 2017. "An Exploratory Study on How Talent Management Affects Employee Retention and Job Satisfaction for Personnel Administration in Ain Shams University Egypt," Journal of Management and Strategy, Journal of Management and Strategy, Sciedu Press, vol. 8(4), pages 1-17, August.
    6. Schehar Bano & Muhamamd Aslam Khan & Qazi Habib Ur Rehman & Asad Afzal Humayoun, 2011. "Schematizing Talent Management, A Core Business Issue," Far East Journal of Psychology and Business, Far East Research Centre, vol. 2(1), pages 4-16, January.
    7. Sidani, Yusuf & Al Ariss, Akram, 2014. "Institutional and corporate drivers of global talent management: Evidence from the Arab Gulf region," Journal of World Business, Elsevier, vol. 49(2), pages 215-224.
    8. Al Ariss, Akram & Cascio, Wayne F. & Paauwe, Jaap, 2014. "Talent management: Current theories and future research directions," Journal of World Business, Elsevier, vol. 49(2), pages 173-179.
    9. Beamond, Maria Teresa & Farndale, Elaine & Härtel, Charmine E.J., 2016. "MNE translation of corporate talent management strategies to subsidiaries in emerging economies," Journal of World Business, Elsevier, vol. 51(4), pages 499-510.
    10. Ramazan Özkan Yildiz & Soner Esmer, 2021. "Talent management related concepts and debates in container shipping industry by an emerging market perspective," Journal of Shipping and Trade, Springer, vol. 6(1), pages 1-30, December.
    11. Priya BAGUANT, 2015. "The Challenges of Talent Management in a diverse workforce: The Case of Dubai," Proceedings of International Academic Conferences 2503938, International Institute of Social and Economic Sciences.
    12. Alex Anlesinya & Kwasi Dartey-Baah & Kwesi Amponsah-Tawiah, 2019. "A Review of Empirical Research on Global Talent Management," FIIB Business Review, , vol. 8(2), pages 147-160, June.
    13. Farndale, Elaine & Beamond, Maria & Corbett-Etchevers, Isabelle & Xu, Shiyong, 2022. "Accessing host country national talent in emerging economies: A resource perspective review and future research agenda," Journal of World Business, Elsevier, vol. 57(1).
    14. Novera Ansar & Akhtar Baloch, 2018. "Talent And Talent Management: Definition And Issues," IBT Journal of Business Studies (JBS), Ilma University, Faculty of Management Science, vol. 14(2), pages 174-186.
    15. P.C. Bahuguna & Deepak Bangwal & Rajeev Kumar, 2023. "Talent Management and Its Impact on Organizational Commitment: An Empirical Investigation of Indian Hospitality Industry," FIIB Business Review, , vol. 12(2), pages 176-192, June.
    16. Caligiuri, Paula & Bonache, Jaime, 2016. "Evolving and enduring challenges in global mobility," Journal of World Business, Elsevier, vol. 51(1), pages 127-141.
    17. Harvey, Michael & Reiche, B. Sebastian & Moeller, Miriam, 2011. "Developing effective global relationships through staffing with inpatriate managers: The role of interpersonal trust," Journal of International Management, Elsevier, vol. 17(2), pages 150-161, June.
    18. Collings, David G., 2014. "Integrating global mobility and global talent management: Exploring the challenges and strategic opportunities," Journal of World Business, Elsevier, vol. 49(2), pages 253-261.
    19. Montero Guerra, José Manuel & Danvila-del-Valle, Ignacio & Méndez Suárez, Mariano, 2023. "The impact of digital transformation on talent management," Technological Forecasting and Social Change, Elsevier, vol. 188(C).
    20. Dr. Anju Sigroha & Ms. Surbhi Dahiya, 2023. "Talent Management, its Practices and Antecedents: A Systematic Review," Post-Print hal-03989748, HAL.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:worbus:v:49:y:2014:i:2:p:262-271. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/620401/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.