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Examining HRM Practices in Relation to the Retention and Commitment of Talented Employees

Author

Listed:
  • Juraj Tej

    (Faculty of Management, University of Prešov, 08001 Prešov, Slovakia)

  • Matúš Vagaš

    (Faculty of Management, University of Prešov, 08001 Prešov, Slovakia)

  • Viktória Ali Taha

    (Faculty of Management, University of Prešov, 08001 Prešov, Slovakia)

  • Veronika Škerháková

    (Faculty of Management, University of Prešov, 08001 Prešov, Slovakia)

  • Michaela Harničárová

    (Faculty of Management, University of Prešov, 08001 Prešov, Slovakia)

Abstract

The claim that human resources or human capital is the most important and valuable asset of organizations is widespread and widely accepted. For this reason, one of the biggest challenges for organizations is to find the right employees with the necessary skills, high potential, and talent. However, the challenge for organizations is not only to find, but also to retain and to use the potential of talented employees. The main aim of this study is to identify the HRM practices which most significantly affect the retention and commitment of talented employees. Based on factor analysis, individual factors of HRM practices were identified. Through canonical analysis, the relationships between the identified factors of HRM practices, talent retention (the intention of talented employees to remain in the organization), and the organizational commitment of talented employees were identified. One of the most important results of the study is the identification of human resource management practices that are most strongly associated with talent retention and commitment.

Suggested Citation

  • Juraj Tej & Matúš Vagaš & Viktória Ali Taha & Veronika Škerháková & Michaela Harničárová, 2021. "Examining HRM Practices in Relation to the Retention and Commitment of Talented Employees," Sustainability, MDPI, vol. 13(24), pages 1-18, December.
    • Handle: RePEc:gam:jsusta:v:13:y:2021:i:24:p:13923-:d:704239
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    Citations

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    Cited by:

    1. Umma Nusrat Urme, 2023. "The Impact of Talent Management Strategies on Employee Retention," International Journal of Science and Business, IJSAB International, vol. 28(1), pages 127-146.
    2. Sandra Misiak-Kwit & Katarzyna Wlodarczyk & Ewa Mazur-Wierzbicka & Lukas Smerek & Jozef Durian, 2023. "The Human Resources Management System in Slovakia and Poland – Chosen Aspects," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 20-39.
    3. Fida Hassanein & Hale Özgit, 2022. "Sustaining Human Resources through Talent Management Strategies and Employee Engagement in the Middle East Hotel Industry," Sustainability, MDPI, vol. 14(22), pages 1-19, November.
    4. Michael Ochurub PhD & Andrew Jeremiah PhD & Selma Iipumbu, 2022. "The Influence of Career Development Practices on Employee Retention in The Mining Industry in Namibia," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 6(6), pages 222-233, June.
    5. Hung Manh Pham & Tra Thi Huong Le & Linh Hoai Dang & Linh Thuy Nguyen, 2024. "The impact of reward system on talented employees’ performance in Vietnamese commercial banks: mediating role of job satisfaction," Journal of Financial Services Marketing, Palgrave Macmillan, vol. 29(3), pages 1099-1114, September.

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