A Study on the Impact of Employee Engagement and Organizational Commitment on Talent Retention: A Structural Equation Modeling Approach
Published: 2018
Author(s) Name: Srividya Prathiba C.S. |
Author(s) Affiliation: Assoc. Prof. & Head Dept. of Accounting and Finance, M.O.P. Vaishnav College for Women, Tamil Nadu.
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Abstract
This paper aims at devising a structural equation model on employee engagement, organizational commitment, and talent retention in new generation private sector banks. The study analyses the relationship between the talent-management crunch which the banks are facing and the strategies that are devised in order to hold on to their talent. This article aims to review and discuss existing talent-management practices in new generation private sector banks and the strategies adopted by them through which, they retain their indispensable talent. Thus, this study aims to devise a structural equation model to ensure winning and retaining the talent. For this purpose, a conceptual framework is formulated and tested with a sample of 500 employees working with private sector banks. The results reveal that employee engagement and organizational commitment positively lead to talent retention.
Keywords: Employee Engagement, Human Capital, Impending Gap, Organizational Commitment, Talent Management
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