Asian Journal of Research in Business Economics and Management
  • Year: 2017
  • Volume: 7
  • Issue: 9

HR viewpoint towards talent management practices

*Department of Business Administration, Chaudhary Devi Lal University, Sirsa, India. Email: profsultansingh@gmail.com

**Department of Business Administration, Chaudhary Devi Lal University, Sirsa, India. Email: poojarkushwaha@gmail.com

Online published on 21 September, 2017.

Abstract

The present study attempts to examine the HR view towards talent management practices in private banks and insurance companies. Primary data have been collected through pre-tested structured questionnaire. For the purpose of data collection, a sample of 102 HR managers working in the both private banks and insurance companies of Haryana and Delhi is taken on the basis of judgment sampling. The collected data were analyzed with the help of independent sample t-test and ranking method. The findings indicated that HR managers used different talent management practices (identification, attraction, retention and development of the talent) according to need of organization and nature of employees. The study recommends that the private banks and insurance companies should focus on training prearranged for employees to enhance their communication skills according to demand of market. Training in "Regional language? should be imparted to the staff intricately involved with public dealings. Regular training and working with different department enhance their knowledge and experience. Career path should be clearly defined for employeesand their future growth within the organization. Organizations that want to retain talented employees need to provide a difficult targets that allows them to re-energize.

Keywords

Talent, Management, Practices, HR, Banks, Insurance