International Journal of Research in Economics and Social Sciences
  • Year: 2015
  • Volume: 5
  • Issue: 12

Essentials of employee value proposition for operating talent managementas a business strategy

  • Author:
  • Avinash Pawar1, Kuldip S. Charak2
  • Total Page Count: 14
  • Page Number: 168 to 181

1Ph. D. Student, University of Pune, Pune

2Director, Navsahyadri Institute of Management, University of Pune, Pune

Online published on 19 May, 2016.

Abstract

Talent management by and large manages determination, enrollment, development and retention of talented people in an organization. It must be polished at all levels of organization as it requires interest in elusive resources and is seen as a vehicle for future corporate development in India. Managing an account organizations are currently confronting intense and deficiency of keeping money talents. This need is supported as keeping money foundations are in the periods of unions because of Asian cash emergency in 1997 and the time of globalization of banks. The point of the study is to analyze talent management rehearses in the saving money establishments trying to propose it as a business procedure for predictable development and benefit. To understand this reason, three variables, in particular Talent Management Practices (TMP), Employee Value Proposition (EVP) and Talent Brand Strategy (TBS) are inspected against 12 markers of testifying so as to keep money talents their immediate and roundabout relationships. This study likewise endeavors to satisfy five research targets and research questions by utilizing the Structural Equation Modeling (SEM). The five theories of the study uncovered that there are noteworthy positive relationships between Talent Management Practices, Employee Value Proposition and Talent Brand Strategy in banks. The study additionally found that Employee Value Proposition intervene the relationship between Talent Management Practices and Talent Brand Strategy. With these noteworthy discoveries it is recommended that banks see talent technique as a business system; henceforth anticipated that would improve monetary products and administrations. Also, because of the intense lack of keeping money talents, there is a solid need to advance talent management hones at all levels of organization. This is further fortified as talent management requires interest in elusive resources with the goal banks should necessities to end up a business procedure sustain competitiveness in this period of global banking for their constant development and benefits.

Keywords

Employee Value Proposition, Talent Management, Talent Brand strategy