A study of human resource practices pertaining to talent management and its impact on employee retention in hotels of Pune city

The speedy rise in the growth of Pune city has generated challenges of retaining talent in the hotel industry; this has generated a great demand for skilled and talented employees. The main worry for the hotel industry is to attract and retain their talented bunch of employees. The HR department is making efforts towards preserving and channelizing these employees at a very early stage of their career with the organization. This is benefiting the organization in better customer satisfaction, good business and branding. Therefore, it is a need of an hour for every hotel to identify this talented bunch of employees and preserve them for the betterment of the organization. An early identification of the talented bunch of employees will enable an organization to preserve them for a longer time by implementing efficient talent retention practices. Thus the basic objective of this study is to analyze the HR practices pertaining to talent management adopted in the hotels and measuring its impact on employee retention. This study is in a category of descriptive research and has studied various existing HR practices pertaining to Talent management followed in the hotels of Pune city which includes surveys, fact finding enquiries of different kinds etc.