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Talent Retention Practices: Concepts and Analytical Perspectives

Talent Retention Practices: Concepts and Analytical Perspectives

Princy Thomas, Bharathi Venkatesh, Susan George
Copyright: © 2023 |Pages: 23
ISBN13: 9781668489420|ISBN10: 1668489422|ISBN13 Softcover: 9781668489437|EISBN13: 9781668489444
DOI: 10.4018/978-1-6684-8942-0.ch016
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MLA

Thomas, Princy, et al. "Talent Retention Practices: Concepts and Analytical Perspectives." HR Analytics in an Era of Rapid Automation, edited by Radha Yadav, et al., IGI Global, 2023, pp. 249-271. https://doi.org/10.4018/978-1-6684-8942-0.ch016

APA

Thomas, P., Venkatesh, B., & George, S. (2023). Talent Retention Practices: Concepts and Analytical Perspectives. In R. Yadav, M. Sinha, & J. Kureethara (Eds.), HR Analytics in an Era of Rapid Automation (pp. 249-271). IGI Global. https://doi.org/10.4018/978-1-6684-8942-0.ch016

Chicago

Thomas, Princy, Bharathi Venkatesh, and Susan George. "Talent Retention Practices: Concepts and Analytical Perspectives." In HR Analytics in an Era of Rapid Automation, edited by Radha Yadav, Mudita Sinha, and Joseph Varghese Kureethara, 249-271. Hershey, PA: IGI Global, 2023. https://doi.org/10.4018/978-1-6684-8942-0.ch016

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Abstract

Employee retention is a huge challenge for many companies because of the difficulty of getting the right talent at the right place for the right job with the required potential to cope with the new changing environment. A Gartner survey revealed that 91% of HR leaders expect employee turnover in the immediate future. Even more so if employees have more job offers while joining a company, and if they find discrepancies from their expectations, they are ready to leave the job. In this scenario, it is the need for organizations to identify the best strategies to retain talented employees. This chapter explains the concepts of talent retention, its relevance, practices, factors, and analytics contributing in retaining employees. This chapter will be helpful for organizations to devise new strategies for retaining the employees. This will also be useful for academicians and students to apply analytics in retaining employees.

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