NewsLink

	E-Mail This Article Printer-Friendly Version

Talent Management Makes a Difference

In a recent poll conducted by Kenexa Research Institute, a provider of talent acquisition and retention solutions, involving workers from Brazil, China, Germany, India, as well as the United Kingdom and the United States (U.S.), participants were asked to not only evaluate their company’s commitment to talent management but it’s effect on employee engagement. For many years, academics and practitioners have recognized the influence of talent management on employee execution and motivation to complete tasks. What may have gone unnoticed are the positive effects of an organization’s talent management practices on how an employee feels about their work environment, the capabilities of their manager, as well as the retention factor. The results of this study suggest that among the six countries surveyed, only 25% of workers believe their organizations provide strong guidance in terms of goal setting, managerial feedback and career development. In fact, 53% of U.S. workers are more likely to indicate their organizations invest in and regularly practice talent management, as compared to 10% of surveyed workers in Germany and China. Across all six countries, organizations with a focus on talent management have employees who are more engaged, and who have a greater satisfaction with their job, the company overall, and in the future of their organization. Having a strong talent management culture also favorably impacts how workers rate their pride in their organization, advocating it as a great place to work. It is also interesting to note, that these employees also have a higher sense of job security, are satisfied with on-the-job training, feel performance is evaluated fairly and experience greater feelings of personal accomplishment. “People have a fundamental need to know how they are doing and what the future holds for them…. Organizations that understand this and have the process in place to make it happen have an advantage over their competitors. Not only are they going to outperform their competitors but they are building a more engaged and committed workforce,” says executive director, Jack Wiley.