Impact of Talent Retention: A Study in B-Schools of Odisha

In the era, where global business is talk of town, every employer has to be ready for meeting the future business demands, which can be efficiently handled through talent management. Talent management is gaining popularity as a significant predictor of employee and business performance. It refers to integration of new workers, developing and retaining existing workers as well as attracting experienced and qualified persons to work for organisation. The issue of talent retention has been momentous in recent times to the development and accomplishment of organisation's goals and objectives. A number of studies have been conducted on factors affecting employee retention. Most of them found reward, job satisfaction, work environment, Human Resource policies among others to be major determinants of retention. The aim of the study is to identify the talent, develop them and retain them in the organisation. B-Schools of Odisha should adopt strategic compensation policies that adequately reward employees and to provide adequate development opportunities for employees to enhance retention.