Talent development practices: Does it really matters

Abstract

Globalization transformed the employment landscape where talent becomes a new differentiator. It appears that managing and retaining talent is the biggest tenacious task that organizations are facing lately. Hence, implementation of talent management strategies, particularly engaging talent development practices has become a lifesaver to retain employees in the organizations. However, talent development getting its least importance since it has been embedded into talent management, lacking a specific focus to this function. The purpose of this study, therefore, is to examine the relationship between talent development practices and intention to stay among employees. A structural equation model was developed and tested on 287 respondents from selected Malaysian private healthcare organizations using self-administered questionnaires. With a response rate of 79.72%, the result indicated a positive significant relationship between talent development practices and intention to stay among employees.