The Impact of Talent Management on Employee Retention and Organizational Performance: The Mediating Role of Employee Engagement

Abstract

This study investigates the influence of talent management (TM) on organizational performance and talent retention. It aims to formulate hypotheses regarding the effects of talent management on organizational success and retention of talent. Employee engagement is proposed to be a mediating factor in this relationship additionally, data were gathered from 300 employees in the banking sector of Bangladesh through questionnaires and subsequently analyzed using Smart PLS. The findings illustrate the beneficial effect of talent management (TM) on organizational performance and talent retention. The research indicates that talent recognition, organization culture, learning and development and employee engagement significantly influenced organizational performance and talent retention, whereas talent attraction, had no impact. All indicators have a mediating effect on organizational performance and talent retention except learning and development.