Talent management practices as a key factor on employee engagement: the mediating effect of job satisfaction in FMCG sector

Abstract

In a fast growing economy retaining talent has become a critical issue. Talent Management Practices go a long way in enhancing retention. Giving recognition to employees, and creating conducive working environment, providing rewards and promotions, succession planning, training and development are Talent Management Practices that may promote retention and high employee engagement.

Organizations are built by persons and every successful organization is a result of effective and talented human resource. All the other components of the organization like infrastructure, machinery, plants, raw materials, market, logistics etc. can be easily procured but workforce is something that needs to be nurtured timely and judicialy. (McCauley & Wakefield, 2006)

The present study is exploratory in nature in which survey is conducted in Uttar Pradesh and path analysis is done with the objective to understand the connection between talent management practices and employee engagement among workforce of FMCG sector. The result indicates that direct causal association exist between the talent Management and Job satisfaction whereas indirect casual relationship between talent management and employee engagement mediated through job satisfaction.