Nwoke, Ngozi and Worlu, Rowland E.K. and Akinbiyi, Faith (2016) EFFECT OF TALENT DEVELOPMENT ON EMPLOYEE RETENTION IN SMES IN OGUN STATE. Journal of Business & Value, 5 (2). pp. 129-137. ISSN 2315- 8212
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Abstract
Talent development is the way toward changing a firm, its workers, its partners, and gatherings of individuals inside it, utilizing arranged and spontaneous learning, keeping in mind the end goal, which is to accomplish and keep up a competitive advantage for the company. Globally, firms have the problem of retaining their workers which affects their productivity and performance in the marketplace. However one of the key components of the retention of talented workers is the availability of training and development openings. Therefore this study is targeted towards examining the effect of talent development on employee retention in selected SMEs in Ogun state, Nigeria . . Descriptive research design and stratified sampling technique were used to achieve a good representation of the various categories ofSMEs. A sample size of289 respondents was selected from twelve strata ojf:MEs. Questionnaire was the main instrument used for data collection. SPSS 20 aided in the analysis of the daca and linear regression was used to test for the effect of independent variables on the dependent variables. This research work concludes that talent development has substantial effect on employee retention. It is suggested that small and medium enterprises (SMEs) management should improve their talent development practices, especially in the area of conducting regular trainings for the talents. This will ensure that they are abreast with the latest information related to their field and jobs, so as to ensure that they remain valuable, uncommon, inimitable, and not substitutable. This will make the organization to continue to have a competitive edge over their competitors.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | Talent, development, training, learning, employee retention, small and medium enterprises(SMEs) |
| Subjects: | H Social Sciences > H Social Sciences (General) |
| Divisions: | Faculty of Law, Arts and Social Sciences > School of Social Sciences |
| Depositing User: | Mrs Hannah Akinwumi |
| Date Deposited: | 06 Feb 2018 11:48 |
| Last Modified: | 06 Feb 2018 11:48 |
| URI: | http://eprints.covenantuniversity.edu.ng/id/eprint/10166 |
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