Is Career Management the Panacea to Retaining Vital Staff?

Janet Chew and Antonia Girardi

International Journal of Management and Marketing Research, 2008, vol. 1, issue 1, 83-98

Abstract: A continuing organizational issue for the management of human resource has been the retention of vital employees. As organizations battle to get the most from their existing people in an environment characterized by skill shortages, the role of human resource practices in fostering employee engagement and commitment is paramount. As firms and employees struggle to find a balance between career longevity and flexibility, the traditional role of career management as an inducement for individuals to stay with the firm is questioned. This paper reports the findings of an Australian study, which examined the current relationship between human resource management practices and the retention of vital employees working in nine organizations. Although past research has pointed to career management as a retention strategy tool, this research specifically points out that selection practices, remuneration and recognition are key factors which influence employee commitment and thereby retention. The findings of the study have salient implications for human resource academics and practitioners.

Keywords: vital employees; organizational commitment; retention strategy; career management (search for similar items in EconPapers)
JEL-codes: M1 (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (2)

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