Do global talent management programs help to retain talent? A career-related framework

Domitille Bonneton (), Stephanie Katja Schworm, Marion Festing and Maral Muratbekova-Touron
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Domitille Bonneton: CRCGM - Centre de Recherche Clermontois en Gestion et Management - UdA - Université d'Auvergne - Clermont-Ferrand I - ESC Clermont-Ferrand - École Supérieure de Commerce (ESC) - Clermont-Ferrand, ESC Clermont-Ferrand - École Supérieure de Commerce (ESC) - Clermont-Ferrand
Marion Festing: ESCP Europe, Berlin
Maral Muratbekova-Touron: ESCP Europe - Ecole Supérieure de Commerce de Paris

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Abstract: Global talent management is a key success factor for multinational corporations, as investments made to attract and retain talent are enormous. However, the link between talent management practices and retention is under-researched. In this paper, we fill this research gap by proposing a conceptual framework linking global talent management practices and talent retention in multinational corporations, by exploring the role of individual careers through knowing-whom career capital and career success. We conducted a survey among talent and a control group within a multinational company, to test our framework through structural equation modeling. The main results show that talent management practices have a positive effect on talent's intention to stay and that careerrelated aspects are key factors in retaining this talent on a global scale. Thus, our contribution is threefold: a conceptual framework, empirical evidence, and a new literature-based TM index, which makes the perceived intensity of TM programs measurable.

Keywords: retention; knowing-whom career capital; career success; global talent management; global talent management career success knowing-whom career capital retention (search for similar items in EconPapers)
Date: 2022-01-19
Note: View the original document on HAL open archive server: https://hal.science/hal-03876972v1
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Citations: View citations in EconPapers (3)

Published in International Journal of Human Resource Management, 2022, 33 (2), pp.203-238. ⟨10.1080/09585192.2019.1683048⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03876972

DOI: 10.1080/09585192.2019.1683048

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