Original scientific paper
https://doi.org/10.1080/1331677X.2020.1748510
The relationship between talent management practices and retention of generation ‘Y’ employees: mediating role of competency development
Minha Younas
Muhammad Waseem Bari
Abstract
In a competitive marketplace, retention of talented and younger
employees is a challenge for organizations. Thus, it becomes
important for organizations to execute employees’ development
strategies to retain Generation Y employees. The goal of this
research is to analyze the effect of talent management (TM) practices
i.e. mentoring, strategic leadership, social media, and knowledge
sharing on the intention to stay of generation Y employees
and strengthening this relationship by investigating the mediating
role of competency development. A total of 372 employees of
generation Y participated in the study. The data were analyzed
through the PLS-SEM model using smartPLS-3 software. Findings
reveal that TM practices: mentoring, strategic leadership, social
media positively affect the intention to stay of generation Y
employees, while knowledge sharing has no significant effect on
the intention to stay. Competency Development mediates the
relationship between strategic leadership, social media, knowledge
sharing and intention to stay. However, competency development
does not significantly mediate the relationship between
mentoring and intention to stay.
Keywords
Talent management; generation Y; competency development; intention to stay; software houses; social exchange theory
Hrčak ID:
254453
URI
Publication date:
9.2.2021.
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