Talent strategy for retaining banking talent in Malaysia / Dewi Tajuddin

The main objective of this paper is to verify that using a talent strategy as a business strategy can retain banking talents in the Malaysian banking sector. This study has Talent Management Practices (TMP) as its direct variable to measure its relationship with Employee Value Proposition (EVP), whi...

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Main Author: Tajuddin, Dewi
Format: Article
Language:English
Published: Universiti Teknologi MARA Sabah, Kota Kinabalu 2016
Online Access:https://ir.uitm.edu.my/id/eprint/16458/1/AJ_DEWI%20TAJUDDIN%20BA%2016.pdf
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author Tajuddin, Dewi
author_facet Tajuddin, Dewi
author_sort Tajuddin, Dewi
collection UITM
description The main objective of this paper is to verify that using a talent strategy as a business strategy can retain banking talents in the Malaysian banking sector. This study has Talent Management Practices (TMP) as its direct variable to measure its relationship with Employee Value Proposition (EVP), which is the mediating variable. The two research objectives and questions of this study were answered by employing Structural Equation Modelling (SEM). The two results of this study reveal that there are significant positive relationships between Talent Management Practices and Employee Value Proposition for Malaysian banks. This study also found that Employee Value Proposition partially mediates the relationship of Talent Management Practices in the Malaysian banking sector. With these significant relationships, the findings of this study suggest it is timely for Malaysian local banks to use their own integrated talent strategy as a business strategy not only by developing but also retaining their talented bankers with attractive reward systems. In fact, due to the acute shortage of banking talent in Malaysia, there is a strong need to use talent strategy in managing the banking talent crisis. This is because talent management requires investment in intangible assets to manage the significant rise in the turnover rate in the Malaysian banking industry.
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spelling oai:ir.uitm.edu.my:164582019-06-17T06:37:46Z https://ir.uitm.edu.my/id/eprint/16458/ Talent strategy for retaining banking talent in Malaysia / Dewi Tajuddin borneoakademika Tajuddin, Dewi The main objective of this paper is to verify that using a talent strategy as a business strategy can retain banking talents in the Malaysian banking sector. This study has Talent Management Practices (TMP) as its direct variable to measure its relationship with Employee Value Proposition (EVP), which is the mediating variable. The two research objectives and questions of this study were answered by employing Structural Equation Modelling (SEM). The two results of this study reveal that there are significant positive relationships between Talent Management Practices and Employee Value Proposition for Malaysian banks. This study also found that Employee Value Proposition partially mediates the relationship of Talent Management Practices in the Malaysian banking sector. With these significant relationships, the findings of this study suggest it is timely for Malaysian local banks to use their own integrated talent strategy as a business strategy not only by developing but also retaining their talented bankers with attractive reward systems. In fact, due to the acute shortage of banking talent in Malaysia, there is a strong need to use talent strategy in managing the banking talent crisis. This is because talent management requires investment in intangible assets to manage the significant rise in the turnover rate in the Malaysian banking industry. Universiti Teknologi MARA Sabah, Kota Kinabalu 2016 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/16458/1/AJ_DEWI%20TAJUDDIN%20BA%2016.pdf Talent strategy for retaining banking talent in Malaysia / Dewi Tajuddin. (2016) Borneo Akademika <https://ir.uitm.edu.my/view/publication/Borneo_Akademika/>, 1 (2). pp. 65-70. ISSN 2462-1641
spellingShingle Tajuddin, Dewi
Talent strategy for retaining banking talent in Malaysia / Dewi Tajuddin
title Talent strategy for retaining banking talent in Malaysia / Dewi Tajuddin
title_full Talent strategy for retaining banking talent in Malaysia / Dewi Tajuddin
title_fullStr Talent strategy for retaining banking talent in Malaysia / Dewi Tajuddin
title_full_unstemmed Talent strategy for retaining banking talent in Malaysia / Dewi Tajuddin
title_short Talent strategy for retaining banking talent in Malaysia / Dewi Tajuddin
title_sort talent strategy for retaining banking talent in malaysia dewi tajuddin
url https://ir.uitm.edu.my/id/eprint/16458/1/AJ_DEWI%20TAJUDDIN%20BA%2016.pdf
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