Enhancing Employee Engagement and Retention in the Steel Industry: The Role of Talent Management Practices
Year: 2024
Type: article
Study design: Observational Study
Abstract: The purpose of this study is to ascertain the connections between employee engagement, employee retention, and talent management practices (managerial assistance, employee career development, and rewards and recognitions) in an established steel plant. An analysis with a quantitative approach is used. There was a questionnaire used as the research tool. For this study, a random sample strategy was applied. Questionnaires were used to gather responses. The statistical tool SPSS was initially used to analyze the collected data. A quantitative survey with twenty-four questions that were scored on a five-point Likert scale from strongly disagree to strongly agree was conducted. Regression and factor analysis have been used to analyze data. The results of a linear regression study show that employee engagement and retention are positively impacted by talent management strategies, such as career development opportunities for employees, managerial support, and rewards and recognition.
Source: Economic Sciences.
DOI: 10.69889/4rbjad55
Institution: Srusti Academy of Management
Language: English
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4402200832