Employee Retention and Talent Analytics in Talent Management (Article 08)
Human resource is the bedrock of any organization; they are a vital and significant resource that helps give the organization an edge. Technologically generated data is needed for the analysis of human resources from the point of candidate attraction to the point of employee retention. Imperatively, for organizations to determine how far they want to imbibe talent analytics will indicate plans that will effectively develop their workforce with the right competencies, and this in turn becomes a booster to retaining employees. Development in the economy has resulted in stiff Labour competition creating avenues and opportunities for human resources. The biggest challenge organizations are faced with is managing these resources and retaining them, especially talented employees. Attracting and retaining these skilled employees plays an important role for any organization as employees’ knowledge and skills are central to organizations’ ability to be economically positioned and competitive.