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Original Research

TALENT RETENTION STRATEGIES - INTERVENTIONS OF CROSS CULTURAL MANAGEMENT BUILD A CULTURE; EMPLOYEES WANT TO BE A PART OF

Dr. RAJINI.G, and SIVASAKTHI KUMAR

Vol 17, No 07 ( 2022 )   |  DOI: 10.5281/zenodo.6950801   |   Author Affiliation: Director -Institutional Collaborations and MoU, Professor & Head- MBA (General), School of Management Studies, Vels Institute of Science and Technology & Advanced Studies, Chennai, India; Research Scholar, School of Management Studies, Vels Institute of Science and Technology & Advanced Studies, Chennai.   |   Licensing: CC 4.0   |   Pg no: 1451-1463   |   To cite: Dr. RAJINI.G, and SIVASAKTHI KUMAR. (2022). TALENT RETENTION STRATEGIES - INTERVENTIONS OF CROSS CULTURAL MANAGEMENT BUILD A CULTURE; EMPLOYEES WANT TO BE A PART OF. 17(07), 1451–1463. https://doi.org/10.5281/zenodo.6950801   |   Published on: 30-07-2022

Abstract

The economies globally are developing post the pandemic talent management strategies still not have got proper recognition globally. The transformation of global talent management is affected by its culture and other difference. Exploring the influencers of talent retention strategies in global multinational corporations will be add on for companies to understand the key factors that should be taken into consideration. A quantitative look over was adopted and data was collected among 223 respondents globally among multinational companies. A self-administered autonomous structured questionnaire was used for data collection, statistical package SPSS 22 was used for analysing the quantified data. The study result found that the key determinants of retention strategies are performance and recognition, career development, covid-19 initiatives, global communications and the demographics do not have direct difference with the retention strategies. The study recommends that companies to make people in the organization more cross culturally aware and must pay ears to the employees on the aspects discussed in detailed to enable them stay long in the organization.


Keywords

Separation Rate, Talent Management, Internal Mobility, Retention Strategies, Cross Cultural Management