Abstract:
Investing on talents has been predominantly increasing in corporations to
generate the expected performance from the best talents and retaining them as it
is essential factor of achieving competitive edge which reflects in organizational
performance. Though a plethora of studies have been conducted for human
resource management and organizational outcomes, there is a dearth of studies
investigating on talent pools, talent management practices and its impact on
desirable employee level outcomes. The study aimed to examine the impact of
multi dimensional aspect of talent management initiatives on perceived employee
performance empirically in the context of licensed commercial banks in Sri Lanka.
Also it uncovered the most influential talent management dimension on perceived
employee performance as talent recruitment which comprised with selective
staffing and employer branding for talent acquisition in talent management-performance link. The study was conducted on a sample of 245 talented banking
employees. The data was analyzed using structured equation modeling with the
aid of AMOS version 22. The findings revealed talent management initiatives have
significant and positive effects on perceived employee performance. Further, it
divulged perceived employee performance is significantly and positively
influenced by talent recruitment dimension under talent management.
Accordingly the findings have proposed adopting talent management initiatives is
worthwhile as it leads to better improved performance of talented individuals at
work and specific attention can be given on talent recruitment in determining the
bundle of talent management practices.