Assessment Of Talent Management Practices In Awash Bank
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Date
2019-06
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Addis Ababa University
Abstract
This study was designed to assess talent management practices in Awash Bank. Data were collected from both primary and secondary sources. Population to portion size formula methods were used for selecting sample branches which the researcher believed to be representative. The target population were 622 employees and sample size of 255 employees were selected based on the formula adopted by Yamane on how to determine sample size. The sampling technique employed to collect primary information were proportionate stratified simple random sampling technique. The data were gathered through a combination of both direct personal interviews and self-administered questionnaires in order to obtain adequate and valid data for the study. The 249 responses obtained were subjected to analysis with the use of Statistical Package for Social Sciences (SPSS). The study was employed descriptive design and these data were analyzed and presented by using descriptive statistics method such as frequency, percentage, mean and standard deviation. The study examined how best Awash Bank can retain and manage talented employees to ensure survival and growth in the banking industry and came up with the following finding. The findings of the study revealed that managerial controllable factors such as insufficient rewards like salary and benefits; and limited opportunity for training and development contribute to employee turnover in Awash Bank. Management should provide a right combination of intrinsic (such as opportunity for advancement, skill variety, feedback, recognition, autonomy, etc.) as well as extrinsic factors (such as attractive pay, good working conditions, harmonious superior-subordinate relations), which can help to increase job satisfaction and commitment, which in turn reduces intention to leave
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Keywords
Talent Management, Talent Management Practices, Talent Planning