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High Performance Work Systems aiming at attracting, developing and retaining talents

Kielstra, Jan-Willem (2015) High Performance Work Systems aiming at attracting, developing and retaining talents.

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Abstract:This paper explores the requirement of High-performance work systems in order to attract, develop and retain talents in the future. This topic has become very important since the mobility of employees has increased. Employees do not stay for forty years at one company as they used to do. The employees of today want to develop themselves and they want to build a great career. Therefore, companies need to manage their talents well in order to compete with other companies for these talents. This paper finds out what needs to be changed compared with the HR policy nowadays to achieve this. . It is found that the companies are satisfied with the way they manage their talents nowadays. The employee mobility does not affect the companies in a significant way and therefore the competition for the talents is minimized for these companies. However, they mention some important changes for their HR policy in the future. Companies might use more employer branding and increase the cooperation with schools to attract talents. Individual training programs and mentoring programs are important to develop talents in the future. To retain talents, companies must pay more attention to the changing labor market. These are the main differences with today’s way of managing talents
Item Type:Essay (Bachelor)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:01 general works
Programme:International Business Administration BSc (50952)
Link to this item:http://purl.utwente.nl/essays/67337
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