DEVELOPING A CONCEPTUAL LINK BETWEEN TALENT MANAGEMENT PRACTICES AND EMPLOYEE'S SUBJECTIVE WELLBEING

Abstract

In order to gain competitive advantage, the fundamental issue which an organization
has to face, is how to attract, develop, motivate and retain people. While having a great
interest of practitioners and academics, the concept of talent management lacks its
complete, correct and concise definition. The objective of this study is to develop a
conceptual model between “talent management practices” and subjective wellbeing of
employees. Through an extensive analysis of prior research studies, this study
concluded that effectively implemented talent management practices directly affect the
subjective wellbeing of the employees. This study suggests that the top management
should take care while implementing talent management practices in organization. In
future, empirical research may be conducted in order to test the relationship between
talent management practices and employees subjective wellbeing.