Title: LEVERAGING STRATEGIC TALENT MANAGEMENT FOR SUSTAINABLE EMPLOYEE RETENTION: A MULTI-LEVEL ANALYSIS IN VIETNAM’S DYNAMIC LABOR MARKET
Author:
Hong Ngoc DINH
Abstract:
This study investigates the complex relationships between talent management practices, job satisfaction, organizational commitment, and employee retention intention in the Vietnamese context, while examining the moderating effects of cultural values and perceived organizational support. Employing a quantitative approach, we collected data from 487 employees across various industries in Vietnam and analysed it using Structural Equation Modelling (SEM). The results reveal that talent management practices, including talent acquisition and employer branding, learning and development initiatives, performance management and reward systems, and career development and succession planning, significantly influence employee retention intention through the mediating effects of job satisfaction and organizational commitment. Furthermore, cultural values and perceived organizational support positively moderate the relationships between job attitudes and retention intention. Our findings contribute to the talent management literature by providing a comprehensive model of employee retention in the Vietnamese context, offering empirical evidence for the mediating mechanisms of job attitudes, and highlighting the importance of contextual factors. This research provides valuable insights for organizations seeking to enhance employee retention in Vietnam’s dynamic business environment, emphasizing the need for a holistic approach to talent management that aligns with local cultural values and fosters a supportive work environment.
Keywords: Talent management, employee retention, job satisfaction, organisational commitment, Vietnamese workforce.
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