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Literature reviewed on the subjects of talent management and retention indicates that these are challenges experienced by many organisations both locally and internationally.
When looked at closely, the cost of employee turnover is significant and even startling.
The purpose of this study set out to determine whether talent management has an impact on employee retention and also exposes the cost implications of staff turnover.
To investigate these issues, a survey questionnaire was carried out at the BMW Franchise operating within the Imperial group.
After collating the data from the survey a discussion is followed under the various themes namely; talent management and job satisfaction, talent management and turnover, talent management and employee retention and the cost of employee turnover.
This study provides information on the data analysed from the study.
Assumptions are drawn to show the importance of talent management and the cost to a company if talent is lost.
Lenisha Wright has worked in the Human Resources field for 20 years occupying senior roles.
She holds a Bachelor’s degree in Psychology, an MBA, a diploma in Labour Law and Certificates in organizational development and leadership.
Within her HR role, she has extensive experience as a generalist having dealt with all areas of HR at a senior level
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