Hiring and retaining the best talent organisations: a comparative study Srivastava Shalini1, Dr., Associate Professor (OB & HR) 1Galgotias Business School. Plot. No. 1, Knowledge Park II, Greater Noida, E Mail: shalinisrivastava2@gmail.com ABSTRACT There is no dearth of Human Resource in the country and even as India prepares to take more hands on role in the global economy, its young and vibrant workforce is raring to go. The situation is visibly different from just afew years ago, when Indians were merely relegated to the status of being the back office ofthe world or an even simpler “cheap workforce Thanks to an economy growing at 9% per annum, India is expanding rapidly and seeking to become globally competitive. But every change brings with it, its share of challenges. The upwardly mobhe workforce is being spoilt for choice, leading to even higher attrition rates. And talent, it appears is unable to keep pace with the blistering growth rate of Corporate India. Thefightfor talent has compelled companies to move beyond traditional methods ofrecruiting to create portfolio oftalent sourcing avenues. Companies across sectors are ramping up their operations and capacities due to which a greater need is being felt to map the labour marketfrom the strategic planning process. But creating strategies and sourcing employees alone is not going to work in today’s business scenario. The basic aim of the paper is to find out the factors that play a vital role in the recruitment and retention of the best talent in the organization. For obtaining the required information a questionnaire was designed to collect datafrom employees of various sectors like Information Technology, Business Process Outsourcing, Government Sector and Banking Industry. Top Key Words: Hiring, Retaining, Private Sector, Talent Management, Retention. Top |