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Exploring talent management in India: The neglected role of intrinsic rewards

  • Tymon Jr., Walter G.
  • Stumpf, Stephen A.
  • Doh, Jonathan P.
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    The challenge of global talent management is critical to firm success. Even with the global economic slowdown of 2008 and 2009, there are continuing challenges in attracting, managing, and retaining talent, especially in the developing regions of the world where economic activity has outpaced the availability of skilled employees. To examine this situation, we develop and test a model of talent management across 28 Indian firms involving 4811 professional-level employees. The intrinsic rewards experienced are a critical element in employee retention, satisfaction with the organization, and career success. We explored four antecedents of intrinsic rewards: the social responsibility of the employer, pride in the organization, manager support, and performance management (PM). We found support for the importance of intrinsic rewards as a mediating variable, as well as for the moderating role of certain hygiene factors. Our research suggests multinational, international, and national employers may have non-pecuniary mechanisms to promote retention and employee satisfaction, even in challenging labor market environments. We conclude by proposing implications for research and global HRM practices.

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    Article provided by Elsevier in its journal Journal of World Business.

    Volume (Year): 45 (2010)
    Issue (Month): 2 (April)
    Pages: 109-121

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    Handle: RePEc:eee:worbus:v:45:y:2010:i:2:p:109-121
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    1. Sparrow, Paul R. & Budhwar, Pawan S., 1997. "Competition and change: Mapping the indian HRM recipe against world-wide patterns," Journal of World Business, Elsevier, vol. 32(3), pages 224-242, October.
    2. Mellahi, Kamel & Guermat, Cherif, 2004. "Does age matter? An empirical examination of the effect of age on managerial values and practices in India," Journal of World Business, Elsevier, vol. 39(2), pages 199-215, May.
    3. Manuel Branco & Lúcia Rodrigues, 2006. "Corporate Social Responsibility and Resource-Based Perspectives," Journal of Business Ethics, Springer, vol. 69(2), pages 111-132, December.
    4. Luthans, Fred & Zhu, Weichun & Avolio, Bruce J., 2006. "The impact of efficacy on work attitudes across cultures," Journal of World Business, Elsevier, vol. 41(2), pages 121-132, June.
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