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Talent Management in the Banking Sector: A Systematic Literature Review

Author

Listed:
  • Unnar Theodorsson

    (Department of Business Administration, School of Social Sciences, Gimli Sæmundargata, University of Iceland, 102 Reykjavík, Iceland)

  • Thorhallur Gudlaugsson

    (Department of Business Administration, School of Social Sciences, Gimli Sæmundargata, University of Iceland, 102 Reykjavík, Iceland)

  • Svala Gudmundsdottir

    (Department of Business Administration, School of Social Sciences, Gimli Sæmundargata, University of Iceland, 102 Reykjavík, Iceland)

Abstract

This paper conducts a systematic literature review and relates to how talent management (TM) and recruitment strategies are applied in the financial sector, and specifically in the banking sector. The goals of this paper are to provide a comprehensive analysis of TM research in the financial sector, identify and debate major research topics, and suggest future research possibilities. The study examines publications that were published between 2000 and 2021, which were obtained from the databases Web of Science and Scopus. According to the findings, academics are becoming more interested in TM in the banking sector, which appears to be linked to the severe scarcity of skilled people who possess required talents. The findings are relevant to both academia and the banking sector, as the paper provides data relating to what has already been researched in academia, while also highlighting the need for more research into how TM is understood, valued and implemented. Consequently, this paper paves the way for academics to conduct empirical research on TM and recruitment tactics in the banking sector and the financial sector as a whole. This paper is structured according to the PRISMA requirements for systematic literature reviews.

Suggested Citation

  • Unnar Theodorsson & Thorhallur Gudlaugsson & Svala Gudmundsdottir, 2022. "Talent Management in the Banking Sector: A Systematic Literature Review," Administrative Sciences, MDPI, vol. 12(2), pages 1-30, May.
    • Handle: RePEc:gam:jadmsc:v:12:y:2022:i:2:p:61-:d:816568
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    References listed on IDEAS

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    1. Bidayatul Akmal Mustafa Kamil* & Khulida Kirana Yahya & Marhanum Che Mohd Salleh & Fatin Izzati Iqbal, 2018. "Talent Development and Retention from the Bankers’ Perspectives: A Study at Islamic Banks in Malaysia," The Journal of Social Sciences Research, Academic Research Publishing Group, pages 161-166:6.
    2. Silzer, Rob & Church, Allan H., 2009. "The Potential for Potential," Industrial and Organizational Psychology, Cambridge University Press, vol. 2(4), pages 446-452, December.
    3. Ifedapo Adeleye, 2015. "Accelerating Corporate Transformation in Emerging Markets: The Case of FirstBank," South Asian Journal of Business and Management Cases, , vol. 4(2), pages 182-191, December.
    4. Sidani, Yusuf & Al Ariss, Akram, 2014. "Institutional and corporate drivers of global talent management: Evidence from the Arab Gulf region," Journal of World Business, Elsevier, vol. 49(2), pages 215-224.
    5. Meyers, Maria Christina & van Woerkom, Marianne, 2014. "The influence of underlying philosophies on talent management: Theory, implications for practice, and research agenda," Journal of World Business, Elsevier, vol. 49(2), pages 192-203.
    6. Iles, Paul & Chuai, Xin & Preece, David, 2010. "Talent Management and HRM in Multinational companies in Beijing: Definitions, differences and drivers," Journal of World Business, Elsevier, vol. 45(2), pages 179-189, April.
    7. Alnaimi, Ayman Mousa Mahmoud & Rjoub, Husam, 2021. "Perceived organizational support, psychological entitlement, and extra-role behavior: The mediating role of knowledge hiding behavior," Journal of Management & Organization, Cambridge University Press, vol. 27(3), pages 507-522, May.
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    Cited by:

    1. Zhang, Yujin & Ye, Shujun & Liu, Jie & Zhang, Lulu & Li, Jiayi, 2025. "Can digital transformation of commercial banks reduce green credit risks?," International Review of Financial Analysis, Elsevier, vol. 99(C).
    2. Hung Manh Pham & Tra Thi Huong Le & Linh Hoai Dang & Linh Thuy Nguyen, 2024. "The impact of reward system on talented employees’ performance in Vietnamese commercial banks: mediating role of job satisfaction," Journal of Financial Services Marketing, Palgrave Macmillan, vol. 29(3), pages 1099-1114, September.

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