The determinants of talent management on employees’ performance in selected Commercial Bank in Klang Valley

Businesses invest a significant amount of resources for their human resource development and the banking sector is not exceptional. The increasing trend of retention rate of productive employees is crucial and a major concern for the organization as it is more efficient to retain a quality employee than to recruit, train, and orient a replacement
employee of the same quality. One of the most critical issues facing organizations today is how to retain employees they want to keep. This study investigates the framework of
talent management to be practices in human resource development in the banking sector. Talent management is a sequence process of possessing a pool of talent, selecting the right employee, positioning of employment, training to increase the skills of the talent as well as the act of retaining the talent respectively. The main focus of talent management is to initially develop and increase the best potentials of the talent works’ performance as well as to improve the competitive advantages of the organization. Talent retention turnover can be a hazard for the organization as it involves the variety cost of turnover,
transition cost, and replacement cost which can affect the productivity of the organization directly as well as lowering the level of work performance in the organization. This study tested the three determinants of talent management that can increase employees’ performance in a selected commercial bank in Klang Valley as it was reported that banking industries have the highest rate of employee retention. The outcome of the study is beneficial to the banking sector to design their talent management and obtained the maximum level of talent management effectiveness and enhance the employee performance throughout the working process.