1. bookVolume 12 (2021): Issue 2 (December 2021)
Journal Details
License
Format
Journal
eISSN
1847-9375
First Published
19 Sep 2012
Publication timeframe
2 times per year
Languages
English
access type Open Access

Motivational Factors and Retention of Talented Managers

Published Online: 10 Apr 2022
Volume & Issue: Volume 12 (2021) - Issue 2 (December 2021)
Page range: 200 - 220
Received: 15 Dec 2020
Accepted: 25 Sep 2021
Journal Details
License
Format
Journal
eISSN
1847-9375
First Published
19 Sep 2012
Publication timeframe
2 times per year
Languages
English
Abstract

Background: In a contemporary fast-changing world, companies are facing growing global competition, volatile markets, altered workforce structure, and another technological reshifting, which generates enormous pressure on them to improve their business performance and imposes the necessity to highlight practices of talent management more seriously.

Objectives: In this study we explore interrelations between attraction/work motivational factors and talent retention, observed through talent engagement.

Methods/Approach: The methodology in this research focuses on the comprehensive resource-based view and encompasses quantitative analysis based on data gathered from talented managers in Bosnia and Herzegovina.

Results: The research results unveiled that talents were attracted to work for current companies primarily because of: good salary and company goodwill. The top three prevalent work motivational factors for talents included: (1) comfortable work environment, (2) enough autonomy and creativity in working and deciding, and (3) work-life balance. Furthermore, talent motivational factors related to talent retention in a statistically significant positive way.

Conclusions: This study furnishes available talent research and theory by relating attraction/work motivational factors to talent engagement; and by introducing the fundamental motivational factors which are of monumental importance for retaining talented managers in Bosnia and Herzegovina.

Keywords

JEL Classification

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