Salsa Nabila
Management Study Program, Faculty of Social Science, Universitas Pembangunan Panca Budi Medan, Indonesia

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Global Talent Management: Employee Retention Strategies in Multinational Company Vina Sasmita; Melody Try Yana; Salsa Nabila; Sherly Anesha; Khalida Zia Zuriana; Wilchan Robain
International Journal of Accounting, Business, and Economic Policy Vol. 1 No. 2 (2025): April
Publisher : CV Projurnal Mitra Publikasi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.66324/ijabep.v1i2.17

Abstract

Employee retention, particularly in the context of multinational corporations, is a complex challenge that is influenced by various factors, including organizational culture, compensation, career development opportunities, and work-life balance. This research aims to understand how multinational companies can improve employee retention in an increasingly complex global environment. The writing of this research utilizes literature review data collection of various reports, publications, or news about talent management, specifically related to employee retention improvement strategies. The results show that effective retention strategies involve a combination of intrinsic and extrinsic factors. Intrinsic factors include career development, performance recognition, and a strong organizational culture. Meanwhile, extrinsic factors include competitive compensation, attractive benefits, and work flexibility. Employee retention is a strategic approach that organizations use to persuade their employees to stay committed and loyal to the company.