Talent Management is a topic gaining more attention among businesses and it is one of the most
important challenges faced by companies worldwide; therefore it should be a top priority for
managers. Literature states that many organisations are not aware of the issue of Talent Retention
and that it is the high performers who are the ones end up leaving. Due to that the generation
Millennials are considered to be a generation with talent and the education needed to take over
and become the next generation of leaders, it is important to take advantage of them as
opportunities and factors for success.
One opportunity for companies to both attract talents and thereafter retain them is through
conducting trainee programmes, however, to successfully execute these programmes, resources in
terms of money, time and efforts are required. Therefore, in order to achieve the best possible
return on the resources invested is it crucial to be able to retain the talents after them finishing
the trainee programme. In order to answer our research question and fulfil our purpose we have
done a multiple case study and conducted in-depth interviews to gather qualitative data. Our
sample group consisted of eight representatives, two managers and six trainees, working at the
two companies sampled. Consequently, our findings show that even without having an outlined
retention plan, companies can be successful within Talent Retention. Moreover, this research
acknowledge that good leadership, presence of Psychological Ownership and opportunities for
challenges and development are the most important factors leading to talents wanting to stay
within the company, after participating in the company’s trainee programme.
2016. , 45 p.
Talent Management, Talent Retention, Millennial, Trainee Programme, Psychological Ownership