Guideline 79. Talent management and retention

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The board establishes human resources policies that enable the management to identify, develop and retain talented staff who could take on greater responsibilities in the institution. Policies based on the principles of transparency and merit are fundamental to professional fulfilment, staff morale and personal satisfaction. The work environment and institutional culture, more than monetary compensation, draws and keeps skilled and talented people in the institution.

Guideline code
GG_10400
Mechanism
Mechanism
  • Policies on the management and retention of talented staff should be documented and widely disseminated. The implementation of these policies should be consistent with the principle of transparency to leave no room for arbitrary staff movements or patronage.
  • The staff performance appraisal system should provide the appropriate monetary and non-monetary incentives to promote performance excellence. Career development should be linked to the staff performance appraisal system.
  • All staff should receive regular training in the proper use of the performance appraisal system. Both the evaluator and the person being evaluated should have a clear understanding of all the parameters involved.
  • The management should secure the service commitment of staff who are supported by the staff development programme.
Structure
Structure
  • The management should submit for board approval policies to support the attraction, development and retention of talented people. The policies should be grounded on the principles of transparency and merit.
  • The human resources unit should identify to the management those staff who have critical skills and whose career paths may be developed. The board should be informed accordingly.
Title HTML
Guideline 79. Talent management and retention
Type
Guideline_1
Weight
108