Promoting human capital through talent management practices: Contextual role of psychological contracts

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Mehdi Yazdanshenas

Abstract

The purpose of this paper was to explore the direct and indirect effects of skill enhancement practices on human capital based on a talent management framework. In this research, and according to the psychological contract theory, it was assumed that employees` responses to skill enhancement and talent management practices mediate those effects. Therefore, employees` perceptions of intended qualities and talents as well as related rewards would affect their obligations to develop their skills and consequently, would determine the state of the organizations` human capital. The present study with a descriptive-survey approach examined the aforementioned assumptions and relationships within the branches of a large bank in Tehran. Research questionnaires were distributed randomly within sample branches and necessary data were collected from the bank`s employees. Outputs of regression analysis and structural equation models showed that skill-enhancement practices had a significant and positive effect on human capital. Also, organizational talent inducements mediated the relationship between skill-enhancement practices and human capital. However, the findings did not confirm the mediating role of employees` obligations to develop their skills in the relationship between organizational talent inducements and human capital.

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How to Cite
YAZDANSHENAS, Mehdi. Promoting human capital through talent management practices: Contextual role of psychological contracts. Kasetsart Journal of Social Sciences, [S.l.], v. 40, n. 3, p. 718–726, oct. 2019. ISSN 2452-3151. Available at: <http://kuojs.lib.ku.ac.th/index.php/kjss/article/view/3051>. Date accessed: 22 nov. 2019.
Section
Research articles