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Title of the Research Article:Talent Management Issues of Pharmaceutical Companies

Affiliations

  • Department of Management, Sikkim University, Tadong, Gangtok, Sikkim, India
  • Department of Management, School of Professional Studies, Sikkim University, Tadong, Gangtok, Sikkim, India

Abstract


The major problem being faced by pharmaceutical companies in India is talent gap and one of the dimensions include high attrition rate. After Information Technology, the pharmaceutical industry is grappling with the highest level of attrition. In Sikkim, addition to high attrition rate, the pharma companies also have problems in attracting the best talent and developing the talent. Talent management is a matter of serious concern for pharma companies in Sikkim. The present study aims to understand talent management practices and explore issues of pharmaceutical companies in Sikkim. For the purpose of the study, 9 pharma companies in Sikkim are selected based on judgemental sampling. Data were collected through questionnaire and interview with senior Human Resource (HR) managers. Majority of the companies are giving top priority to talent management as they believe that it significantly influences company's performance.

Keywords

Attrition, Pharmaceutical Industry, Sikkim, Talent Management.

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