A Descriptive study of Talent Management Practices followed by Wipro Ltd

Abstract

Purpose: Talent management comprises of HR procedures used to recruit, train, inspire, and keep high-performing personnel is known as talent management. The challenge of managing talent is crucial and extremely hard. Acquisition of the right talent strengthens organisational strategy. For an organisation, the biggest difficulty is no longer just recruiting outstanding employees, but also keeping them. However, Wipro's HR Talent Management is a cloud-based tool that helps HR teams find, develop, and keep people. It is built on the dependable and highly scalable ServiceNow platform. The goal of this paper is to find out the talent management strategies followed at Wipro Ltd. Methodology: The paper uses secondary sources of information, such as books, journals, articles, newspapers, and websites. Findings: According to the findings the company's recruitment strategy demonstrates that it rigorously adheres to the adage "right man for the right job,” and utilize both compensation and non-compensation strategies, and offer merit-based raises. Additionally, restricted stock units provide equity-based pay for middle and senior management. Originality/Value: Based on the secondary data available, this work makes an attempt to investigate the talent management practices followed at Wipro Ltd. Paper Type: Case Study