Human Capital Basic Approach: Analysis Recruitment, Employee Retention Program, Leadership Development, System Reward, and Talent Management

Authors

  • Juniawan Mandala Putra Universitas Mercu Buana
  • Josua Panatap Soehaditama Institut Keuangan Perbankan dan Informatika Asia Perbanas
  • Agustian Zen Universitas Bhayangkara Jakarta Raya
  • Wenny Desty Febrian Universitas Dian Nusantara
  • Jumawan Universitas Bhayangkara Jakarta Raya

DOI:

https://doi.org/10.55927/ijabm.v2i2.3685

Keywords:

Recruitment, Employee Retention Program, Leadership Development, System Reward, Talent Management

Abstract

The purpose of this study is to look at the effectiveness of the human capital department in managing employees to achieve company goals, this study uses a literature review from various national and international journal sources, and the novelty of this study is the formation of a new framework model that previously did not exist, the results of a review of various significant articles. This study does not use respondents or data processing as analysis, this study only concludes previous research for further research. In the future, the variables in this scientific article can be used to advance research using research methods, references, or objects used

Downloads

Download data is not yet available.

References

Absalyamova, S. G., Absalyamov, T. B., Mukhametgalieva, C. F., & Khusnullova, A. R. (2015). Management of the Sustainable Development of Human Capital in the Terms of Macroeconomic Instability. Procedia Economics and Finance, 24(July), 13–17. https://doi.org/10.1016/s2212-5671(15)00606-1

Acikgoz, Y. (2019). Employee recruitment and job search: Towards a multi-level integration. Human Resource Management Review, 29(1), 1–13. https://doi.org/10.1016/j.hrmr.2018.02.009

Adam, T. C., & Epel, E. S. (2007). Stress, eating and the reward system. Physiology and Behavior, 91(4), 449–458. https://doi.org/10.1016/j.physbeh.2007.04.011

Al-Tit, A. A., Al-Ayed, S., Alhammadi, A., Hunitie, M., Alsarayreh, A., & Albassam, W. (2022). The Impact of Employee Development Practices on Human Capital and Social Capital: The Mediating Contribution of Knowledge Management. Journal of Open Innovation: Technology, Market, and Complexity, 8(4), 218. https://doi.org/10.3390/joitmc8040218

Al Kurdi, B., Alshurideh, M., & Al afaishat, T. (2020). Employee retention and organizational performance: Evidence from banking industry. Management Science Letters, 10(16), 3981–3990. https://doi.org/10.5267/j.msl.2020.7.011

Allen, R. S., & Kilmann, R. H. (2001). The role of the reward system for a total quality management based strategy. Journal of Organizational Change Management, 14(2), 110–131. https://doi.org/10.1108/09534810110388036

Aman-Ullah, A., Mehmood, W., Amin, S., & Abbas, Y. A. (2022). Human capital and organizational performance: A moderation study through innovative leadership. Journal of Innovation and Knowledge, 7(4), 100261. https://doi.org/10.1016/j.jik.2022.100261

Andre, & Lantu, D. C. (2015). Servant Leadership and Human Capital Management: Case Study in Citibank Indonesia. Procedia - Social and Behavioral Sciences, 169(August 2014), 303–311. https://doi.org/10.1016/j.sbspro.2015.01.314

AR, Muhammad Thamrin Saribanon, E., Rahmawati, A., Sucipto, Y. D., & Susanto, P. C. (2023). Determinant Job Satisfication and Performance Employee: Analysis Competence, Training, Job Experince. International Journal of Artificial Intelligence Research, 6(1.2).

Aslam, M. (2015). Influence of Work Life Balance on Employees Performance : Moderated by Transactional Leadership. Journal of Resources Development and Management, 10, 98–103.

Bardoel, E. A., Pettit, T. M., De Cieri, H., & Mcmillan, L. (2014). Employee resilience: An emerging challenge for HRM. Asia Pacific Journal of Human Resources, 52(3), 279–297. https://doi.org/10.1111/1744-7941.12033

Bell, M., & Sheridan, A. (2020). How organisational commitment influences nurses’ intention to stay in nursing throughout their career. International Journal of Nursing Studies Advances, 2(August). https://doi.org/10.1016/j.ijnsa.2020.100007

Bethke-langenegger, P., & Mahler, P. (2011). Effectiveness of talent management strategies Effectiveness of Talent. Zurich Open Repository and Archive, 5, 524–539.

Bird, B. (2019). Toward a theory of entrepreneurial competency. Advances in Entrepreneurship, Firm Emergence and Growth, 21, 115–131. https://doi.org/10.1108/S1074-754020190000021011

Bontis, N., & Fitz-enz, J. (2002). Intellectual capital ROI: A causal map of human capital antecedents and consequents. Journal of Intellectual Capital, 3(3), 223–247. https://doi.org/10.1108/14691930210435589

Braunerhjelm, P., & Lappi, E. (2023). Employees’ entrepreneurial human capital and firm performance. Research Policy, 52(2), 104703. https://doi.org/10.1016/j.respol.2022.104703

Cachón-Rodríguez, G., Blanco-González, A., Prado-Román, C., & Del-Castillo-Feito, C. (2022). How sustainable human resources management helps in the evaluation and planning of employee loyalty and retention: Can social capital make a difference? Evaluation and Program Planning, 95(September). https://doi.org/10.1016/j.evalprogplan.2022.102171

Cahyaningsih, E., Sensuse, D. I., & Noprisson, H. (2017). Multi Methods for Knowledge Management Strategy Roadmap of Government Human Capital Management. Procedia Computer Science, 124, 496–503. https://doi.org/10.1016/j.procs.2017.12.182

Celma, D., Martinez-garcia, E., & Raya, J. M. (2018). Socially responsible HR practices and their effects on employees ’ wellbeing : Empirical evidence from Catalonia , Spain. European Research on Management and Business Economics, 24(2), 82–89. https://doi.org/10.1016/j.iedeen.2017.12.001

Chon, K. K. S., & Zoltan, J. (2019). Role of servant leadership in contemporary hospitality. International Journal of Contemporary Hospitality Management, 31(8), 3371–3394. https://doi.org/10.1108/IJCHM-11-2018-0935

Christian, D. S., P, A., & Piggot. (2015). Strategic Talent Management: A Review and research agenda. Psychology of Sport & Exercise, 16(1), 3–14.

Collings, D. G., Scullion, H., & Vaiman, V. (2015). Talent management: Progress and prospects. Human Resource Management Review, 25(3), 233–235. https://doi.org/10.1016/j.hrmr.2015.04.005

Das, B. L. (2013). Employee Retention: A Review of Literature. IOSR Journal of Business and Management, 14(2), 08–16. https://doi.org/10.9790/487x-1420816

Day, D. V. (2000). Leadership development: A review in context. Leadership Quarterly, 11(4), 581–613. https://doi.org/10.1016/s1048-9843(00)00061-8

El-Kassar, A. N., & Singh, S. K. (2019). Green innovation and organizational performance: The influence of big data and the moderating role of management commitment and HR practices. Technological Forecasting and Social Change, 144(November), 483–498. https://doi.org/10.1016/j.techfore.2017.12.016

Elenkov, D. S. (2002). Effects of leadership on organizational performance in Russian companies. Journal of Business Research, 55(6), 467–480.

Ghani, B., Zada, M., Memon, K. R., Ullah, R., Khattak, A., Han, H., Ariza-Montes, A., & Araya-Castillo, L. (2022). Challenges and Strategies for Employee Retention in the Hospitality Industry: A Review. Sustainability (Switzerland), 14(5), 1–26. https://doi.org/10.3390/su14052885

Green, P. I., Finkel, E. J., Fitzsimons, G. M., & Gino, F. (2017). The energizing nature of work engagement: Toward a new need-based theory of work motivation. Research in Organizational Behavior, 37, 1–18. https://doi.org/10.1016/j.riob.2017.10.007

Holton, E. F. (1996). New employee development: A review and reconceptualization. Human Resource Development Quarterly, 7(3), 233–252. https://doi.org/10.1002/hrdq.3920070305

Huff-Eibl, R., Voyles, J. F., & Brewer, M. M. (2011). Competency-based hiring, job description, and performance goals: The value of an integrated system. Journal of Library Administration, 51(7–8), 673–691. https://doi.org/10.1080/01930826.2011.601270

Iwamoto, H., & Takahashi, M. (2015). A Quantitative Approach to Human Capital Management. Procedia - Social and Behavioral Sciences, 172, 112–119. https://doi.org/10.1016/j.sbspro.2015.01.343

Jumawan. (2023). Succession Planning : Analysis Competence , Work Motivation , Strategic Leadership Development and Assessment Employee. Formosa Journal of Multidisciplinary Research (FJMR), 2(3), 559–572. https://doi.org/https:// 10.55927/fjmr.v2i3.3355

Jumawan, & Widjaja, A. (2023). Antecedent Organizational Commitment Approach that Affects Employee Engagement. International Journal of Business and Applied Economics (IJBAE), 2(2), 177–192. https://doi.org/https://doi.org/10.55927/ijbae.v2i2.3428

Kaplan, F., & Oudeyer, P. Y. (2004). Maximizing learning progress: An internal reward system for development. Lecture Notes in Artificial Intelligence (Subseries of Lecture Notes in Computer Science), 3139, 259–270. https://doi.org/10.1007/978-3-540-27833-7_19

Kaur, R. (2017). Employee Retention Models and Factors Affecting Employees Retention in IT Companies. International Journal of Business Administration and Management., 7(1), 161–174. http://www.ripublication.com

Khasanah, F., Zainuddin, M., Ramli, A., & Susanto, P. C. (2023). The Analysis Role of Social Skills and Principal ’ s Performance on School ’ s Culture of Private Islamic School. Journal on Education, 05(04), 12980–12985.

Kloutsiniotis, P. V., & Mihail, D. M. (2020). The effects of high performance work systems in employees’ service-oriented OCB. International Journal of Hospitality Management, 90. https://doi.org/10.1016/j.ijhm.2020.102610

Kucharčíková, A., Tokarčíková, E., & Blašková, M. (2015). Human Capital Management – Aspect of the Human Capital Efficiency in University Education. Procedia - Social and Behavioral Sciences, 177(July 2014), 48–60. https://doi.org/10.1016/j.sbspro.2015.02.332

Lawler, E. E. (2003). Reward practices and performance management system effectiveness. Organizational Dynamics, 32(4), 396–404. https://doi.org/10.1016/j.orgdyn.2003.08.007

Leskiw, S. L., & Singh, P. (2007). Leadership development: Learning from best practices. Leadership and Organization Development Journal, 28(5), 444–464. https://doi.org/10.1108/01437730710761742

Lewis, R. E., & Heckman, R. J. (2006). Talent management: A critical review. Human Resource Management Review, 16(2), 139–154. https://doi.org/10.1016/j.hrmr.2006.03.001

Montero Guerra, J. M., Danvila-del-Valle, I., & Méndez Suárez, M. (2023). The impact of digital transformation on talent management. Technological Forecasting and Social Change, 188(December 2022). https://doi.org/10.1016/j.techfore.2022.122291

Muhammad, A., & Tahir, S. (2023). Determinant People Development and Employee Performance: Analysis Training,Certification, and Competence. International Journal of Business and Applied Economics (IJBAE), 2(2), 221–232. https://doi.org/https://10.55927/ijbae.v2i2.2774

Nisar, Q. A., Haider, S., Ali, F., Jamshed, S., Ryu, K., & Gill, S. S. (2021). Green human resource management practices and environmental performance in Malaysian green hotels: The role of green intellectual capital and pro-environmental behavior. Journal of Cleaner Production, 311(November 2020), 127504. https://doi.org/10.1016/j.jclepro.2021.127504

Olubiyi, O., Smiley, G., Luckel, H., & Melaragno, R. (2019). A qualitative case study of employee turnover in retail business. Heliyon, 5(6), e01796. https://doi.org/10.1016/j.heliyon.2019.e01796

Rahim, S., Murshed, M., Umarbeyli, S., Kirikkaleli, D., Ahmad, M., Tufail, M., & Wahab, S. (2021). Do natural resources abundance and human capital development promote economic growth? A study on the resource curse hypothesis in Next Eleven countries. Resources, Environment and Sustainability, 4(March), 100018. https://doi.org/10.1016/j.resenv.2021.100018

Rettrisunz, A., Panjaitan, P. I. M., Sjarifudin, D., Panatap, J., Indonesia, U., Bhayangkara, U., & Raya, J. (2023). Analysis Function Human Resource Management : Recruitment , Training , Career Development , Industrial Relation. East Asian Journal of Multidisciplinary Research (EAJMR), 2(3), 1261–1272. https://doi.org/https://doi.org/10.55927/eajmr.v2i3.3601

Ricardianto, P., Agushinta, L., Sakti, R. F. J., & ... (2020). Employee Engagement: As a Mediator of the Ship Crew’S Work Effectiveness. PalArch’s Journal of …, 17(6), 7016–7042. https://archives.palarch.nl/index.php/jae/article/view/1978%0Ahttps://archives.palarch.nl/index.php/jae/article/download/1978/1954

Rishworth, A. (2022). Wellbeing , Space and Society Who is responsible for wellbeing ? Shifting care responsibilities in the Canadian landscape : The case of state-employer interactions. Wellbeing, Space and Society, 3(September 2021), 100087. https://doi.org/10.1016/j.wss.2022.100087

Rony, Z. T., Yasin, M., Silitonga, T. B., Syarief, F., & Harianto, R. A. (2021). Employee Mapping Process as a Solution for Empowering Human Resources in Companies. GATR Global Journal of Business Social Sciences Review, 9(3), 216–223. https://doi.org/10.35609/gjbssr.2021.9.3(3)

Sensuse, D. I., Cahyaningsih, E., & Wibowo, W. C. (2015). Identifying Knowledge Management Process of Indonesian Government Human Capital Management Using Analytical Hierarchy Process and Pearson Correlation Analysis. Procedia Computer Science, 72(81), 233–243. https://doi.org/10.1016/j.procs.2015.12.136

Shafi, M., Zoya, Lei, Z., Song, X., & Sarker, M. N. I. (2020). The effects of transformational leadership on employee creativity: Moderating role of intrinsic motivation. Asia Pacific Management Review, 25(3), 166–176. https://doi.org/10.1016/j.apmrv.2019.12.002

Spruijt, B. M., Van den Bos, R., & Pijlman, F. T. A. (2001). A concept of welfare based on reward evaluating mechanisms in the brain: Anticipatory behaviour as an indicator for the state of reward systems. Applied Animal Behaviour Science, 72(2), 145–171. https://doi.org/10.1016/S0168-1591(00)00204-5

Suharyat, Y., Risna, A., Salehan, S., Kristanti, D., & Hendrawan, H. (2022). Faktor Determinan Kinerja Karyawan pada Suku Dinas Kependudukan dan Pencatatan Sipil Kotamadya Jakarta Pusat. 6(3), 4529–4534.

Suikkanen, E. (2010). How does employer branding increase employee retention? October, 72. https://www.theseus.fi/bitstream/handle/10024/35007/dissertation_e.suikkanen_em06.pdf?sequence=1

Susanto, P. C. (2022). Employee Engagement Strategy : Analysis Of Organizational Commitment , Compensation , Career Development. International Conference Of Humanities And Social Science (ICHSS), 1(1), 96–103.

Susanto, P. C., Agusinta, L., & Setyawati, A. (2023). Determinant Organization Commitment and Development Organization : Analysis Servant Leadership , Transformational Leadership , Transactional Leadership. 2(3), 541–558.

Susanto, P. C., & Parmenas, N. H. (2021). Peluang Dan Pengembangan Bisnis Software Human Resource Information System Di Era Revolusi Industri 4.0. … Business Journal, 8(2), 50–54. http://ejournal.stma-trisakti.ac.id/index.php/premium/article/view/15

Susanto, P. C., & Sawitri, N. N. (2022). Coaching, Mentoring, Leadership Transformation and Employee Engagement: A Review of the Literature. Dinasti International Journal Of Education Management And Social Science, 4(2), 297–308.

Susanto, P. C., Syailendra, S., & Suryawan, R. F. (2023). Determination of Motivation and Performance : Analysis of Job Satisfaction , Employee Engagement and Leadership. International Journal of Business and Applied Economics (IJBAE), 2(2), 59–68.

Timothy, V. L. (2022). The effect of top managers’ human capital on SME productivity: the mediating role of innovation. Heliyon, 8(4), e09330. https://doi.org/10.1016/j.heliyon.2022.e09330

Tsai, C. L., & Liou, Y. W. (2017). Determinants of work performance of seafarers. Maritime Business Review, 2(1), 36–51. https://doi.org/10.1108/MABR-09-2016-0019

Usman, A., Wirawan, H., & Zulkifli. (2021). The effect of human capital and physical capital on regional financial condition: the moderating effect of management control system. Heliyon, 7(5). https://doi.org/10.1016/j.heliyon.2021.e06945

Vakilzadeh, K., & Haase, A. (2021). The building blocks of organizational resilience: a review of the empirical literature. Continuity & Resilience Review, 3(1), 1–21. https://doi.org/10.1108/crr-04-2020-0002

Zen, A., Bhayangkara, U., & Raya, J. (2023). Mini Review : Organization Commitment , Organization Sustainability , Resilience , Community Social Behavior , Transformational Leadership. 2(3), 875–890.

Zheng, Y., Graham, L., Epitropaki, O., & Snape, E. (2019). Service Leadership, Work Engagement, and Service Performance: The Moderating Role of Leader Skills. Group & Organization Management, 45(1), 43–74. https://doi.org/10.1177/1059601119851978

Zhu, W., Chew, I. K. H., & Spangler, W. D. (2006). Corrigendum to “CEO transformational leadership and organizational outcomes: The mediating role of human-capital-enhancing human resource management” [The Leadership Quarterly 16 (2005) 39-52] (DOI:10.1016/j.leaqua.2004.06.001). Leadership Quarterly, 17(3), 316. https://doi.org/10.1016/j.leaqua.2006.03.001

Downloads

Published

2023-04-30

How to Cite

Juniawan Mandala Putra, Josua Panatap Soehaditama, Agustian Zen, Wenny Desty Febrian, & Jumawan. (2023). Human Capital Basic Approach: Analysis Recruitment, Employee Retention Program, Leadership Development, System Reward, and Talent Management. International Journal of Asian Business and Management, 2(2), 99–116. https://doi.org/10.55927/ijabm.v2i2.3685

Issue

Section

Articles