In the master's thesis we deal with talent management. We aim to define the key concepts, explore the impacts on talent management, such as demography, technology and globalization, and present its practices: talent acquisition, development, and retention. We also dedicate a few words to the challenges, opportunities, and adjustments that the outbreak of covid-19 brought along. We later focus on addressing the development and in connection with it, retention of young talent within the company. In the empirical work, we explore the views of young machinists on the development of young talents. We were primarily interested in young mechanists’ definition of the meaning of talent, how the development and retention of talent are connected, which competencies young machinists and their companies are looking for, and which good development practices have been preserved or established in the (post)covid period. The research is based on a qualitative approach, namely on eleven interviews with young machinists, whose answers were analysed using the text analysis method. We find out that young machinists place more emphasis on experience and effort than on talent, that the development of talents is closely related to their retention, and that companies and young machinists are somewhat more inclined to acquire technical competencies, although at the same time they are aware of the importance of generic competencies. We explore how the development of young machinists during covid-19 was greatly limited or even temporarily stopped, but at the same time it was partly transformed into online versions.
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