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<article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:ali="http://www.niso.org/schemas/ali/1.0/" article-type="research-article" dtd-version="1.2" xml:lang="en"><front><journal-meta><journal-id journal-id-type="publisher-id">RUDN Journal of Public Administration</journal-id><journal-title-group><journal-title xml:lang="en">RUDN Journal of Public Administration</journal-title><trans-title-group xml:lang="ru"><trans-title>Вестник Российского университета дружбы народов. Серия:  Государственное и муниципальное управление</trans-title></trans-title-group></journal-title-group><issn publication-format="print">2312-8313</issn><issn publication-format="electronic">2411-1228</issn><publisher><publisher-name xml:lang="en">Peoples’ Friendship University of Russia named after Patrice Lumumba (RUDN University)</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="publisher-id">37413</article-id><article-id pub-id-type="doi">10.22363/2312-8313-2023-10-4-583-592</article-id><article-id pub-id-type="edn">PWBGCW</article-id><article-categories><subj-group subj-group-type="toc-heading" xml:lang="en"><subject>International Experience of Public Administration</subject></subj-group><subj-group subj-group-type="toc-heading" xml:lang="ru"><subject>Международный опыт государственного управления</subject></subj-group><subj-group subj-group-type="article-type"><subject>Research Article</subject></subj-group></article-categories><title-group><article-title xml:lang="en">An Investigation into the Retention of Talent in the Nigeria Banking Sector</article-title><trans-title-group xml:lang="ru"><trans-title>Исследование проблемы удержания талантов в банковском секторе Нигерии</trans-title></trans-title-group></title-group><contrib-group><contrib contrib-type="author"><name-alternatives><name xml:lang="en"><surname>Bamigboye</surname><given-names>Tolulope</given-names></name><name xml:lang="ru"><surname>Бамигбойе</surname><given-names>Толулопе</given-names></name></name-alternatives><bio xml:lang="en">MSc Student of the Faculty of Business, Law and Social Sciences</bio><bio xml:lang="ru">магистрант факультета бизнеса, права и социальных наук</bio><email>tolulope.bamigboye@mail.bcu.ac.uk</email><xref ref-type="aff" rid="aff1"/></contrib><contrib contrib-type="author"><contrib-id contrib-id-type="orcid">https://orcid.org/0000-0002-0490-2007</contrib-id><name-alternatives><name xml:lang="en"><surname>Abdulazeez</surname><given-names>Abdulmaleek O.</given-names></name><name xml:lang="ru"><surname>Абдулазиз</surname><given-names>Абдулмалик О.</given-names></name></name-alternatives><bio xml:lang="en"><p>MSc Student of the Department of Human Resource Development</p></bio><bio xml:lang="ru"><p>магистрант департамента развития человеческих ресурсов</p></bio><email>abdulmaleek.abdulazeez@uniosun.edu.ng</email><xref ref-type="aff" rid="aff2"/></contrib></contrib-group><aff-alternatives id="aff1"><aff><institution xml:lang="en">Birmingham City University</institution></aff><aff><institution xml:lang="ru">Бирмингемский городской университет</institution></aff></aff-alternatives><aff-alternatives id="aff2"><aff><institution xml:lang="en">Osun State University</institution></aff><aff><institution xml:lang="ru">Государственный университет Осун</institution></aff></aff-alternatives><pub-date date-type="pub" iso-8601-date="2023-12-15" publication-format="electronic"><day>15</day><month>12</month><year>2023</year></pub-date><volume>10</volume><issue>4</issue><issue-title xml:lang="en">VOL 10, NO4 (2023)</issue-title><issue-title xml:lang="ru">ТОМ 10, №4 (2023)</issue-title><fpage>583</fpage><lpage>592</lpage><history><date date-type="received" iso-8601-date="2024-01-11"><day>11</day><month>01</month><year>2024</year></date></history><permissions><copyright-statement xml:lang="en">Copyright ©; 2023, Bamigboye T., Abdulazeez A.O.</copyright-statement><copyright-statement xml:lang="ru">Copyright ©; 2023, Бамигбойе Т., Абдулазиз А.О.</copyright-statement><copyright-year>2023</copyright-year><copyright-holder xml:lang="en">Bamigboye T., Abdulazeez A.O.</copyright-holder><copyright-holder xml:lang="ru">Бамигбойе Т., Абдулазиз А.О.</copyright-holder><ali:free_to_read xmlns:ali="http://www.niso.org/schemas/ali/1.0/"/><license><ali:license_ref xmlns:ali="http://www.niso.org/schemas/ali/1.0/">https://creativecommons.org/licenses/by-nc/4.0</ali:license_ref></license></permissions><self-uri xlink:href="https://journals.rudn.ru/public-administration/article/view/37413">https://journals.rudn.ru/public-administration/article/view/37413</self-uri><abstract xml:lang="en"><p style="text-align: justify;">This study aims to investigate talent retention in the Nigeria Banking Sector using Wema Bank Plc. as a case study. To achieve this aim, the primary source of data was employed to collect data from respondents. Specifically, semi-structured interviews were conducted to gather data from nine (9) employees at Wema Bank. Data retrieved were analysed using thematic analysis. Findings from the semi-structured interview showed that factors such as poor remuneration, non-flexibility in work arrangements, poor performance management process, increased workload, and increased stress levels are responsible for the increased rate of talent turnover in Nigeria Banks. In addition, it was discovered that the increased turnover rate caused by the identified factors had been the cause of poor service delivery of banks, especially in areas such as Internet banking and mobile applications. Furthermore, employee resistance to change, non-commitment of the management team, and budget constraints were identified as challenges causing a hindrance to the implementation of some of the talent retention strategies created by Wema Bank. Thus, based on the findings from the semi-structured interview, training and educating talent, ensuring timely promotion, pay increase in such a way that offers more than competitors within and outside the banking industry, rewarding and recognising talent, implementing flexible work arrangements, and ensuring cross border recruitment, have been found suitable for improving talent retention in Nigerian Banks. Furthermore, the study recommended implementing flexible work arrangement policies and practices to help reduce workload and stress and ensure a healthy work-life balance.</p></abstract><trans-abstract xml:lang="ru"><p style="text-align: justify;">Целью данного исследования является изучение проблемы удержания талантливого персонала в банковском секторе Нигерии на примере Wema Bank Plc. Для достижения этой цели в качестве основного источника данных был использован опрос респондентов. Для сбора данных были проведены полуструктурированные интервью с девятью сотрудниками Wema Bank. Полученные данные были проанализированы с использованием тематического анализа. Результаты интервью показали, что такие факторы, как низкое вознаграждение, отсутствие гибкости в организации работы, неэффективный процесс управления производительностью, возросшая рабочая нагрузка и повышенный уровень стресса, играют основную роль в увеличении текучести кадров в банках Нигерии. Кроме того, было обнаружено, что высокий уровень текучести кадров, вызванный выявленными факторами, стал причиной снижения качества банковских услуг, особенно в таких областях, как онлайн-банкинг и мобильные приложения. Кроме того, сопротивление сотрудников переменам, отсутствие приверженности управленческой команды и бюджетные ограничения были определены как проблемы, препятствующие реализации некоторых стратегий удержания талантов, разработанных Wema Bank. Таким образом, основываясь на полученных результатах, для совершенствования управления талантами были рекомендованы обучение и воспитательная работа, обеспечение своевременного продвижения по службе, повышение заработной платы таким образом, чтобы предлагать больше, чем конкуренты в банковской отрасли и за ее пределами, поощрение и признание талантов, внедрение гибких условий работы и обеспечение трансграничного найма. Кроме того, в исследовании рекомендуется внедрять практику гибкой организации работы, чтобы помочь снизить рабочую нагрузку и уровень стресса и обеспечить здоровый баланс между работой и личной жизнью.</p></trans-abstract><kwd-group xml:lang="en"><kwd>talent</kwd><kwd>talent retention</kwd><kwd>Nigerian banking sector</kwd></kwd-group><kwd-group xml:lang="ru"><kwd>таланты</kwd><kwd>управление талантами</kwd><kwd>удержание талантов</kwd><kwd>нигерийский банковский сектор</kwd></kwd-group><funding-group/></article-meta></front><body></body><back><ref-list><ref id="B1"><label>1.</label><mixed-citation>Ochuko M.A., Olumola F.B. Talent Management and Employees’ Retention in the Nigeria Banking Industry: A Study of United Bank for Africa. The International Journal of Business and Management. 2020; 8 (11): 80-88.</mixed-citation></ref><ref id="B2"><label>2.</label><mixed-citation>Oganezi B.U., Lozie, D.R. 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