Today every organization is currently facing a growing shortage of candidates with the skills necessary to fill roles being created by private sector. There is always urgent need of talent employees to fulfill the effective roles that influence the growth of any organization. Severe skill shortages prevail and finding top talent is more difficult than ever. In this talent hungry scenario, one of the greatest challenges that organizations are facing is successfully attract, assess, train and retain talented employees. Talent management encompasses in itself the entire process of Planning, Recruiting, Developing, and Managing and Compensating employees in the Organization. Every business unit is making sure that they can respond and withstand the challenge of talent crisis by developing good HR practices so has to attract and retain highly talented employees by protecting from competitors. This study tries to understand how the organizations are creating innovative HR practices so as to attract and retain talent employees.

Keywords: Talent Management; Attracting; Compensating; Planning.