Study On The Determinants And Countermeasures Of Technical Talents' Brain Drain In M Company

Since the 21 st century,the market competition has become more and more fierce.Talents have become an important resource for enterprises' development and competition.Moreover,technical talents play a vital role in the sustainable development of enterprises and the enhancement of core competitiveness.At present,China's iron and steel industry is in the process of structural adjustment and transition mode.Thus,the development of related enterprises within the industry does not look optimistic.M company is an equipment engineering company controlled by Sinosteel Equipment & Engineering Co.,Ltd.(abbr.Sinosteel MECC).In recent years,the trend of brain drain in M company has intensified,especially for the technical talents.How can a company reduce the loss of technical talents and provide support for their sustainable development? This is one of the most critical issues that M company currently faces.This dissertation takes M company's technical talents as the object of study.First,we analyze the current situation and the consequences of technical talents brain drain.Second,through face-to-face semi-structured interviews,we are provided with a qualitative analysis results on the issue.By applying a modified model,reliability analysis,correlation analysis and regression analysis to the technical talents questionnaire data,we can draw a conclusion of the determinants to the technical talents brain drain in M company.Finally,according to the conclusion and M company's actual situation and by using the basic theory of human resources management,it results in five countermeasures.Based on the data analysis,five determinants emerged: social support,emolument,general training,kinship responsibility,and career development.The five countermeasures are: first,to establish a people-oriented management concept;second,to build a scientific and reasonable emolument system;third,to set up an effective training system;fourth,to care about the personal life of the technical talents;and lastly,to build a sustainable career development platform.