Abstract
Purpose: This study aims to analyse how talent management practices in family-owned hotels contribute to their employees' fulfilment of their psychological contract. Design/methodology/approach: Semi-structured interviews were conducted with 30 employees working at three different family business hotels in Sharm El-Sheikh, Egypt. Moreover, thematic analysis was undertaken on the collected data resulting in four major themes. Findings: The findings revealed that stimulating employees to fulfil their psychological contract towards their family-owned hotels leads to several benefits. First, it leads to talent management practices that support crisis management, sustainability and resilience. Second, it contributes to empathy towards or at least a deep concern for the future of work in the hospitality sector. Third, to fulfil their psychological contract, employees, particularly non-family members, require inclusive talent management and ongoing training programmes tailored to prepare them to meet current and future challenges in the hospitality sector. Originality/value: To the best of the authors' knowledge, the present study is the first study to empirically investigate the relationship between talent management practices and the psychological contract of employees in family-owned hotels, especially in developing economy context of Egypt. Also, it is one of the pioneering studies to unpack these dynamics for family as well as non-family employees.
| Original language | English |
|---|---|
| Pages (from-to) | 1306-1319 |
| Number of pages | 14 |
| Journal | Journal of Family Business Management |
| Volume | 13 |
| Issue number | 4 |
| DOIs | |
| State | Published - 14 Nov 2023 |
| Externally published | Yes |
Bibliographical note
Publisher Copyright:© 2023, Emerald Publishing Limited.
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 12 Responsible Consumption and Production
Keywords
- Family business
- Hospitality
- Hotels
- Psychological contract
- Social exchange theory
- Talent management practices
ASJC Scopus subject areas
- Economics, Econometrics and Finance (miscellaneous)
- Strategy and Management
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