Abstract:

This paper empirically investigates how career development and talent management complement each other in shaping employees' career progress and productivity in the banking sector. This article describes career growth and development, the conceptual framework on career and talent management, talent management, and career management policy implementation. The management staff were interviewed through structured questions in Lagos from six commercial banks: First Bank, Wema Bank, GTB, FCMB, Stanbic Bank, and Access bank. The finding from the study indicates that talent philosophy is a prominent concept in bank management policies, and several organizations including commercial banks are already utilizing a particular form of talent management policies based on their perception of talent, but only a few policies impacted career development of staffs in commercial banks in Lagos. Although commercial banks give the opportunity for career development and program that encourages career progression, conversely, career management is the joint responsibility of organizations and individuals, but human resource management in organizations such as commercial banks duly triggered training and development of staff.

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