Aligned with the demand for a more nuanced understanding of the efficacy of talent retention strategies, this research investigates how institutional context moderates the relationship between retention strategies and organizational turnover rate. This connection is becoming especially crucial in the times of deglobalization, as this trend, whether temporary or more permanent, has significant implications for talent management in general, and talent retention in particular. Thus, the study enhances our understanding of the macro-level factors affecting talent retention strategies in MNC subsidiaries in the post-COVID, deglobalization era. Specifically, the study demonstrates that the effect of specific talent retention strategies (such as a 'wellbeing'-oriented strategy, an 'enrichment'-focused strategy, and a 'financial'-centric strategy) on voluntary employee turnover hinges, to a greater extent, on the institutional contexts of respective host countries. We discuss the theoretical and practical implications of our findings and suggest avenues for future investigation.
