Talent Retention in an Agtech Startup

Abstract

This study examines talent management and retention strategies within an Agtech startup in Argentina, combining theoretical frameworks with practical insights from a real-world case. Using a previous master’s thesis on talent retention and interviews with the startup's partners and collaborators, the research explores challenges in managing human resources in an innovative environment.

Startups are defined as innovative and scalable enterprises with significant growth potential and inherent risks. Argentina’s leadership in disruptive startups, particularly in biotechnology, artificial intelligence, and clean energy, is highlighted. The study analyzes startups’ attributes like innovation, market fit, and scalability in the context of human resource strategies.

The paper emphasizes aligning talent management with corporate goals. Key elements include the Employee Value Proposition (EVP), development through experience, relationships, and education, and the design of competitive benefits. Talent retention focuses on recognizing employees, offering development opportunities, and fostering flexible organizational cultures.

Findings reveal that employees value remote work, competitive salaries, and flexibility, while partners stress adapting benefits to employees’ diverse needs. The study concludes that startups must enhance retention strategies by clarifying roles, updating compensation, and maintaining open communication.