According to business research carried out by Gallup, only 13% of the world’s workforce feels truly engaged at work. With the global economy altering and organizations facing newer challenges, it is imperative that firms get the best of talent. Also talent management and retention becomes crucial. For this, employees need to be selected from diverse profiles and set meaningful challenges. The incentive mechanism must be devised appropriately. Management consulting giant PwC has claimed that the most innovative firms will rise by more than 60% over the next few years and that is where engaged employees can most help.