Talent management involves the practice of continuously discovering, developing, using and retaining those people in an organization, which are especially valuable either in terms of having a great potential for the future of the organization, or because they are capable of resolving business...

We survey the theoretical literature on careers in organizations, focusing on models that address detailed evidence or stylized facts. We begin with what we call building-block models: human-capital acquisition, job assignment, incentive contracting, efficiency wages, and tournaments. We then...