Impact of Training and Development on Employee Retention

Authors

  • Devika Satpute
  • Pratiksha Maturkar
  • Sudhakar Gaonkar
  • Dur Khan

Keywords:

Training, Development, Learning and Development, Employee, Retention, Performance, Productivity

Abstract

In the context of global business competition, organizations hope that HR is their primary resource and that their employees move forward and support themselves in achieving their organizational goals in this world. In view of this concept, organizations invest heavily in training and development programs for their employees to change the way they think and have ideas and apply their understanding and ethical standards. Most organizations hope that the improved skills will help employees to improve their personalities and motivate to increase the profitability of the organization and improve the number of shareholders. Data were collected from 100 public / private sector employees using a simple modeling process. Descriptive statistics, correlations and regression analysis techniques used to analyze data. The results show that the positive relationship that exists between training and retention of employees and the decision of employees to stay longer can be influenced by the training practice. In line with that, the conceptual framework for developing a training and development program and work-related pride for employees in terms of training and development has been created from a comprehensive review of the literature. In addition, the findings of this study reveal that the outcome of the training and development program has a positive correlation with learning size, organizational commitment, and measuring staff performance. In this way, from this research study, it is assumed that training and development in various organizations produces positive outcomes for the views of the various groups and the general communication development of the organizations as well.

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Published

2022-04-02