THE IMPACT OF TRAINING AND DEVELOPMENT ON EMPLOYEES RETENTION

THE IMPACT OF TRAINING AND DEVELOPMENT ON EMPLOYEES RETENTION

SHIVANGI KUMARI , SHREYA SHAH , NAMRATA MISHRA (ASST. PROFESSOR)

BACHELORS OF BUSINESS ADMINISTRATION

SCHOOL OF BUSINESS

GALGOTIAS

UNIVERSITY, GREATER NOIDA, UTTAR PRADESH

ABSTRACT

Organisation’s primary focus after recruiting talent employees is to retain them. But in today’s competitive environment, organisation is struggling hard to design a suitable strategy that could improve the retention rate and pulls the turnover rate downward. One such suitable strategy an organisation could be considered of improving employee’s skills by providing training. The purpose of this paper is to examine the relationship between the training and development on employee retention and ascertain the extent of influence of training and development on employee retention. The study was carried out by using descriptive research design and adopted stratified random sampling method to collect data. Results suggest that there is a relationship between training and development on employee retention and training has an impact on employee retention.