Impact of Training and Development on Employee Retention

Impact of Training and Development on Employee Retention

Abstract

Our research is concerned with the notion of employee retention, which is highly reliant on job training. One of the most significant elements in keeping workers in companies is job training. Our primary emphasis is on three important variables: training, training kinds, and training length. Intervening factors include employee incentives and managerial assistance. This study is based on a sample size of 100 people from the Telenor, Telecommunications industry. The survey results included information on job training and staff retention. 

It was a gender-specific collection that was further distributed and compared with key factors and intervening variables. According to study results, both female and male workers are interested in engaging in training. Employees, whether female or male, are shown to want rewards and managerial assistance.

For More Details About Impact of Training and Development on Employee Retention Please Visit Our Website


Or call us +91 9481545735

Introduction

Employee retention is seen as very essential in the global environment. The majority of businesses are evaluated based on their turnover rate. The rate of turnover has an impact on an organization's success. Low turnover guarantees that organisations keep their competent workers by providing them with a better environment, which improves individual employee performance. Few businesses have a lower turnover rate than SAS General Mills, which has a 2% turnover rate, SC Johnson & Sons, Intel, Meridian Health, and National Instruments, which has a 3% turnover rate. 

This implies that big global corporations are keeping their workers while also guaranteeing their excellent performance. One of the most significant elements in keeping workers in these companies is training. Knowing the determinants of retention or the impact of training on retention may assist companies retain workers who have a high turnover rate.

For More Details About Impact of Training and Development on Employee Retention Please Visit Our Website


Or call us +91 9481545735

Conclusion 

Based on our investigation and study, we conclude with the answers obtained by sending questionnaires to existing telecommunications workers. It is obvious that the majority of professionals, both men and women, desire on-the-job training. We found in our research that job training is required for all employees. Organizations could instigate reward-giving phenomena to improve employee motivation and loyalty. 

Employees are therefore supplied with an atmosphere in which they may embrace career advancement and professional skill development. Employees prefer on-the-job training above the other two kinds of job training. The duration of training is very important in providing training benefits to workers.

For More Details About Impact of Training and Development on Employee Retention Please Visit Our Website


Or call us +91 9481545735

Comments

Post a Comment

Popular posts from this blog

CENVAT & Its Implications

CENVAT & Its Implications Introduction The Cenvat Credit Rules of 2004 were created with the express purpose of preventing tax cascading. It is a forerunner of the planned Goods and Service Tax (G.S.T.) that will take effect on January 1, 2019. Cenvat Credit Rules 2004 combined the previous Cenvat Credit Rules 2002 and Service Tax Credit Rules 2002. The Cenvat Credit Rules of 2004 enable duty paid on inputs, capital goods, and service tax paid on input services utilised in or related to the manufacturing of final products/providing output services to be credited. Though the Cenvat Credit Rules seem to be straightforward, they are not without their drawbacks. Furthermore, the Rules are updated on a regular basis.  For More Details About CENVAT & Its Implications Please Visit Our Website https://mbareportsguru.com/cenvat-its-implications/  Or call us +91 9481545735 Due to differing interpretations of the Rules by manufacturers/providers of output services and law en...
Read more

Marketing Strategy for a Brand from an Artisan Cluster

 Marketing Strategy for a Brand from an Artisan Cluster Abstract Due to a variety of factors, rural producers and suppliers are having difficulty marketing their products and services. Financing and marketing of handicrafts have been a disappointment for both the manufacturer and the artisans. Because of their illiteracy, ignorance, and poverty, artisans rely on middlemen for raw materials, financing, and a market for their finished products. In order to be successful in the handicrafts industry, artisans must be able to create and introduce products to the market that appeal to consumers' tastes and preferences. Consumers must recognize industrialization in any form of arts and crafts through the exchange of commodities in order to enhance the artistic and ethnic value with a dash of modernity. 'Product, Price, Place, and Promotion' are the four Ps of marketing, and the basis for this research paper. For More Details About  Marketing Strategy for a Brand from an Artisan Cl...
Read more

Analysis of Customer Relationship Management on Deposit Account

 Analysis of Customer Relationship Management on Deposit Account Abstract There is a major transformation occurring in retail financial services in all markets including emerging markets as a result of change, deregulation, and increased customer sophistication. Achieving a sustainable competitive advantage in the marketplace requires excellent customer service and relationship management. CRM and Business Performance in Nigerian Money Deposit Banks is the subject of this research. Our primary data collection instrument was a structured questionnaire distributed to ten functional and registered money deposit banks in the south-south region of Nigeria. For More Details About   Analysis of Customer Relationship Management on Deposit Account  Please Visit Our Website https://mbareportsguru.com/comparative-analysis-of-customer-relationship-management-with-respect-to-term-deposits-account-of-bank/ Or call us +91 9481545735 Introduction In recent years, practitioners and academ...
Read more