IS THERE A RELATIONSHIP BETWEEN TRAINING & EMPLOYEE RETENTION EFFECT ON THE ORGANIZATION?
1. Introduction Employee retention is extremely crucial in the current global context. 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 an organization's skilled employees are retained by providing them with a superior working environment, which improves individual employee performance. There are a few firms with a low turnover rate, such as SAS General Mills, SC Johnson & Sons, Intel, Meridian Health, and National Instruments, which have a turnover rate of 3%. It means that large international corporations are keeping their employees while assuring that they perform well (Hassan, 2013). 2. Why Training is Important for Organizations Intensive competitiveness among diverse businesses has forced corporate management to strategically coordinate its human resources to meet organizational goals over the years. Given the increasing comple...