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 complexity of the work environment, fast organizational change, and technological improvement, among other things, the need for training and development is clear (Anis, 2011). Training and development ensure that employees have the information and skills they need to do their jobs well, take on additional responsibilities, and adjust to changing circumstances.


3. Relationship between training and retention rate

When a company improves its development programs, it makes employees feel more professional. They are empowered and confident in their ability to do any work that is assigned to them. The connection between management and employees is also improved by empowerment via training. As a result of all of these new advancements, the company's retention rates have grown (Weru, 2013). 

 

Further, As a result of training and development opportunities, a positive feedback loop is established: the company's success and goal achievement rate rise as a result of better-trained workers. At employment, success promotes overall satisfaction. More commitment follows satisfaction (Al-sharafi, 2018).

Morale is the key to a company's enhanced production. Because training makes the employees feel appreciated and valued, they are more likely to have a favorable attitude toward their work, resulting in additional career opportunities. An employee with high morale looks more into going to work the next day.

 

 

4. Conclusion

Developing a stronger staff retention is the first step in building a better organization. If the company does not continually train new employees, you won't be able to develop, enhance, or service your customers

References

Al-sharafi, H., 2018. The Effect of Training and Career Development on Employees Retention. The Journal of Social Sciences Research, , Issue 2, pp. 420-430.

Anis, A., 2011. Employee retention relationship to training and development: A compensation perspective. African Journal of Business Management, 5(7), pp. 2679-2685.

Waleed Hassan, A. R. R. Q. R. J. &. S. S., 2013. The Effect of Training on Employee Retention. Global Journal of Management and Business Research Administration and Management, 13(6), pp. 2249-4588.

Weru, J. W., 2013. The Relationship between Training and Development on Performance of State Owned Corporation. International Journal of Academic Research in Business and Social Sciences,

 


Comments

  1. Thamali MBA#24May 8, 2022 at 11:01 AM

    Directly I have to say "Yes" , Leadership is the responsible object impact to the employee retention and training. Identifying employee training needs and make T&D programs to develop their personal career caused to reduce employee turnover and employee retention and also increase employee motivation and employee satisfaction. Finally as the result of all these things the organization realize their organizational goals. Good Luck Ajmal..!

    ReplyDelete
  2. WARUN MBA-24 KANDYMay 8, 2022 at 11:01 AM

    Your blog gives a reader a good , a clear understanding about the interconnections between retention and training. Well done . Excellent


    ReplyDelete
  3. Anuradha Wickramasiri.May 8, 2022 at 11:03 AM

    Every organization seeks to keep its human assets for as long as possible. This boosts productivity, keeps business flowing smoothly, and lowers the expense of rehiring. That is why most businesses prioritize employee retention.
    Employee retention, on the other hand, might be difficult in a competitive hiring environment. You can keep your top performers and build a loyal, motivated, and goal-oriented team by employing the appropriate strategies. It's crucial to realize that each employee's retention strategy will be different.
    Good article, All the best!

    ReplyDelete
  4. Milan #MBA2022May 8, 2022 at 11:03 AM

    Employee retention is one of the most important factors for the organization you have clearly explained in your article. Good luck!

    ReplyDelete
  5. Jaliya RajaguruMay 8, 2022 at 11:04 AM

    As you have mentioned in the article, organisations should have a proper employee retention mechanism.

    ReplyDelete
  6. HasithaMay 8, 2022 at 11:05 AM

    Good topic. Employer retention is the most important fact in a buainess in order to gain a positive result. You have clearly mentioned that.
    All the beat !!!

    ReplyDelete
  7. HumaidhMay 8, 2022 at 11:42 AM

    A good read. Employee retention is topic that is widely talked and faced among many organizations in the current context. This article of yours' provides few key aspects on the retention along with trainings.

    ReplyDelete

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