Assessing The Impact Of Training And Development On Employee Retention And Turnover: A Study Of Udham Singh Nagar

Abstract

Employee retention remains a critical challenge for organizations across India, particularly in developing regions like Udham Singh Nagar, Uttarakhand. This research investigates the relationship between training and development initiatives and their impact on employee retention and turnover rates among 350 employees from various industrial sectors. The study employs a quantitative research design utilizing structured questionnaires measuring training effectiveness, development opportunities, job satisfaction, and retention intentions. The primary objective is to assess how training investments influence retention outcomes and identify critical training dimensions affecting employee decisions to stay. The hypothesis posits that effective training and development programs significantly reduce employee turnover and enhance retention rates. Statistical analysis using correlation and regression techniques revealed strong positive relationships between comprehensive training programs and employee retention (r=0.742, p<0.01). Results indicate that organizations investing 4-5% of payroll in structured development initiatives experience 34% lower turnover rates compared to those with minimal training investments. Technical skills training, leadership development, and career advancement opportunities emerged as primary retention drivers. The study concludes that strategic training and development interventions serve as crucial retention mechanisms, particularly in emerging industrial regions where talent competition intensifies.