“A Study on Training and Career Development as an Employee Retention Strategy in IT Industry in India”

The purpose of this study was to investigate the organizational factor (Training and Career Development) impacting on employee retention in IT industries in India. Retention is defined as “the ability to hold onto those employees you want to keep, for longer than your competitors ”(Johnson, 2000). In modern times, employee's retention has become one of the leading challenges for organization. Given today's weak company loyalty, employees are increasingly “jumping ship ” for better job opportunities elsewhere. The issue isn't simply losing a key member of your team; there is also the hassle-and cost-of replacement. It is obvious that employee's retention is one of the most pressing issues that Human Resource Professionals face today.