The Influence of Training and Development on Employee Retention: Empirical Evidence from Banking Industry in Tanzania
Year: 2020
Type: article
Study design: Observational Study
Abstract: This paper aims at exploring the influence of Training and Development (T&D) on employee retention in the banking industry of Tanzania.A stratified sampling technique was used to ensure representativeness of the sample, eleven banks were selected purposely and a simple random sampling was applied to draw a sample of 370 employees.Binary logistic regression analysis was used to analyze quantitative data.The results revealed a "p" value of 0.001 that indicate that T&D was significantly influencing employee retention.The study concluded that T&D attributes (career planning and growth opportunities) have significant influence on employee retention at the banks.The study recommends retention policies which are reflecting career planning and growth opportunities as T&D attributes that were valued most by employees.
Language: English
Subfield: Applied Psychology
Field: Psychology
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4238856540