Bba Sem 6 Final Report
Bba Sem 6 Final Report
Bba Sem 6 Final Report
ON
SCHOOL OF BUSINESS
BONAFIDE CERTIFICATE
Cer=fied that this project report "The impact of
training and development on employee
reten=on is the bonafide work of Shivangi
Kumari (19GSOB1030059) and Shreya Shah
(19GSOB1010167) who carried out the
project work under my supervision.
Supervisor(s)
Chairman
STATEMENT OF PROJECT REPORT
PREPARATION
1. Thesis Etled: "The impact of training and
development on employee reten=on"
2. Degree for which the report is submiVed:
Bachelor of Business Administra=on (BBA)
3. Project supervisor was referred to for
preparing the report.
4. SpecificaEon regarding thesis format have been
closely followed
5. The content of the thesis have been organised
based on the guidelines
6. The report has been prepared without resorEng to
plagiarism.
7. All sources used have been cited appropriately.
8. The report has not been submiVed elsewhere for a
degree
SIGNATURE OF STUDENT
NAME-SHIVANGI KUMARI 19GSOB1030059
SHREYASHAH 19GSOB1010167
ABSTRACT
5 Conclusion of
literature review
6 Methodology
7 Data analysis
techniques
8 Learning, T & D,
retention and
compensation
9 Requirement and
need of learning, T &
D
10 Practical implication
and recommendation
11 Questionnaire
12 Conclusion
13 Bibliography
1 .INTRODUCTION
organization.
The study will help firms understand the importance of training and
development programs. It will also enable them structure their training
and development programs to make them more effective in terms of
helping to improve the efficiency of the workforce and lead to less
employee turnover. This also ensures the existence of a pool of skilled
workforce who could be utilized for national development. Labour is a
major input to the success of the company. If labour is efficient it will help
improve the performance of the company. As companies perform better
they are able to increase output and contribute more to the economy.
They are also able to grow and hire more people thus helping to
decrease the level of unemployment. As companies perform better, they
are also able to compete better enabling the economy to remain vibrant.
The study will also be of great benefit to student researchers who wish to
explore more into the impact training and development has had on the
overall performance of employees in various organizations. The study
will serve as a guide to these students who may further get more insights
into the recommendations and findings from the study thereby, forming
an empirical literature for them
Literature Review
Various studies have been conducted that popular HR practices are not
the only ways to enhance commitment and reduce retention. Scott Brum
(2007) highlighted that when the employees are introduced to more
trainings, they show higher level of commitment as compared to others.
Roya Anvari et al (2010) revealed that it is possible only with the help of
planning training programs that are totally based on needs valuation to
achieve commitment and retention. Training is considered important in
developing a feeling of belongings among employees. Eva Kyndt et al
(2009) revealed that training has a potential to change the turnover
thoughts and is an important factor that helps in originating the intentions
of turnover. Those employees that are highly committed to the
organization have lower turnover thoughts. Trainings basically bring
association between commitment and retention. Danlami Sani Abdul
kadir et al (2012) has considered training as an investment, organization
bears the whole expenditures of training employees which eventually act
as an investor and expect a return in the form of commitment and
retention from employees. Trainings elevate commitment and retention
rate, when employees consider it as investment and force them to offer a
return to the organization. Alexandras G. Sahinidis and John Bouris
(2007) Training is a long term investment in the skills of employees.
Training is not a tool to polish current skills of employees but to prepare
employees for future impacts from competitive forces. This kind of
training boosts the commitment and employees think that organization is
opening doors to our success. This sense eliminates the thoughts of
intentions to quit from employees mind and force them to retain.
Mohammad I. Fheili (2007) has stated that employee turnover is a major
human capital risk for an organization, which needs to be catered.
Organizations that provide trainings which are specific in nature applied
only to the specific work within the organization that makes the
employees specialists not generalists. By doing this Organization limits
the employment opportunities and leads to the development of
committed employees and will eventually affect retention rate.
The review of the literature will explore facts that have to do with
coaching on employee
retention. The review based on training, coaching, and retention, to
identify other factors
that influence retention. The chapter will focus mainly on the following:
• Training and Development
• Coaching
• Employee Retention
• Turnover
The aim of this research is to investigate the impact of training and
development on
employee retention in retail sector, an examination of the role of
coaching and the impact it.
Rosti and Shipper (1998) outlines that training and development of the
employees ensure good performance and this enables the organisation
to achieve its objectives, to attract, train and develop talent employee
that will exploit all the obtainable resources to bring about expansion in
the company. Armstrong (2003) summarize training as an appropriate
and orderly modification of behaviour through learning, development,
which happen as result of teaching, coaching, development and
designed experience. He sees training as a process to equip the
employee's with the necessary skills, knowledge to handle their
professional tasks. According to Armstrong (2003), employee's
development helps to enhance staff ability for future requirements and
adaptability prospect. Beardwell and Hidden (1997) consider training and
development as an intended process to modify the attitude, knowledge
through coaching experience to achieve effective performance in their
roles. Many organisations offer different training programmes to improve
the employee’s skills especially in the area of technology development
and business practice, such as supervisor training, exclusive
development and interpersonal skills (Beardwell and Hidden, 1997.
Kraimer, Seibert Wayne, Liden and Bravo (2011) highlight that many
employers in the past was not investing in training of employees due to
cost, the recent development in technology has increase job
opportunities, that has led to the needs of training and development in
the workplace. Yates (2006) outlines the benefit of training and
development as way of developing the employees to be active in their
roles. Although training of employees is quite expenses which involves
money. MacLeod and Clarke (2009) highlights that many organisations
especially the leading retailers are investing on training their skilled
employees. The well skilled employees are like an asset to the
organisation, training enable employees to display positively in their
roles. Jehanzeb and Bashir (2013) also suggested training as way of
improving the skills and products, and reduce turnover.
Importance of Coaching
Conclusion
The literature review uncovered the need for training and coaching in the
organisations cope with the increment in technological development in
the organisations has call for career development. This modify the
development of prospective employee as well as to upgrade those
previously employed as to develop the organisational image. The
literature review has identified some gaps and the challenges facing
organisations to retain competent employees, while indicating the needs
for continuous development in the sector. Using training, coaching, and
good human resource management to structure the strategy and using
other factors that will encourage retention in the organisations especially
in the retail sector. In summary, the researcher has learned about lots of
information to show the impact of training and coaching on employee
retention. The researcher is going to discuss about the of training and
coaching and focus more on how important it is to use training and
coaching in developing the employees in their different roles. However,
there is obvious gap of knowledge around how coaching helps in
retention. Based on the review conducted by the researcher, the retail
sector has the highest employee turnover rate; this was due to some
characteristics of competitiveness in the sector. The next section will
underline the aims and objectives of the study.
METHODOLOGY
The focus of this research was aimed at clarifying the impact of training
on employee retention. Questionnaire was developed to collect data for
determining the effect of independent variable (training) on dependent
variable (retention). Quantitative data was collected through
questionnaires using non probability sampling. The questionnaire
consists of 16 questions, which includes eight questions on independent
variable (training) and nine questions on dependent variable (retention).
Questions asked from employees were based on 5-points likert scale.
The collected data has been analyzed through excel data analysis tool
pack.
DATA COLLECTION
This involved the pilot and initial work of the researcher, which is the
foundation of the current study including the aim of creating data through
the sentiments of the participants in relation to employee retention
among other independent variable of the study. In view of this,
questionnaires adopted as the primary source of data collection.
Secondary Data
Questionnaire Structure
The close-ended question will allow the participants choose from the
options available while the open-ended questions allows the participants
state their opinions and views of the questions asked (Sekaran, 2003).
This will help to get a deeper knowledge of the participant’s view towards
answering the research question. The questionnaire subdivided into five
sections. Using Questionnaires will enable participants give feedback on
the exact question that was ask. This will help to get a precise answer for
the research work. Section one of the questionnaire comprises of the
demographic information of the respondents.
Sample Technique
The sample of this study are employees of Marks and Spencer Dublin,
Republic of Ireland. The total sample size is 150 full time and part time
male and female employees; the age is between 25 years or under to 51
years and above, working in Mark and Spencer, Dublin 1 and 2. The two
Mark and Spencer stores selected because it would help acquire the
required sample size needed. A probability simple random sampling
technique used to ensure that all employees of Mark and Spencer have a
chance to participate. This is because every employee in Mark and
Spencer would have in one way or another get the chance to be involved
in training and coaching. This technique would help to achieve the
research aim. Participants will randomly select, and every participant
given an opportunity to participate voluntarily in line with the ethical
circumstances. The questionnaire printed and hand administered to the
participants. In conclusion, the chapter proposed to address the practical
and proper methodological approach, the justification for excellent and
sample sizes, data collection method and other significant area mention
above.
DATA ANALYSIS TECHNIQUES
Three analysis techniques have been used to examine the relationship and
significance between independent variable (training) and dependent variable
(retention)
1. Descriptive statistics
2. Correlation
3. Regression
THEORETICAL FRAMEWORK
TRAINING
EMPLOYEE
RETENTION
Descriptive Statistics
TRAINING RETENTION
Mean 3.79 3.51
Median 3.8 3.5
Standard DeviaEon 0.4414 0.4746
Minimum 2.5 2.41
Maximum 4.6 4.41
Count 100 100
Table 1.1
Training Reten=on
Training 1
Reten=on 0.5289 1
Table 1.2
REGRESSION
Coefficient t-stat
Intercept 1.3583 3.862
Training 0.5668 6.1703
R-square 0.2708
F-stat 38.0737
Table 1.3
Evaluating these elements can be done by the higher level authority if the
organization. They can monitor the work of their workers and give them
feedback. Development and learning is not an instant process it can avail
through experience. In this time of development, where innovation changes
once in a while, training turns essential for each organization to stay in the
worldwide market. Organizations can't depend just on regular specialisms,
however, to contend, later on, they should build up their worker abilities, since
it is a time of efficiency and quality. As commented by Lundmark et al. (2017),
training is described as the orchestrated mediation that is planned to improve
the determinants of individual work execution. The organization suffers in
quality and use in light of nonappearance of training.
enjoin me nt Employee
Figure 1 retenEon
Quantitative Analysis
• Males
# Females
The higher side than those of the males who constitute only
35% of the total respondents. The female
respondent's percentage has emerged to be of 65 %. It can
be understood in a better way by the diagrammatic
representation of the data chart in the form of a pie diagram.
In which it shows that the first quarter reflects
the total percentage of the female respondents whereas the
second quarter represents the male respondent's percentage.
Figure 3
Highly dissaEsfied 10 10
11111
Highly SaEsfied SaEsfied Neutral DissaEsfied Highly dissaEsfied
« Yes
• No
Figure 6
CONCLUSION
SHIVANGIKUMARI
ORIGINALITY REPORT
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