Role of Learning & Development (L&D) in Employee Retention: An Empirical Study

In the current dynamic business scenario, organizations face the constant challenge of retaining skilled professionals. Apart from increasing costs, high rates of employee turnover have several implications, such as decreasing productivity and organizational instability. With the above challenges in mind, Learning and Development have become significant tools in improving job satisfaction, engagement, and retention of employees in organizations. This paper explores the impact of L&D on employee retention with emphasis on critical variables, including training, involvement, relevance, skills enhancement, and organizational support for learning. Quantitative research methodology has been employed in the study, and data has been collected from 100 employees from various organizations through a structured questionnaire.