Exploring the impact of training and career development on employee retention: the moderating effect of person-organisation fit

Abstract

The purpose of this study is to examine the impact of the availability of training and career development programs on job satisfaction and the relationship of the latter with employee retention. It also examines the moderating effect of person-organisation (P-O) fit on the relationship between job satisfaction and employee retention. Structural equation modelling (SEM) technique was employed to test the hypotheses. 157 responses were finally selected from public and private banks operating in three major cities of Pakistan (i.e., Islamabad, Lahore, and Karachi). A significant relationship is found between three variables: availability of training, career development programs and job satisfaction. However, an insignificant relationship is found between the availability of training, career development programs and employee retention. Moreover, the results indicate that P-O fit moderates the relationship between job satisfaction and employee retention. The implications for research and practice are also discussed.

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