The Influence of Training and Development on Employee Retention: Empirical Evidence from Banking Industry in Tanzania

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.

Cite this work

No public copy is stored for this record, so only the metadata is cited.

Stored only when both papers are in the corpus — 6 citations exist upstream.

Papers that cite the same references — the relational fallback while embeddings are still backfilling.