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Importance of Learning and Development in Employee Retention


Importance of Learning and Development in Employee Retention

To recruit and retain people, organizations need to create learning and developing culture. Learning and development in an organization is an essential element to manage human resources and it gives line managers and leaders to create their pipeline of talented employees.

Walton (1999) Strategic human resource development involves introducing, eliminating, modifying, directing and guiding processes in such a way that all individuals and teams are equipped with the skills, knowledge and competences they require to undertake current and future tasks required by the organization.

A progress of learning and development will lead the business to achieve the set goals through talented human resources capital. But it is  also important for an organization and its employees to have people with encouragement to learn and grow.

Learning
Development
Continuous process of enhancing existing and new skills, knowledge and attitude.
Process that enables people to progress from present state to future state for a higher level of skills and knowledge.



(Source : Armstrong's Handbook, 2009)

Learning Culture
A culture which promotes learning that grows their employees to achieve organization goals and which allows the management and line managers to identify and build their talent. Empowering employees provide freedom for them to manage their work independently within the set guidelines.     
Reynolds (2004) describes a learning culture as a ‘growth medium’, which will ‘encourage employees to commit to a range of positive discretionary behaviors, including learning and which has the following characteristics: empowerment not supervision, self-managed learning not instruction, long-term capacity building not short-term fixes.

As Harrison (2000) comments, the notion of the learning organization remains persuasive because of its ‘rationality, human attractiveness and presumed potential to aid organizational effectiveness and advancement’.
           

Benefits of Learning and Development
  • Develop individual and organization performance, quality and productivity.
  • Attract talented people, enhancing skills, provide job satisfaction and allow them to gain rewards.
  • Enhanced knowledge and skills provide operational flexibility.
  • Improved skills create higher commitment of employees.
  • Provide higher level of customer service, both internal and external.
  • Help to develop a positive culture in the organization.
  • Provide line managers the required skilled peoples to develop.

Creating a learning and developing culture in an organization will create job satisfaction, better understanding and a flexible environment, which makes a better place for talented employees to work and will make direct impact on employee retention.


References
Harlow Wick, C W and Leon, L S (1995) Creating a learning organisation: from ideas to action, Walton, J (1999) Strategic Human Resource Development, Financial Times/Prentice Hall, Human Resource.

Reynolds, J (2004) Helping People Learn, CIPD, London Scarborough, H, Swan, J and Preston, J (1999) Knowledge Management: A literature review, Institute of Personnel and Development, London.

Harrison, R (2000) Employee Development, 2nd edn, IPM, London.


Comments

  1. Wasantha ArunasiriSeptember 7, 2019 at 9:17 AM
    nice article. good luck jinendren

    REPLYDELETE

    JinendranSeptember 12, 2019 at 6:53 AM
    Thank you Wasantha.

    ReplyDelete
  2. Malintha GannileSeptember 14, 2019 at 7:38 PM
    Interesting article , nicely explained about Learning and Development , it's importance 's and it's Benefits.

    REPLYDELETE

    JinendranSeptember 16, 2019 at 9:16 AM
    Thank you Malitha for your reply.

    ReplyDelete
  3. PrasannaSeptember 15, 2019 at 8:50 AM
    Good effort. Learning development is one of a HR tool to achieve organizations goal. Effective learning culture creates the learner to applies the learning to the work and to the world then see what results. These positive results enhance the both people and company's endeavors. Good luck. Thanks for sharing.

    REPLYDELETE

    JinendranSeptember 16, 2019 at 9:15 AM
    Thank you Prasanna.

    ReplyDelete
  4. AchalaSeptember 16, 2019 at 5:47 PM
    Good work Jinendran, Learning and Development is the good HR practice where organizations can improve its own employees and the same time its help to improve the organization as well. Organizations are in doubt if the employees quit after developing them. How do you see this in terms of your Banking sector Jinendran ? Thanks for sharing

    REPLYDELETE

    JinendranSeptember 20, 2019 at 1:44 AM
    Thanks for your valuable comments Achala. Its common employee quit the job after obtaining some qualifications, in banks we have the facility to claim the cost for our education so employee learning at free of charge and it give some reason to stay also employee have option to leave by repaying the claim.

    ReplyDelete
  5. Malitha Eranga FernandoOctober 1, 2019 at 3:33 PM
    Look very nice article ,good explanations about Learning and Development. Thank you for sharing.

    REPLYDELETE

    JinendranOctober 12, 2019 at 3:49 AM
    Thanks Malitha.

    ReplyDelete
  6. NamilaOctober 2, 2019 at 3:30 AM
    Nicely explained about Learning and Development ,Thank you for sharing

    REPLYDELETE

    JinendranOctober 12, 2019 at 3:49 AM
    Thank you Namila.

    ReplyDelete
  7. Jehan RahimanOctober 12, 2019 at 5:58 AM
    It is important to identify the learning methods of employees before assigning them trainings. This will be more effective in financial and investing on organizations own employees which are the most valuable asset. Nice article.

    ReplyDelete
  8. Damith NeelawalaOctober 12, 2019 at 9:22 AM
    valuable article jinendran. opportunity to learning and development helps to employees happy working life and the retention.

    ReplyDelete

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