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Minimize training losses due to turnover

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Reference no: EM133161291

Retention

Some companies try not to invest in employee training out of fear that the money spent will be wasted if the employee leaves the company.

In your opinion, is this a reasonable fear?

What might a company do to minimize training losses due to turnover? Discuss the relative importance of employee training and explain how investments in training are lost if/when employees leave the company.

Describe a training retention strategy and explain how the training retention strategy will work. In your answer, presume that employment contracts that require employees to stay with the company for a set time in exchange for training opportunities would not be enforceable.

Reference no: EM133161291

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