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A Practicable Implementation of Training and Development in Professional Services: The Case of Accountants in Cyprus

  • Loucas Theodorou
  • Demetris Vrontis
  • Michael ChristofiEmail author
Chapter
Part of the Palgrave Studies in Cross-disciplinary Business Research, In Association with EuroMed Academy of Business book series (PSCDBRAEAB)

Abstract

The aim of this empirical research is to identify whether the investment of organisations in training and development (T&D) practices affects the retention of professional accountants in Cyprus by their current employers. The results show that the congruence between employee interests and training programmes and the level of investment in T&D are the two major elements of T&D that have a significant positive impact on employee retention. Congruence between employee interests and training programmes in comparison with the level of investment in T&D affects employee retention more. However, both elements are significantly important. This study provides guidelines to practitioners in order to develop and implement their HR and T&D strategy that will assist them to achieve the desired sustainable competitive advantage.

Notes

Acknowledgements

The authors are grateful to Professor Warren Smith, dissertation supervisor, for his helpful comments during the development of this study.

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Copyright information

© The Author(s) 2019

Authors and Affiliations

  • Loucas Theodorou
    • 1
  • Demetris Vrontis
    • 2
  • Michael Christofi
    • 3
    Email author
  1. 1.University of LeicesterLeicesterUK
  2. 2.Department of MarketingUniversity of NicosiaNicosiaCyprus
  3. 3.University of NicosiaNicosiaCyprus

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