Company training reduces employee turnover, or does it?

Prior empirical studies tend to suggest that company training and employee skill development, together with other human resource (HR) management practices lead to high employee commitment and low labour turnover rate. Using the data collected from multinational companies operating in eight economies (Chile, Indonesia, Malaysia, Mexico, Philippines, Singapore, Taiwan and Thailand) located in the Asia Pacific region, we ran a multiple regress model and found that company training is significantly related to employee turnover, however it does not contribute to the reduction of the employee turnover rate. Other organisational factors (eg. size, parent source and expatriation presentation in the local subsidiary) played more significant role in determining the level of employee turnover, particularly for the companies in the international operation. The implications of the study are discussed.