EVALUATING PROFESSIONAL DEVELOPMENT AND ITS EFFECT ON IT EMPLOYEE RETENTION DURING ECONOMIC CHALLENGES

Abstract

The purpose of this research project is to determine how professional development programs affect the retention rates of IT workers in Hyderabad, Telangana state, especially during recessionary times. Considering how much the IT sector contributes to the local economy, it is crucial to comprehend how professional development helps employers retain IT talent, particularly during recessions. This study looks into how employee engagement and motivation, skill development, career advancement opportunities, flexibility, and the development of a learning culture affect employee retention in the IT industry. The research intends to offer useful insights and advice to firms looking to improve their strategies for keeping IT employees during difficult economic times through an examination of these aspects unique to Hyderabad, Telangana.