IOSR Journal of Business and Management (IOSR-JBM) e-ISSN: 2278-487X, p-ISSN: 2319-7668. Volume 19, Issue 8. Ver. V. (August 2017), PP 70-78 www.iosrjournals.org DOI: 10.9790/487X-1908057078 www.iosrjournals.org 70 | Page Role of Training & Skill Development in Employee Commitment in IT companies of Punjab & Chandigarh Jitesh Kumar Pandey*, DR. JAGMEET SINGH** Research Scholar, Deptt. of Management Studies IKG Punjab Technical University, Kapurthala Assistant Professor, IKG Punjab Technical University, Kapurthala Corresponding Author: Jitesh Kumar Pandey Abstract: Developing efficiency of manpower through training has become extremely significant for today’s Business organization’s to ensure success in their respective industry. Training creates an atmosphere where employees feel valued and committed with the organizational triumph. The major objective of this research paper is to find out the connection between training and organizational commitment of employees working in Information technology Companies of Punjab and Chandigarh. The analysis of different factors which also play vital role to enhance effectiveness of training in the IT companies is also included in objectives. A set of questionnaire has been prepared which comprise of questions related to the training & Skill Development conducted. Main motive of this paper to analyze how the training enhances the confidence level of the employees in order to taking up of higher responsibilities in orgnisation as well as improvement in their commitment. The above questionnaire was distributed and filled by 100 employees of IT companies who are working at the lower and middle managerial levels of the Information technology Companies situated at Punjab and Chandigarh. A factor analysis process has been conducted to recognize the main factors which have large contribution towards the effectiveness of training and Skill Development. Some statistical tools like correlation was used to understand the relation between effectiveness of training and it impact upon organizational commitment. Data Analysis discloses four prime factors like Organizational support towards training, Skill and professional efficiency development, Pre and Post training support, needs estimation and evaluation of training. After analysis of collected data It has been observed that there is positive and significant relation between training and Skill Development and organizational commitment. Consequently, in order to achieve optimum returns against investment on Human Capital, there is need of effectively managed training and development programs in IT orgnisations. Human capital is the most crucial asset of each and every organization under hard and dynamic age of competition. Training and development is an tool that adds value in human capital through enhancing their skill. Therefore training and Skill development is very important for enhancing productivity of organization's workforce. Keywords: organizational commitment, Training, Effectiveness, Training Design, on Job Training, Skill Development. --------------------------------------------------------------------------------------------------------------------------------------- Date of Submission: 10-08-2017 Date of acceptance: 25-08-2017 --------------------------------------------------------------------------------------------------------------------------------------- I. Introduction Training & Skill Development are an important aspect of the business strategy of all IT companies , but it has been observed that most of IT Companies don’t appraise the impact of training & Skill Development programme over the employees continually. Training & Skill Development is regarded effective if it yields desired results. Taking an example of Huamn Resource management especially in the IT orgnisations, When the organization is implementing a training & Skill Development programme for the employees deployed in respective job, there should be an perfect medium through which the evaluation scheme can be established. Measurement of effectiveness of training and development program may be done on the basis of evaluation scheme made by HR department of IT orgnisation. The article elucidates the impact of an effective training & Skill Development programme on the career growth and development of employees deployed especially or additionally in the work of material management in the it orgnisation . The beginning of the 21st century is noticeable by the utmost growth rate of the Information Technology (IT) industry. It has become one of the biggest and the most important high budding industries. As per dta provided by NASSCOM, the IT industry anticipated its export revenues of $84-87 billion in the financial year 2014 against the total revenue of the financial year 2013 which was $76 billion. The business expectation from respective service industry is growing; an extraordinary stress is also rising up for this industry to be extra inventive, creative and excellence driven in terms of products and services. The total of employee’s knowledge