2025 Volume 13 Issue 4 Pages 75-89
In recent years, the movement toward "human capital management" has been accelerating in Japan. Human capital management means promoting employee development in companies. However, promoting employee development increases company costs and there is also concern that it may encourage employee turnover. Therefore, this study examined how employee development affects employee turnover intention. Data was collected from 435 employees of Japanese companies, and based on this data, multiple regression analysis and structural equation modeling were conducted to reveal the influence of employee development on turnover intention and the process of that influence. The analysis revealed that employee development reduces turnover intention （the employability paradox does not occur）. In addition, employee development increases external employability and promotes turnover intention, but external employability also has the effect of reducing turnover intention by mediating employment insecurity. And employee development increases POS （perceived organizational support）and reduces turnover intention. Based on these results, it is important for Japanese companies to consciously promote employee development.
