And there’s a sizeable disconnect between HR staff and other employees in how they perceive their companies’ efforts. Only 22 percent of employees believe their organizations are very effective in providing easy access to training and development, and the same percentage believe their organizations provide training and development that helps in career advancement. But HR managers, on the other hand, are significantly more optimistic about the companies’ efforts in those areas, at 41 percent and 43 percent respectively.

Of course, that disconnect stems from companies that don’t check with employees for feedback. If they don’t ask, they aren’t aware of how employees regard their efforts.

But if companies want to hang on to good employees, they need to wise up and reconsider their approaches to training and development, the study says.

Eighty-six percent of millennials, often the highest flight risk in the organization, say they would be more inclined to stay at their current company if they were given access to quality training and development. That’s a higher percentage than older coworkers; boomers and Gen Xers are less likely to stay even when given quality development. Just 76 percent of workers in the latter age groups say training and development would keep them at their jobs.