Importance of Training - Need For Training (2020) - Geektonight
Importance of Training - Need For Training (2020) - Geektonight
Importance of Training - Need For Training (2020) - Geektonight
3 min read
Training is a very important tool in all the departments of the business e. g. finance, production,
marketing, etc. The return on investment in training is huge in terms of higher productivity,
enhancing the skills of the employees, increasing the motivation levels, etc.
1 Importance of Training
1.1 Higher productivity and better quality of work
1.2 Reduction in wastage and cost
1.3 Increases morale and loyalty
1.4 Reduced supervision and low accident rates
2 Importance of Training in HRM
2.1 To the Organization
2.2 To the Employees
2.3 For Personnel and Human Relation
3 Need for Training
4 Benefits of Training
Importance of Training
Adequately planned and well-executed training program can lead to the following advantages.
Importance of Training
To the Organization
1. Gets more effective in decision-making and problem-solving.
2. Improves morale
1. Learning for New Recruits: Once the employees are selected and placed in a position they need
to be trained for a specific job. It helps in making them perform their job effectively. On job
training help them handle their job competently.
2. Promotions: In order to prepare the existing employees for higher roles they need to be trained
in the areas of their added responsibilities so that they can do justice to the position.
3. Transfers: Training on different jobs makes the employees mobile and versatile and makes them
capable to be moved from one job to another.
4. Bridging the Gap: There can at times be some gaps between the knowledge and skills an
employee possesses and the requirements of the job. Training helps in bridging this gap and
making the employees more productive.
Benefits of Training
SNO BENEFITS TO BENEFITS TO THE
THE BUSINESS EMPLOYEE
Reference
1. R. P. Lynton, U. Prateek, “Training for Development”, Sage Publications 2002.
2. Goldstein, “Training in Organizations”, Burr Ridge: McGraw Hill, Irwin, 1999
3. Fitzgerald, W. (1992). Training versus development. Training and Development, 46(5), 81-84