What is the importance of training?
#1
Explain the advantages of training to the employees and the organisation.
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#2
(A) Advantages to the Organisation

(1) Follow up of Selection Procedure—Training is a follow up of selection procedure. Training helps incurring defects in the selection process. It helps in choosing the most appropriate individuals for different jobs. Training can be used in spotting out promising men and in removing defects in selection process.

(2) Better Performance-Training brings about an improvement of the quality and quantity of output by increasing the skill of the employees. Training makes the fresh and old employees more skilled and accurate in performance of their work.

(3) Reduction in Cost of Production—Trained personnel will be able to make better and economical use of materials and equipments wastage will also be low. In addition, the rate of accidents and damage to machinery and equipment will be kept to the minimum by the well trained employees. These will lead to lesser cost of production per unit.

(4) Reduced Supervision-If the employees are given proper training the responsibility of supervision is lessened. Training does not eliminate the need for supervision but it reduces the need for detailed and constant supervision. A well trained employee is self-reliant in his work because he knows what to do and how to do it. Under such situations close supervision is not required. The management can well afford to focus its attention on other basic functions.

(5) Increased Morale—The morale of the employees is increased if they are given proper training. As a common objective of the organisation training programme will mould its employees' attitudes to achieve support for organisation activities and to obtain better cooperation and greater loyally. With the help of training dissatisfaction, complaints, absenteeism and turnover can also be reduced among the employees. Thus training helps in building an efficient and cooperative work force.

(6) Organisational Stability and Flexibility^-Training increases the stability and flexibility of the organisation. Creation of a reservoir of trained replacements will increase the stability of the organisation in the sense that organisation will be able to sustain its effectiveness despite the loss of key personnel. Training can also be used to help the employees to gain multiple skills to enable their transfer to jobs where the demand is highest. It will bring about flexibility in the sense that organisation will be in a position to adjust to short run variations in the volume of work.

(B) Advantages to the Employees

(1) Increase in Wage Earning Capacity—Training helps the employees in acquiring new knowledge and job skills. In this way, training increases their market value and wage earning power. This increases their pay and status.

(2) Job-security—Continued training can help an employee to develop his ability to learn—adopting himself to new work methods, learning to use new kinds of equipment and adjusting to major changes in job contents and work relationship. The possession of useful skill enhances their value to their employer and thereby increases their job security.

(3) Chances for Promotion—Training also qualifies the employees for promotion to more responsible jobs.
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