Sponsor Area

Staffing

Question
CBSEENBS12004600

How is training of employees beneficial for the organisation? State by giving any four reasons. 

Solution

Training of employees benefits the organisation in the following ways:
(i) Training is a systematic learning, always better than hit and trial methods which lead to wastage of efforts and money.
(ii) It enhances employee productivity both in terms of quantity and quality, leading to higher profits.
(iii) Training equips the future manager who can take over in case of emergency.
(iv) Training increases employee morale and reduces absenteeism and employee turnover.
(v) It helps in obtaining effective response to fast changing environment – technological and economic.