Importance of Employee Training Practices Towards Business Performance
Training is an essential aspect of any company's growth, and it is a continuing activity which is important to increase profitability, better utilization of resources, increase employee engagement, increase employee performance, and leads towards positive employee attitude. Therefore, to be more effective in the workplace, employees must undergo training and development procedures that aims to improve their ability to perform a particular job (DeCenzo & Robbins, 2007) In order to keep pace with technological advancements and workplace tactics, companies and workers must keep up with their knowledge, skills and values since training is a great approach to improve one's knowledge and abilities. Employers may boost productivity and profitability by ensuring that their workers receive regular and relevant training hence the success of each company's development and innovation depends on its employees' talent, motivation, and leadership. A workplace where employees feel valued, supported, and rewarded for their work is one that encourages, supports, and recognizes their growth. Organizations engage in training initiatives help to guarantee that both new and experienced workers have the information and skills necessary to execute their jobs effectively hence workplace performance may be improved by putting employees where they can learn new skills and expand their existing knowledge base.
The main components of Training
- Type
of Training
- The
time and place of training
- The
training priorities
- Remuneration
to be paid to employee for training
- The
outside agencies to be associated with training
- Resources
that required for trainings procedure
Process of Training
- Recognize company goals – Identify company’s past, present and future strategic arrangement
- Identify competencies – Identify the skills that help to improve the job performance of an employee
- Conducting gap analysis – Identify the employee’s current standard and future standard
- Interview employees – Communicating with the employees to identify the training types that they need and what are the skills that need to be improved.
- Select the correct training tool – Training tools such as conducting conferences, workshops, seminars, on the job training, group discussions, coaching programs and providing training materials.
- Conducting
trainings – Conducting trainings physically or virtually
- Evaluating the result – Evaluating whether the training procedures are effective or not
Benefits of Training
- Improve skills and knowledge of employees
- Improved job satisfaction
- Prepare employees for higher responsibilities
- Increased productivity and performance
- Completing specific tasks with less supervision
- Higher morale and motivation
- Better workplace environment
- Use of improved and updated technology
- Reduction of wastage
- Higher engagement levels
- Lower attrition rates
Therefore,
training is the most significant aspect in any industry since it improves the
efficiency and effectiveness of both the personnel and the business. It aims to
improve the abilities of employees with more experience and higher levels of
performance based on their talents and competences.
References
Opentextbc.ca. (2018). Employee Training and
Development – Introduction to Business. [online] Available at: https://opentextbc.ca/businessopenstax/chapter/employee-training-and-development/.
Ottawa.edu. (2021). 5 Benefits of Training
and Development | Business Blog | OU Online Blog | Ottawa University. [online]
Available at: https://www.ottawa.edu/online-and-evening/blog/january-2021/5-benefits-of-training-and-development.
www.123helpme.com. (n.d.). Training And
Development: An Introduction To Training... | 123 Help Me. [online] Available
at:
https://www.123helpme.com/essay/Training-And-Development-An-Introduction-To-Training-PJ2Y9ZQBG
[Accessed 3 Apr. 2022].
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ReplyDeleteTraining and development helps organizations to improve its performance and take the best from their employees. Training and development also serve as a motivation factor too. Good article. well done.
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