Main advantages or benefits of employee training can be expressed as follows:
1. Higher Performance
Training helps to upskill employees by enhancing their skills and knowledge. So, they show high performance at the workplace. Training also helps the employees to develop decision making and problem solving skills.
2. Higher Productivity
Well trained employees are more committed and motivated towards the job. So, they make proper utilization of resources and minimize wastage. This definitely leads to higher productivity.
3. Quality Of Work
Properly trained employees are aware of faults and operational errors. So, training helps to maintain quality of work by minimizing faults and errors.
Well trained employees can perform their job effectively and efficiently because they are motivated and devoted towards their job. So, self-reliant employees need less supervision.
5. Cost Minimization
Because of higher productivity, regular production, minimization of wastage and less supervision costs, training helps to reduce overall production and administrative costs of the business.
5. Cost Minimization
Because of higher productivity, regular production, minimization of wastage and less supervision costs, training helps to reduce overall production and administrative costs of the business.
6. Customer Satisfaction
Employee training ensures productivity improvement and better customer service. So, it helps to improve customer satisfaction.
7. High Morale
Training and development programs provide opportunity for employees to learn and improve their skills and potential. It helps to reduce absenteeism and dissatisfaction. So, training helps to increase employee morale.
8. Adjust The Change
Proper training helps the employees to cope up with the situation and adjust themselves according to the environment.
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9. Job Satisfaction
Employee training and development programs helps to increase job satisfaction among the staffs.
10. Advantages Of New Technology
Training helps the employees to adopt and take advantage of latest technologies. It helps them to be updated with cutting-edge technology.
11. Increase Goodwill
Proper training ensures productivity improvement, customer satisfaction and lower labor turnover. It helps to increase the goodwill and image of the firm.