Training is one of the most crucial modes of skill development and learning in professional life. Though an individual may be well qualified and educated when she enters the job market, there is a big difference between what is learnt in the classroom and the needs of the practical world.
Value of Training the Workforce
Employee training is critical in the workplace for getting ready for efficient performance, skill development and work. Training is useful not only for fresh hires but also for in-service personnel. It is vital before the start of a project such that it can be executed properly.
Training is important to help personnel make optimal use of fresh research, software, technology etc. and accomplish perfection at the workplace. Such perfection will contribute to the advancement of the company. Constant learning helps to overcome the competition in the world of business. Lack of resources and time prevent employees to lean and acquire new skills. The solution is training.
Benefits of Training
- Economical Operations
Trained employees can make superior and optimal use of equipment and material. This helps in the economy of operations and reduces wastage. Additionally, accident rates and damage to equipment and machinery will be minimized under the care of trained personnel. This results in a reduced cost of production per unit.
- Improved Productivity
Well trained personnel will display higher quality of output and greater productivity at work in comparison to their untrained counterparts. Training enhances the skills of the workforce as regards performance in a specific job. A boost in skills typically helps raise both the quality and quantity of output.
- Uniform Procedures
With the aid of training, it is possible to standardize the best methods of work. The latter can be made available to the entire team or workforce. Standardization of work will result in high performance at all times.
- Reduction in Supervision
The need for constant supervision is reduced when employees are trained properly. Yet, training does not imply the complete elimination of supervision. It only reduces the requirement of constant and detailed supervision.
- Imparting Skills
A training program that is delivered systematically helps in reducing the learning time for reaching desired levels of performance. The personnel are not required to learn by trial or error or through observation of expert employees, which would waste time. Training enables quick and systematic imparting of skills without any wastage of time or resources.
- Inventory of Skills
There emerge great problems for a company when there is a need for completely new skills. Training can be used to identify promising employees and help get rid of defects in the process of selection. It is always better to train current employees of the organization rather than scouting for talent outside.
- High Morale
When proper training is provided, it helps boost the morale of employees. A great corporate training program will transform the attitude of employees so as to accomplish the goals of the organization and to garner better loyalty and co-operation. With the aid of training, any turnover, absenteeism, complaints, and dissatisfaction can be lowered with respect to employees.
In sum, companies that focus on training their workforce desire that they are prepared for any type of situation via building of executive skills. The latter help in boosting profits which empowers the company, besides polishing the skills of employees.
