Question

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

Answer 1

Reasons, why training is important for an organisation:

(a) It avoids wastage of efforts and money by systematic learning of skills.

(b) It enhances employee's productivity, leading to the higher profits.

(c) It equips the future manager who can take over in case of an emergency.

(d) It reduces absenteeism and employee turnover by increasing employee morale.

(e) It helps in obtaining an effective response to a fast changing environment