What are the advantages of training to the individual and the organisation?
Importance of training and development. The benefits of training and development to an organisation are as follows:
(i) It enhances employee productivity both in terms of quantity and quality and leading to higher profits.
(ii) Training equips the future manager, who can take over in case of emergency.
(iii) Training increases employee morale reduces absenteeism and employee turnover.
The benefits of training and development activity to the employees are as follows:
(i) Improved skills and knowledge due to training leads to a better career of the individual.
(ii) Increased performance by the individual helps him to earn more.
(iii) Training increases the satisfaction and morale of employees.