This article throws light upon the top eight benefits of training your employees. The benefits are: 1. Increased Productivity 2. Higher Employee Morale 3. Reduced Supervision 4. Reduced Accidents, Spoiled Works, Damage to Equipment and Machinery 5. Increased Organizational Stability and Flexibility 6. Self-development, Versatility and Adaptability 7. Reduced Turnover and Absenteeism 8. Talents Locations.
Increase in skill and efficiency usually results in increase in both quantity and quality and output. A trained worker gives improved performance. Machines and materials are carefully handled and they are more economically used.
Higher Employee Morale:
Possession of needed skill helps to meet such basic human needs, as security and ego satisfaction. Elaborate human relations programme can make a solid contribution to morale, but such a programme is a hollow shell, if there is no solid core of meaningful work done with knowledge, skill and pride.
Training inculcates feelings in the minds of the workers that they are properly cared for, and the employer is sincere to them. A trained worker gets job satisfaction and he is loyal to the organisation. Thus, when workers are adequately trained, labour management relations are better.
A trained worker shows a high degree of self-discipline and self- supervision. Both the employee and the supervisor want less supervision but greater independence is not possible unless the workers are adequately trained. When labour is trained, we have easy and smooth managerial control and supervision. That is why training is recognised as a vital aspect of managerial control.
Management can concentrate on planning and encourage expert workers through proper motivation. When the workers are trained they can take intelligent interest in their work and they can contribute a lot to the solution of any managerial problem through participation.
When labour is trained, management can be democratic or participative. We have minimum need for restoring to threats or punishment to enforce discipline.
Reduced Accidents, Spoiled Works, Damage to Equipment and Machinery:
More accidents are caused by deficiency in the employees rather than by deficiencies in machinery, equipment and working conditions. When labour is trained, workers can contribute substantially to reduce the accident rates as they can develop safety attitudes and they can take necessary precautions to avoid accidents. Cost of training is amply repaid by way of substantial reduction in the manufacturing cost.
Increased Organisational Stability and Flexibility:
Stability means the ability of an organisation to sustain its effectiveness, despite the loss of key personnel, because we have a reservoir of trained replacements. Flexibility means the ability of an organisation to adjust itself to the short-term changes in the volume of work.
It requires personnel of multi-pie skills so that they can be transferred to other jobs where the demand is more. Job rotation enables the development of multi-utility employees and we can think of necessary adjustments in the personnel due to changes in the volume of work.
Self-development, Versatility and Adaptability:
These are the most important advantages of training. Automation and computerisation demand adaptability to new work methods. The workers have to learn the use of, new kind of equipment’s; they have to adjust themselves to major changes in the job contents and work relationship.
Technological changes bring about changes in work situation rapidly and when automation is introduced, the management has to face the problem of re-training of employees. Similarly, better security and greater opportunity for advancement within or without the present organisation are possible only for trained employees. Due to the phenomenal growth of technology since 1950, training has to be planned affair.
It must be well administered and accepted as a never-ending process right up to the retirement of the employees. Management has to take up the responsibility for continuous training and retraining of employees under the present dynamic circumstances.
Reduced Turnover and Absenteeism:
When the employees are so well trained and they experience the direct satisfaction associated with a sense of achievement and the knowledge, there is very little scope for worker dissatisfaction, complaints, absenteeism and labour turnover. All these evil sides of labour problems can be greatly reduced when the workers are adequately trained.
Training also helps in locating talents and giving them ample scope for further development by means of quick promotions. It also enables spotting of mistakes made in the selection of workers.