Training is life long necessity both for the employees as well as for the organisation. Justify the statement by giving three arguments each in favour of the employees and the organisation.
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Training is a life long necessity for employees:
(i) It leads to better career of the individual.
(ii) It helps them to earn more by increased performance.
(iii) It increases the satisfaction and morale of the employees.
(iv) It makes the employees more efficient to handle machines and are thus lesser prone to accidents.
Training is a life long necessity for organisations:
(i) It avoids wastage of efforts and money by systematic learning of skills.
(ii) It enhances employee's productivity leading to higher profits in the organisation.
(iii) It equips the future manager who can take over in case of an emergency.
(iv) It reduces absenteeism and increases turnover of the organisation by increasing employee's morale.
(v) It helps in obtaining an effective response to a fast changing environment.