Training and Development
Human resource management is starting to place an increasing emphasis on and need for employee training and development, Every corporation needs to spend on staff training due to the rapidly evolving nature of technology and the business environment in order to build and maintain competitive advantages (Oday Alnabhan, 2005). Training and development place a strong emphasis on enhancing the performance of both individuals and groups through the establishment of an effective system within the company that focuses on the knowledge, techniques, and information needed to accomplish the goal. Effective employee training promotes the growth of employees' skills and knowledge, which in turn helps a business increase productivity and experiences overall growth Also, Identification of performance requirements, knowledge, skills, and abilities required of an agency's personnel to meet the standards is the goal of training and development, resource allocation will be made easier by excellent training (Sambandam, 2021).
Further, Training is a specific activity that imparts new knowledge or abilities, frequently given to freshly hired or promoted staff, both are crucial responsibilities of company human resources professionals, who are normally in charge of organizing and carrying out these initiatives (Maryville University, 2021).
The writer is currently working in the largest network telecommunication in Sri Lanka and this organization is conducting various training programs and workshops for all employees to refresh their knowledge, introduce new things, and share employees' knowledge with others. Also, the selected senior employees are eligible for the six sigma course and the organization will provide the opportunity to join it free of charge. This was a benefit for the staff who really want to grow employees' educational path. Further, some higher management employees and technicians will get the opportunity to participate in the training programs which are conducted overseas. Providing proper training and development programs leads to employees and allows employers to pinpoint their knowledge and skills. HR and the training team want to get the full potential of each and every employee to grow personal growth and the organization's success. Moreover, the organization conducts a special training program called "CSTA" for employees who want to join the Quality team and are willing to be a trainer for newly recruited employees. This will be really helpful to make employee's professional life path a quick way.The HR and training team wants to through proper training and development programs educate employees about new skills and provide updates on existing skills to enhance productivity.
Training and Development Help with Reducing Employee Turnover
Companies are looking for strategies to retain employees in light of the expensive possibility of employee turnover, Reducing staff turnover requires investment in training and development (Maryville University, 2021). Every year, employee turnover costs U.S. businesses $1 trillion, and replacement expenses can be up to 150 percent of an employee's compensation, According to an article by SHRM, employee training reduces turnover and absenteeism, additionally, a recent LinkedIn Learning study revealed that 94% of workers would stay at a firm longer if it supported their professional growth (Carlevatti, 2022).
In conclusion, Employee training and development programs can strengthen the soft skills that are essential in adapting to changes at work and in society and one of the easiest ways to bring costs down is through employee training. HR is responsible to organize the proper training and development for the employees who are working in the organization for a long time instead of recruiting new employees from the outside. Moreover, the HR team and management should identify each and every employee's potential in order to achieve the organization's goal and future development.
Reference list
Carlevatti, J. (2022). Benefits of Offering Employee Training and Development. [online] Available at: https://corporatetraining.usf.edu/blog/benefits-of-offering-employee-training-and-development [Accessed 29 Nov. 2022].
Maryville University (2021). Importance of Training and Development for Employees. [online] Maryville Online. Available at: https://online.maryville.edu/blog/importance-of-training-and-development/.
Oday Alnabhan, D.B.A. (2005). Learning and Training Development in Human Resources Management. Master Research Degree Level. [online] Available at: https://www.academia.edu/35426111/Learning_and_Training_Development_in_Human_Resources_Management.
Sambandam, R. (2021). employee traning and development: a tool to increase the performance among workforce in organization Employee Traning and Development: A Tool to Increase the Performance Among Workforce in Organization. employee traning and development: a tool to increase the performance among workforce in organization Employee Traning and Development: A Tool to Increase the Performance Among Workforce in Organization, [online] (12(8):7869-7884). Available at: 357528021_employee_traning_and_development_a_tool_to_increase_the_performance_among_workforce_in_organization_Employee_Traning_and_Development_A_Tool_to_Increase_the_Performance_Among_Workforce_in_Organization [Accessed 29 Nov. 2022].