BENEFITS
1.Quick learning : Training helps to reduce the learning time to reach the acceptable level of performance. The employees need not learn by observing others and waste time if the formal training programme exists in the organisation. The qualified instructors will help the new employees to acquire the skills and knowledge to do particular jobs quickly.
2.Higher Productivity : Training increases the skill of the new employee in the performance of a particular job. An increase in skill usually helps increase in both quantity and quality of output.
3. Standardization of procedures : With the help of training, the best available methods of performing the work can be standardised and taught to all employees.
4. Less supervision : If the employees are given adequate training, the need of supervision will be lessened. Training does not eliminate the need for supervision, but it reduces the need for detailed and constant supervision. A well – trained employee is self-reliant in his work because they knows what to do and how to do. Under such situations, close supervision is ordinarily not mandatory.
5. Economical operations : Trained personnel will be able to make better and economical use of materials and equipment. Wastage will also be low. In addition, the rate of accidents and damage to machinery and equipment will be kept to the minimum by the trained employees. These will lead to lower cost of production per unit.
6. Preparation of future managers: When totally new skills are required by an orgnisation, it has to face great difficulties in the selection process. Training can be used in spotting out promising men and preparing them for promotion.
7. Better management : A manager can make use of training to manage in a better way. To him, training the employees can assist improve his planning, organizing, directing, and controlling.
8. Confidence : Training creates a felling of confidence in the minds of workers.
9. New Skills : Training develops skills which serves as a valuable personal asset of a worker. It remains permanently with the worker himself.
10. Promotion : Training Provides opportunity for quick promotion and self-development.
11. Higher Earnings: Training helps in earning higher remuneration and other monetary benefits to the workers as their productivity is increased.
12. Increased Safety : Trained workers handle the machines safety. They also know the use of various safety devices in the factory. Thus, they are less prone to accidents.
13. Adaptability : Training develops adaptability among workers. They don’t worry when work procedures and methods are changed.