What are the benefits of training?

Training and Development of the personnel is quite essential for the successful working of any concern. B. Flippo has highlighted the importance of training in the following words “No organization as a choice of whether to train or not, the only choice is that of methods”.

Training offers several benefits. They are:

1. Training increases the knowledge and skill of the personnel, and there by helps them to increase the quantity and quality of the output.
2. Training helps the trainee to utilize and develop is full potential
3. When there is a training, a person doesn’t take much time to achieve the required level of the performance. These gives him job satisfaction.
4. When training is imparted to personnel, they feel that they are taken care of by the management. This will increase moral of the personnel.
5. Training enables the personnel to make the best and the most economical use of the resources of the organization. This result in reduction in cost of production.
6. Trained personnel needs less supervision. That means, training contributes to increase in the span of the management. That is, when personnel are trained, a superior can supervise more subordinates. This results is reduced cost of supervision.
7. Training helps in building a second in line of competent officers or managers. As a results ,there will be competent replacement for more responsible positions.
8. The availability of trained personnel ensures the long –term stability and flexibility of the organization.
9. Buy exposing the personnel to the latest concept, information and techniques, trainings makes the personnel better qualified , and thereby , increases there employability {i.e., their market value and earning power.
10. Training gives an employee personnel confidence in handling the job assigned to him.