Training
& Development in HRM
Employees are the
greatest asset to the organization. Preserving the assets is good, but being
able to grow them is always better. Employee
training might be the key to sustaining the standard of the organization.
That’s exactly where training and development becomes an
important role of HRM. Investing in the
employees will lead to growth in many other areas as well. This includes cash
flow, productivity, and product quality etc.
(workhuman.com blog, 2023)
As per another author, training and
Development is a structured program with different methods designed by
professionals in particular job. It has become most common and continuous task
in any organization for updating skills and knowledge of employees in
accordance with changing environment.
(whatishumanresource.com, undated)
HRM in Training &
Development
The role of HRM in
training and development is to assist employees in reaching their highest
potential. Furthermore, HRM’s role not only involves
initiating training programs. They also must ensure that the programs are
adequate and useful. For this reason, employees’ unique learning styles
must be considered in crafting programs and activities.
(workhuman.com blog, 2023)
Training &
Development only for financial gain?
An organization that
invests in its employees will most likely reap the rewards of improved
financial performance. One significant statistic from the Association for Talent
Development (ATD) proves
this.
Their research shows
that the companies with higher employee training expenditures reported 218%
more income per employee. They also experienced 24% higher profit margins.
Employee training and
development isn’t just for earnings growth, though, few other benefits for the
employees and organization.
(workhuman.com blog, 2023)
Increase company
productivity
An organization might want to consider upskilling their employees. Training them to use
advanced tools and technology might improve their efficiency. Moreover, being
more confident in their abilities will make them more motivated to work. Also,
they’ll be able to face challenges and adapt to changes quickly and in the back
end a learning culture will grow among employees in the workplace.
Improve product or
service quality
Training and
development programs are an opportunity for experts within the organization to
share their techniques. Within a short span of time, employees will get to
learn tips and best practices for their work.
This will allow them
to create better products or provide more satisfying services. Additionally,
adequate training of employees involves giving them the same set of
instructions. This leads to uniformity in their methods and output.
Lessen employee
turnover
Research has shown
that training and development has a positive impact on employee
turnover. Workers will surely appreciate the organization’s investment in their
development. This will strengthen their sense of job satisfaction,
belongingness, and commitment.
Training and development programs might also lead them to have a better
relationship with the organization. As a result, it’ll decrease their
intentions to leave and increase the organization’s workforce retention. It’s a
win-win situation for everyone.
Decrease costs and
errors
If the organization
has highly trained employees, human errors can be minimized up to great extend
which may lead to reduce the manpower utilization for redoing incorrect work.
Also, product malfunctions and improper delivery of services are generally eliminated.
Properly trained employees know how to use materials efficiently. Thus, the
organization will spend less because waste and spoilage are minimal.
(workhuman.com blog, 2023)
My Opinion
There are many organizations
reserving a budget for training and development, and they recover the amount directly
or indirectly. Still, they make rigid agreements with the employees that they
must stay with them for a certain number years, whether they consider pay raise
or promotion or not. Which leads employees to a bit reluctant of accepting or
attending trainings.
References
workhuman.com blog, (2023). What Is Training and
Development in HRM? 2023 Complete Guide. [online]. Available from https://www.workhuman.com/blog/training-and-development-in-hrm/. [Accessed on 11 August
2023].
whatishumanresource.com, (undated). Training and development.[online]. Available from https://www.whatishumanresource.com/training-and-development. [Accessed on 11 August 2023].
Important content and T & D is very important area in HRM as it directly affects on employee development as well as organization's performance. Nowadays, companies practice advanced and effective training and development methods for employees as it finally affects company's performance and customer satisfaction.
ReplyDeleteHuman resource management plays an important role in the operation of a company and which can influence the employees’ performance in which way it benefits the organization. The HRM strategy is to change the mind set of employees and develop their skills and ability through training and development, although training is provided that will not only be a mode of improving employees talent and skill, it has to be reviewed and appraised by their managers, these are the basic elements of the HR.
ReplyDeleteYes, it is correct! When HRM focuses more on training and development, the business will have more valuable employees.
ReplyDeletethe training development first process involves identifying the organization’s skill gaps and determining the training needs of employees. It comprises gathering data through surveys, focus groups, or other assessment tools to identify areas that need additional training or development. It is crucial in determining the training and development goals that align with the organization’s overall strategy.
ReplyDeleteAs shown in the article, the remote skills of employees can be increased through training and communication. Many advantages such as efficiency of work, reduction of accidents, reduction of waste and waste etc. can be obtained from this.
ReplyDeleteAs you clearly explained, training employees not only increases organisational productivity but also decreases attrition while minimising costs resulted due to human errors.
ReplyDelete