Why is training important for an organisation?
Training is important for an organisation because:
- It avoids wastage of efforts and money by systematic learning of skills.
- It enhances employee’s productivity, leading to the higher profits.
- It equips the future manager who can take over in case of an emergency.
- It reduces absenteeism and employee turnover by increasing employee morale.
- It helps in obtaining an effective response to a fast changing environment.