Why is training important for an organisation?

Training is important for an organisation because:

  1. It avoids wastage of efforts and money by systematic learning of skills.
  2. It enhances employee’s productivity, leading to the higher profits.
  3. It equips the future manager who can take over in case of an emergency.
  4. It reduces absenteeism and employee turnover by increasing employee morale.
  5. It helps in obtaining an effective response to a fast changing environment.

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