Benefits of Effective Training
Young people seeking training and education leads to surprising drop in unemployment figures (Martin Kornacki, 20 Jan 2010, Training journal, www.timesjournal.com)
A surprising fall in UK unemployment figures has been attributed to increasing numbers of young people turning to training and education to avoid the dole. The Chartered Institute of Personnel and Development (CIPD) says the latest figure of 2.46m jobless for the three months to November, which is down 7,000 on the figure for the previous three months, is due to swelling numbers of what are considered economically inactive students.
This is just one of the millions of examples that we can find to illustrate the benefits earned due to effective training
Introduction
Even high potential employees cannot do their job until they know what to do and how to do therefore the very next step after recruiting and employee is to train him and ensure that he knows his duty towards his company, this is why the purpose of orientation, training and development is so vital.
Training and employee development form the essential of any organization be it a small or a big cap firm, no company will be able to function smooth unless they get their basics right and training & development is that base. History tells us the very fact as to how one should be particular about these key factors which has a huge impact on the growth of the business.
Every established company therefore puts a lot of emphasis on their training module as they are aware of its long-term repercussion on the nature of their business. According to a recent survey, every company spends about $826 per employee for training in one year and offers about 28 hours of training.
To further demonstrate the importance of training as also understood by the government ,a law has been enforced where in –Inadequate training can also expose the employer to liability for negligent training hence when an employer fails to train adequately and an employee subsequently
A surprising fall in UK unemployment figures has been attributed to increasing numbers of young people turning to training and education to avoid the dole. The Chartered Institute of Personnel and Development (CIPD) says the latest figure of 2.46m jobless for the three months to November, which is down 7,000 on the figure for the previous three months, is due to swelling numbers of what are considered economically inactive students.
This is just one of the millions of examples that we can find to illustrate the benefits earned due to effective training
Introduction
Even high potential employees cannot do their job until they know what to do and how to do therefore the very next step after recruiting and employee is to train him and ensure that he knows his duty towards his company, this is why the purpose of orientation, training and development is so vital.
Training and employee development form the essential of any organization be it a small or a big cap firm, no company will be able to function smooth unless they get their basics right and training & development is that base. History tells us the very fact as to how one should be particular about these key factors which has a huge impact on the growth of the business.
Every established company therefore puts a lot of emphasis on their training module as they are aware of its long-term repercussion on the nature of their business. According to a recent survey, every company spends about $826 per employee for training in one year and offers about 28 hours of training.
To further demonstrate the importance of training as also understood by the government ,a law has been enforced where in –Inadequate training can also expose the employer to liability for negligent training hence when an employer fails to train adequately and an employee subsequently