Preview

Employees Training and Development in Banking Sector

Powerful Essays
Open Document
Open Document
12580 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Employees Training and Development in Banking Sector
1.Introduction Of Employee Training
& HR Development You are a DIY person and you want to find out everything about starting and operating a business. There are so many resources out there and you are overwhelmed by the amount of information you need to absorb. Besides, which sources are reliable? After you swim through a sea of “useful” tips, how do you put them into action? The quality of employees and their development through training and education are major factors in determining long-term profitability of a small business. If you hire and keep good employees, it is good policy to invest in the development of their skills, so they can increase their productivity. Training often is considered for new employees only. This is a mistake because ongoing training for current employees helps them adjust to rapidly changing job requirements. We offer seminars and workshops to help you start, or improve your business operations. We focus on issues that impact small business operators from high level business plan writing to daily operational issues such as customer retention. Attendance is limited to 10 – 15 people each. Employee training workshops are also offered.
The model below traces the steps necessary in the training process:
Organizational Objectives
Needs Assessment
Is There a Gap?
Training Objectives
Select the Trainees
Select the Training Methods and Mode
Choose a Means of Evaluating
Administer Training
Evaluate the Training Our Training Methods include:

On-the-job training is delivered to employees while they perform their regular jobs.
Off-the-job techniques include lectures, special study, films, television conferences or discussions, case studies, role playing, simulation, programmed instruction and laboratory training.
Orientations are for new employees.
Your business should have a clearly defined strategy and set of objectives that direct and drive all the decisions made especially for training decisions. Firms that



Bibliography: Training and development in banks: Ashwathappa Human research and development : Dipak Human research and development : Ashwathappa WEBLIOGRAPHY Web sites : www.google.com www.ask.com www.bankofmaharashta.com

You May Also Find These Documents Helpful

  • Powerful Essays

    A training plan is a business strategy companies use as a starting point to create a training program they are going to implement to deliver education to their new employees or trainees. Having the proper training plan makes a difference in the trainer’s overall experience and how much information is retained during and after the training sessions. When companies create detailed training plans for their trainers to use as a roadmap for entry level employees to ensure their level of knowledge is sufficient enough to increase productivity and profits, cost can most certainly become a concern. This document will…

    • 2064 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    As you requested we have put together a training plan for your business. Atwood and Allen Consulting believe all companies must have an effective training plan in place to be successful. This structured training plan will ensure that every employee receive exposure to the company’s goals and objectives. Regardless to the industry you are in,…

    • 2389 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    For example this training could include necessary training for when things change within the business. The employee will also need to fit the criteria to fit the job required, as these are the tasks that the employee will need to be preformed within the job correctly on a daily bases. From this the employee should be able to; show initiative towards customers, when they are looking at properties. The employee should also be organised, be able to give instructions and communicate to other members of staff and customers. The employee should also have knowledge and IT skills to help customers. Employees should also be able to answer general questions and do paper work effectively. From employees being able to do all of these requirements the business will be very successful and they will help to manage resources within controlling a budget. Whereas if the business controls its staff well then this could save the business money as they would not need to spend as much money on training of their staff and this will help to increase the business probability. Also as the business will save money they…

    • 1227 Words
    • 5 Pages
    Good Essays
  • Best Essays

    Wells Fargo is considered one of the largest financial institutions in the US and one of America’s largest employers with more than 150,000 team members. Wells Fargo is a successful financial institution because they grow with people and technology. Technology such as computers, cell phones, i-pods, webcams, and other new technology devices are reshaping the way we play, communicate, and plan our lives and where we work.…

    • 4369 Words
    • 18 Pages
    Best Essays
  • Powerful Essays

    Study Guide Exam 3

    • 1643 Words
    • 7 Pages

    Being able to identify and hire good employees can mean the difference between having a successful and unsuccessful business.…

    • 1643 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    To increase the effectiveness of employees toward the achievement of business goals, it is essential to put a training plan in place that will enhance communication, group collaboration, and conflict management. A well designed training plan would display the same basic training module but with more organizational specificity on the topic to be addressed.…

    • 1181 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    It is important to remember the success of the business rests on acquiring the skills to develop and implement key objectives the programs provide. These key areas exemplify the significance of the training and create proficiency indispensable to achievement. Successful use of the programs is beneficial to the financial and moral gain of the organization. In all when the programs are implemented, they meet professional and personal employee needs as well as the motivational needs of the entire organization.…

    • 1938 Words
    • 8 Pages
    Better Essays
  • Good Essays

    Beer School

    • 993 Words
    • 4 Pages

    Since the company is investing a lot on training its employees, so it is equally important to provide them a learning conducive environment after training. and then to analyse whether or not training has an impact on individual performance, because that will ultimately effect the overall organizational performance.…

    • 993 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    The methods that can be used are hands on training, team building exercises, trivia games, corporate lunches, and prizes are cool ways to keep the employees interested in the training process. Training materials can be transmitted in many different ways whether it is received by fax, phone, face to face or email. The advantages of management that are in training classes should make sure that all training materials are up to date with the current facility process. Mandatory training would be required for regulations and policies such as discrimination and sexual harassment laws.…

    • 744 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Williams, Teresa & Adrian, Green; 1997; The business approach to training; Gower Publishing, Ltd.; ISBN056607656X, 9780566076565; pp52-67.…

    • 3092 Words
    • 13 Pages
    Powerful Essays
  • Powerful Essays

    The prerequisites for training vary in different businesses, with size being a significant factor. The smaller firms tend to conduct their training for their employees on a superficial level, having their entire focus on learning informal skills. Whereas in comparatively larger SMEs, there is a broader spectrum for the learning perspective. These companies want to obtain a more formal training with an objective of achieving standard skills. Thus, different firms have different training strategies regardless of the size. This paper analyzes these differences and identifies the challenges that may inhibit certain training strategies.…

    • 2199 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    This essay will first discuss how training help improving organization’s profit. Secondly, it focuses on how training can help retaining employees. Thirdly, it tells how training serves as the source of competitive advantages. The last part of the essay will suggest how training should be adopted to help employees retain the training materials.…

    • 3390 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    business resources

    • 1317 Words
    • 6 Pages

    Employees are often regarded as the most important part of a business because without them the firm would be unable to produce its goods or offer its service, it would cease to exist. Employees are human resources and need to be treated and managed in a certain way. With the work place ever changing, both employers and employees need to adapt quickly to keep up. This starts at the recruitment stage, with employers choosing staff with the desired skills. They can then give you staff training to enhance their skills, helping both the business and employee to improve.…

    • 1317 Words
    • 6 Pages
    Good Essays
  • Better Essays

    While organizational development is contingent on how employees will perform in their daily job functions, employee training offers the opportunity to further develop the employee's attitude, skill set, knowledge, and reactions to possible stressors. When workers become open to new training techniques and become more experienced in performing new job requirements the company benefits along with the employee. Employee training aids in more viable production, and even though employee training can cost an organization financially the long-term effects of properly training its employee is more valuable to the organization than the overall cost it incurs. The company can further the development of its employees by providing additional training which puts value in the employees personal stock, increases the talent pool and increases the duties the employee can…

    • 1521 Words
    • 7 Pages
    Better Essays
  • Better Essays

    Training and development is a major investment made by employers , and therefore great care should be taken to ensure adequate returns on the investment.…

    • 3132 Words
    • 13 Pages
    Better Essays

Related Topics