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Significance of Employee Training to Raise Organizational Profit

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Added on  2023-06-12

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This dissertation explores the significance of employee training in raising organizational profit. It discusses the importance of employee training, challenges faced by companies in eliminating employee training, and the benefits of training programs. The study focuses on Asda, a retail brand in the UK, and its training program. The research aims to determine the importance of employee training in enhancing the profitability of an organization.

Significance of Employee Training to Raise Organizational Profit

   Added on 2023-06-12

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Dissertation
(Significance of employee training to raise
organizational profit)
Significance of Employee Training to Raise Organizational Profit_1
Table of Contents
INTRODUCTION...........................................................................................................................3
Background of study...................................................................................................................3
Importance of developing employees training programme .......................................................3
About the organisations...............................................................................................................4
Rational for the research.............................................................................................................4
Research aim...............................................................................................................................5
Research Objectives....................................................................................................................5
Research Questions.....................................................................................................................5
REFERENCES................................................................................................................................6
Significance of Employee Training to Raise Organizational Profit_2
INTRODUCTION
Background of study
Employee training is one of the activity of human resource management which includes
the set of activities that helps in improving the knowledge and skills of employees within
workplace. It plays an important role in an organisation as it helps in increasing the value by
providing more expertise knowledge (Almatrooshi, Singh and Farouk, 2016). Employee training
helps in boosting the morale and motivation level of staff due to which they can give more
productive outcomes in accomplishing the goals and objective of business. It can also helps in
improving the performance of staff by reducing turnover rate, lowering maintenance cost and
resulting in fewer customer complaints. Organisation generally provide training and
development to their employees in order to make them learn new things and develop their
knowledge so that they can remain competitive and gain better career opportunities (Tanwar and
Prasad, 2016). Therefore, training and development activities focuses on developing learning
situation where employee acquires additional skills or knowledge in order to increase the job
performance. Employee training helps in increasing the productivity and performance of an
organisation. Through training and development program, employee can easily implement the
new technology or tools as staff are trained properly on digital literacy (Haraguchi, Cheng and
Smeets, 2017). In order to create effective employee training program, it is necessary for an
organisation to identify business goals, measure learning goals and objective, find skill gaps,
layer employee training methodologies and post training reinforcement. Employee training helps
in decreasing the accidents as they are fully trained due to which there art less chances of any
errors on the job. By organising training and development program, company can also enhances
the productivity and efficiency of employees. It also helps in improving the morale and
motivation level of staff which helps in increasing the job security. The investigation is based on
the significance of employee training to raise organizational profit.
Importance of developing employees training programme
Employee training is important for an organisation as it helps in providing good
opportunity for staff to improve their job skills and grow their knowledge base in order to
become more efficient and effective in workplace (Luthans, Rosenkrantz and Hennessey,
2019). It helps in increasing the skills and knowledge of staff due to which they can contribute
Significance of Employee Training to Raise Organizational Profit_3

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