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(PDF)The Importance of Training and Development in Employee Performance and Evaluation

   

Added on  2021-04-21

12 Pages2415 Words229 Views
Leadership ManagementProfessional Development
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Running head: IMPORTANCE OF TRAINING AND DEVELOPMENTIMPORTANCE OF TRAINING AND DEVELOPMENTName of the UniversityName of the StudentAuthor Note
(PDF)The Importance of Training and Development in Employee Performance and Evaluation_1

1IMPORTANCE OF TRAINING AND DEVELOPMENTExecutive SummaryTraining and development of an employee is very crucial in the recent times to attract andretain talents in the organization. The report throws light on the importance and effectiveness ofattracting and maintaining the employees in the organization. Through employee engagementand motivation, the workers can be properly managed or controlled. The strategies for employeeretention include adequate training and development of the employee. Interactive training,mentoring programs, e-learning and computer based training are few of the employeemotivational techniques.
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2IMPORTANCE OF TRAINING AND DEVELOPMENTTable of ContentsIntroduction:....................................................................................................................................3Attraction and Retention of Employees:..........................................................................................3Strategies for Retaining Employees:...............................................................................................4Importance of employee engagement:.............................................................................................5Employee Retention Project Plan:...................................................................................................6Conclusion:......................................................................................................................................8References:....................................................................................................................................10
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3IMPORTANCE OF TRAINING AND DEVELOPMENTIntroduction:In the current scenario, recruiting and talented employees is becoming quite difficultwithin the organization. Attracting and retaining positive and motivated employee is crucial foran organizational success (Sung & Choi, 2014). High employee turnover in the recent timesleads to creating negative impact on the organization’s morale as well as increasing expenses.Training and development within the organization has its own strategic positioning to achievesuccess. Attraction and Retention of Employees:Training and development directly leads to the attainment of organizational goals andobjectives. There is a direct link between the organizational performance and various trainingand development practices. Attracting and retaining the potential employees is highly significantin the recent times. Training is imparted to the employees by using new technologies andadapting varied innovative methods and encouraging them in gaining the employee’s trust. .According to Howard, Turban and Hurley, (2016) Increase in talent shortages in variety ofadvanced countries as the employees nowadays are more concerned about the employabilityinstead of employment. There is a major shift from the traditional relationship of employer andemployee. On the other hand, Ayeleke et al., (2016) argued that that this may also occurred dueto current retirement strategies and practices than the issues associated with the increasing laboror skill shortage.Long-term enhancement of the firm’s resources is obtained by strategically linking theskill development of the employees through progression, training and development. Asfaw,
(PDF)The Importance of Training and Development in Employee Performance and Evaluation_4

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