Exploring Organizational Benefits of Employee Training & Development

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This essay explores the organizational benefits of employee training and development, emphasizing its role in enhancing employee skills, motivation, and overall performance. It highlights how strategic training aligns with organizational goals, improves employee retention, and contributes to a competitive advantage. The essay also discusses the costs associated with training and the importance of evaluating the return on investment. It references theories such as the Theory of Reinforcement and Social Learning Theory to provide a theoretical framework for understanding the impact of training. The essay concludes that investing in employee training and development is crucial for creating a skilled, motivated, and engaged workforce, ultimately leading to organizational success. The literature review chapter discusses the Synthesis of theory and practice, evaluating theories and what scholars have mentioned about the topic.
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Organizational Benefits for training and Developing All Employees Modesta
Topic
Organizations seek to optimize their resources as the management put measures to ensure
that their institutions succeed. Employees are critical assets in every organization that determine
the performance attained by the organization. In most cases, highly motivated and skilled
employees are associated with the good performance of the organization they work for. Many
institutions have adopted employee training and development to improve the skills level of their
employees and, therefore, boost the output delivered by their workers. Employee training is a
program designed to assist workers in acquiring new information or skills that will help them
perform better in their existing positions. The scope of employee development is much broader
and focuses on employee growth and future performance rather than on the present work
function that an employee is currently in. A company's ongoing attempts to improve the
performance of its personnel are referred to as employee training and development. Companies
use a variety of educational approaches and programs to teach and develop their staff. Strategic
training and development have become more important in recent years. As many business
owners have come to know, training and development for employees work as both a motivator
and a means of creating a highly competent team. The value of staff education and training is
furthered in this essay. It also provides an overview of the many ways in which companies teach
their staff.
Indeed even though the terms "training" and "development" are utilized traded, there are
one or two contrasts between the two concepts. The contrasts are related to the scope of their
applications. A preparing program comes with exceptionally exact and quantifiable objectives,
such as learning how to perform a particular procedure with exactness or function a chunk of
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apparatus. Conversely, a formative program centres on procuring broader aptitudes that can be
connected in a wide extend of circumstances. They incorporate aptitudes such as decision-
making, communication, and leadership. Performing these activities comes at a cost to the
organization. Therefore, it is critical to evaluate and determine the benefits that accrue and the
cost to be certain which side has more weight. As a strategic activity, training may work in
tandem with other activities and programs to help the organization accomplish its long-term
goals. Every day, both inside and outside the workplace, we are impacted by training and
development (T&D). Training or lack thereof influences our daily lives, whether we travel, shop,
conversing, or engage in other activities. Performance management includes both training and
development, according to the article. Career development, organizational growth, and career
development are the primary responsibilities of Human Resources Development (HRD).
LEARNING is at the heart of all three HRD activities
Social Significance
In any industry, the success of any firm is tremendously reliant on its staff. However,
several additional variables play a big role; a business needs to ensure efficient personnel in
conjunction with financially dominating and competitive market. Therefore, to preserve this
valuable human resource, firms had to be mindful of employees' work happiness and retention.
Some of the intercultural differences are that workers search for only financial gains from their
labour. This assertion neglects the great importance that most of the employees put themself on
the intrinsic perks of their occupations. Consequently, it is not simply employee job satisfaction
and retention but also has unfavourable consequences on the organizations. Every corporation
should have competent people to swiftly adjust in a continually shifting business environment.
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To stay competitive and profitable, most firms spend a lot of money on staff training and
development. Organizations increasingly recognize the value of staff training as a means of
staying one step ahead of the competition. Scholars and professionals are debating whether or
not training and development programs positively influence the goals of employees and
businesses. Some academics believe that training opportunities lead to a high employee turnover
rate, while others believe that training is a positive factor in retaining employees. Regardless of
the debate, the majority of authors believe that employee training is a complex human resource
strategy that can significantly impact an organization's success. Companies are also striving to
succeed in the global economy by focusing on their employees' skills, knowledge, and passion.
The American Society for Training and Development estimates that companies spend more than
$126 billion on staff training and development annually. Individuals, teams, and organizations
benefit from training since it is a systematic approach to learning and growth. Achievements that
contribute to developing new talents and skills for personal progress are referred to as
development. As a result, it might be difficult to tell whether the results of an in-depth
investigation are related to training, development, or some combination of both. Throughout this
evaluation, we used the word "training" to refer to training and development.
On the other hand, the train is crucial since there are certain to be two or more people in
an organization who lack specific abilities. The ability to impart necessary skills to workers may
be achieved by implementing a training program. All personnel benefit from a development
program that aims to broaden their expertise. In this way, corporate owners may bridge gaps or
weak ties in their enterprises. All employees should have the ability to step in and handle any
duty with ease in such a manner that no one is left out in the cold. An employee who receives
regular training can better increase his productivity at work. Thanks to training programs,
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everyone will be well-versed in safety procedures and proper procedures to follow when
performing basic tasks. A training program boosts an employee's confidence because he will
learn more about the industry and the responsibilities of his position. Employee training is a win-
win situation for both the company and its employees. One way to improve an organization's
employer brand is to hold frequent training and development programs, making it a top choice
for graduates and high-level employees at competing companies. People who want to advance
their careers will be more interested in working for a company that invests in employee training.
Every company may not need to hear that the quest for top talent isn't ended after they've
invested a lot of time and money. On the other hand, onboarding new staff needs training. The
company has to spend a lot of time and money to ensure that new employees know their duties.
A lack of effective training may lead to shoddy work or staff turnover, requiring a new training
procedure. According to a report from the Association for Talent Development, it costs an
average of $1,252 to train one person. Training a new worker can cost you more than just money.
Investing time is also necessary for organizations. 33.5 training hours per employee are used by
businesses, according to ATD research. Of course, the cost of staff training programs will vary
from company to company. Several variables influence the cost of training new employees.
These variables include training method, the industry, skill sets, equipment, productivity loss and
business size. Small enterprises often have greater training expenditures than larger
organizations. On the other hand, large organizations devote more effort to staff training than
smaller ones. Training expenditures may be spread out across numerous workers in big
enterprises, which lower the overall cost of training.
Conclusion
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Training and developing the skills of an organizations as overtime been recognized as a key tool of the
organization growth. Organizations are progressively recognizing the esteem of staff preparing as a
implies of remaining one step ahead of the competition. Researchers and experts are debating whether
or not preparing and improvement programs have a positive impact on the objectives of workers and
businesses. A few scholastics accept that preparing openings lead to a tall rate of representative
turnover, whereas others accept that preparing may be a positive figure in holding workers. A lot of
studies above been conducted in the attempt to tell the extent to which adding employees value though
subjecting them to training may be helpful to organizations and institutions which pursue the matter.
The motivation, loyalty, productivity, and future view of each employee are strongly related to their
degree of work satisfaction. It goes without saying that if your workers aren't happy and fulfilled in their
job, you can't expect them to work to their best capacity. It is your responsibility as an employer to
provide your workers every chance to enjoy and take pride in their work. Businesses that place a high
value on their workers' well-being always have an easier time attracting top-tier staff. The availability of
training programs tends to be a top priority when high-quality prospects seek for open opportunities.
Simply recognising the advantages of training and development in a business is all that is required. An
employee's ability to rise through the ranks may be aided by high-quality training programs. It's all about
establishing and keeping the best possible teams for proactive businesses. There should be no exception
to this rule regardless of the size or type of the company.
It is possible for an employee to grow complacent about their duties if they are too comfortable in their
position. As a result, they run the danger of becoming disconnected from their job or of being burned
out. This enables them to take a "vacation" from their main tasks and adopt new ways of thinking by
participating in staff training. As a result, they are able to transfer their attention to something else
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entirely. It's important for workers to learn new skills and keep existing expertise relevant. Employees
desire to study in their leisure time at work according to LinkedIn's 2019 Workplace Learning Report.
Investing in the development of workers' skills and knowledge not only enhances their professional
growth, but it also helps them to feel appreciated and appreciated. In order to avoid wasting time,
personnel should be provided the opportunity to take a break from their daily duties and acquire
essential training. It is possible that employee training might enable employees to reflect on their
professional progress and, as a result, encourage them to be more creative and imaginative in their work
environments. As a result, they may be more willing to take chances and have a more optimistic outlook
on life in general.
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CHAPTER 2: Literature Review
Chapter two discusses the literature review of the topic. Two main issues will be
discussed: Synthesis of theory, also called theoretical review, and synthesis of practice, also
called a practical review. Synthesis of theory will evaluate the theories relating to the topic, while
synthesis of practice will evaluate what other scholars said relating to the topic.
[Synthesis of Theory]
Theory of Reinforcement is the first theory relating to the topic of study. This theory, it's
all about how a person's conduct influences their outcomes and how this behaviour may be
replicated. Reward-based training and development programs should correspond with
organizational goals, according to Skinner, an economist of the behaviourist school of thought,
and a good result should be anticipated from such programs, according to Skinner. This theory's
need for training and development programs may be met by many strategies accessible in human
resource practices. It can be claimed, expanding on the notion proposed in reinforcement theory
(Tsividi et al., 2021). Training and development activities may be rewarded with bonuses, raises
in pay, promotion, and the granting of a diploma at the end of the training program, all of which
will benefit the company. If an organization does this, the trainer will benefit from Skinner's
reinforcement theory.
The theory of social learning is the second theory. The social theory offers a fresh
perspective on learning. As stated by Albert Bandura, immediate reinforcement does not apply to
all learning. Training and development initiatives are referred to as "direct enforcement" in this
context. According to this view, such programs do not cover all learning types since certain
social factors cannot be taught. The learner picks up on such components from his or her
environment. This sort of learning is known as observational learning, and it's related to a
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knowledge of various human behaviours. First, this approach defines observation as a kind of
learning. Environment and surroundings have a critical impact on the success of a company.
Workers should be able to learn from their surroundings in a professional and respectful setting.
This idea also indicates that it is not required to alter one's behaviour after learning something
new (Bandura & Hall, 2018). As predicted, a person's behaviour alters after learning something;
however, this is not always the case. Besides that, the theory goes into detail on the many mental
states that are crucial to learning. Suppose a person's mental state is unfavourable toward any
learning activity. In that case, he will not participate in that learning process, and even if he is
compelled to do so, he will not get any positive benefits from that process.
Lastly, experimental learning theory is related to the topic. C. Rogers' experience theory
of learning distinguishes between forms of learning, experiential and cognitive. This style of
learning, according to Rogers, meets the goals and needs of the learner. A person's ability to learn
and grow is bolstered by their maturity and experience (Bontchev et al., 2018). An important
benefit of the hands-on approach is that it enables students to assess their progress by completing
a series of self-assessment tests.
[Synthesis of Practice]
Jaworski et al. (2018) researched "the effects of training satisfaction, employee benefits,
and incentives on part-time employees' commitment." they established that investing in training
in the hospitality industry has various advantages, including increased work satisfaction
enhanced guest satisfaction, and cost savings. Unfortunately, most businesses do not put much
effort into adopting efficient training approaches, which is especially true for part-time
personnel. The purpose of this research was to interview part-time hotel workers to establish if
the manner and length of training influenced training satisfaction (Jaworski et al., 2018). Efforts
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were made to determine the impact on employee commitment of factors like benefits and
incentives received and training satisfaction. Trainee satisfaction was shown to be influenced by
on-the-job training and work shadowing. Participation was influenced by certain perks and
incentives as well as training satisfaction. The ramifications of this are examined.
Kundu & Lata (2017) researched "Effects of supportive work environment on employee
retention: Mediating role of organizational engagement." Organizational involvement was
studied in order to determine whether or not a supportive work environment and employee
retention were associated. According to the study's methodology, 211 people who worked for 67
companies were surveyed and their responses were examined (Kundu, & Lata, 2017). In
determining the dimension and validity of research variables, exploratory factor analysis was
carried out. Multiple regression analysis was used to assess the postulated model and other
methods. According to the research, a positive work atmosphere is important in predicting
employee retention levels. The association between a friendly work environment and employee
retention is partly mediated by organizational involvement. This study's data was confined to an
Indian context and a cross-sectional methodology. Therefore it is unlikely to apply to other
countries. The sample size is also less than usual, although this negatively impacts the outcomes.
There is presently little study being done in India on the importance of a supportive work
environment and organizational participation. This research has made an intensive attempt to
determine if organizational involvement has a moderating influence on the link between a
supportive workplace and employee retaining.
Periasamy et al. (2020), in their work "Training and Developing Employees in the
Industrial Revolution of 4.0 Era", discussed the industrial revolution. The 4th Industrial
Revolution It may be possible for the "smart factory" revolution to enable them increase their
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dominance and rely on technology to achieve far-reaching efficiency in a broad range of areas.
This method has several benefits, including speedier invention, greater market response, and a
faster pace of firm development. We want to learn more about how the Fourth Industrial
Revolution impacts employee education and training by doing this research. As a result of the
Fourth Industrial Revolution, new types of jobs will emerge, necessitating the acquisition of new
knowledge and abilities, as well as altering the nature of employment itself (Periasamy et al.,
2020). Secondary data analysis is the method used in this review research. For the Fourth
Industrial Revolution, a review of relevant publications from 2015 and onwards is carried out to
ascertain the trend and practice applied in training and developing staff. If a company wants to
grow in the future, it has to invest in both new technology and training for its workers so that
they are ready to handle and understand the new technology that will be implemented in their
workplace. In order to achieve long-term success, companies must cultivate highly clever
employees.
Rahmani et al. (2018) discussed "The Relationship Between Implementing Knowledge
Management Practices in on-the-Job Training and Developing Professional Skills of Oil Industry
Employees." They established that it is important for workers in technology-based firms engaged
in the oil sector to be satisfied with their specific knowledge and abilities since this has a
significant impact on their overall performance in their jobs. The current research has dealt with
a variety of topics, including the many requirements for such specialized abilities in workers and
the assessment of the knowledge management impact. A descriptive-survey approach was used
to accomplish the study's objectives, which are to be found in its objectives. This research was
conducted by using a convenience sampling method, in which 322 persons were selected from a
total population of 2000 people for the study's research sample (Rahmani et al., 2018).
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Cronbach's alpha reliability method was used in this research to test the reliability of a traditional
questionnaire, with a score of 0.86. LISREL and SPSS software were used to finish the data
analysis using path analysis and t-test statistical examinations. According to the results,
employees who participated in the research developed specialized abilities as a result of
participating in all four knowledge management processes (knowledge production, information
storage, knowledge application and knowledge sharing). Additional research has shown the
company to be in a positive position in both of the previously mentioned areas.
Batool et al. (2021) researched the "role of HR technology and training for the
development of employees." Human resource technology and best practices are examined in this
article, with a focus on how they help HR consultants in making training more efficient and
effective, as well as what sorts of technology are utilized and how to enhance the training that
assists in the growth of workers. Online surveys are used to gather information for this study.
Three hundred five participants filled out the questionnaire, and the data were derived from
primary sources for this research. The analysis is carried out using the PLS program for the
imperial basis of this essay. According to the study's findings, training is critical in the
development of workers' skills and abilities (Batool et al., 2021). The importance of technology
and training in businesses has elicited generally favourable comments from the public. To benefit
both workers and the firm, many employees believe that they need to be trained inside the
corporation. To conduct this research, we will gather information from a variety of sources and
will use a convenient technique. The research problem is to determine which sorts of technology
increase the quality of training and which types of technology enable workers to comprehend it
more readily during the study. Employees become more proactive as a result of training, and
their effect on the activity increases.
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Janev et al (2018) reviewed relevant literature seeking to have a better understanding of how training and
development may help people, teams, companies, and society. In order to illustrate the value of training
and development activities in the workplace, the researchers used multilevel, a multidisciplinary, and
global approach. The researchers also looked at the literature on training design and delivery, training
evaluation, and the transfer of training in order to discover the circumstances under which the advantages
of training and development may be most effectively achieved. As a final step, they identify research gaps
and recommend new study avenues. The following is the structure of this review.
Training activities have been shown to provide several advantages, according to the experts. Aside from
work performance and elements that contribute to job success (e.g., tacit skills, invention, and
communication), they also look at additional advantages for people and teams (e.g., empowerment, self-
efficacy). Second, the researcher explains how organizations may profit from the findings. Organizational
performance, elements connected to organizational performance (such as profitability and sales), and
other advantages are also broken down into various categories (e.g., employee and customer
satisfaction, improved organizational reputation). Third, the researchers outlined the positive effects on
society that their findings would have. There is little doubt that training activities benefit people, teams,
and organizations, all of which contribute to the development of a nation's human capital, which in turn
helps the economy flourish. Research on how to optimize training's advantages for individuals, teams,
organizations, as well as society is included in the second portion of this paper. Pretraining needs
assessment and pretraining states are the first areas of study that researchers concentrate on. In the next
sections, they discussed training design and delivery, as well as training assessment. The researchers
looked at previous studies on the transfer of skills and information learned in training to the workplace.
Conclusions, as well as recommendations for future study, were addressed in this concluding part by the
researchers.
In order to guarantee that the workforce has a regular knowledge and background information, a
learning and development program is necessary. Policies and events that are critical to the business need
a high level of trustworthiness. Each and every employee must be aware of the company's future plans
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