No, it’s not new! The idea of training and development has been in place for well over a century.
For over a hundred years practitioners have been implementing unique techniques to continuously evolve and re-evolve their executives with the help of training programs, from its subtle beginnings in the armed forces to the offices we work from, trial and error intervention method to fact-based programs. It has grown!
Staffing companies, recruitment agencies, fortune 500 companies or small size firms, you name it, we all in hiring positions acknowledge the importance of training and development.
Organizations in different verticals incorporate a unique approach to train and up-skill their human assets.
1. Types of Training & Development
Just using any one of the below does not suffice, organizations implement a mix for optimal efficiency.
Technical Training- It does not matter what level of efficiency any employee is at there is inevitably room improvement, be it programming, data analysis, coding, content writing, etc.
Quality Training- Quality can set your business apart from that of your competitors, familiarizing your employees with detecting and eliminating bad quality products becomes essential.
Soft Skills Training- Soft skills represent attributes that help employees interact better and more harmoniously with other people in the organization and with customers.
Team Training- Development of cohesiveness among team members will allow them to get to recognize each other and facilitate positive relationship building.
Managerial Training-To motivates and delegate work to subordinates, understanding software used by the organization to manage talent.
Safety Training- To ensure employees are protected from work-related injuries.
2. Benefits of Training & Development
The benefits are enormous.
Addressing Weakness – Helps address weaknesses that hinder workflow.
Reduced Employee Turnover- Employees feel appreciated when they are allowed to learn something new this sense of appreciation psychologically makes them stick to one organization.
Consistency- Consistent workflow with quality and accuracy.
Improved Performance- A well-trained employee performs better than an untrained employee as they acquire the necessary skills to outperform in a task.
Employee Satisfaction- Improves employee satisfaction as they can produce better results.
Increased Creativity- The quality of work significantly increases as they are disciplined to have a structured thought process.
3. Role of Training and Development in HR
Training & Development has become more important than ever while developing competencies and skills is crucial, employee retention factor is indispensable! Being one of the key components of any organization’s growth. Employee retention comes with a combination of diverse elements, most important of the elements is satisfaction, Yes, you read it right. Studies have shown satisfied happy employees perform 25% better and drive performance to over 37% than the ones that are not. Satisfaction is a mixture of various elements; the most important constituent being training and development.
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