Training is the process of increasing the knowledge and skill of the employees to perform specific jobs.
Development is the process of the overall growth of a person in all aspects.
Benefits of Training to the Organization
- Training imparts systematic learning to employees thereby helping to avoid wastage of efforts and money and is considered better than the hit and trial method.
- It increases the employees’ productivity both in terms of quantity and quality, leading to higher profits.
- Training increases the morale of the employees and reduces absenteeism and employee turnover.
- It helps in obtaining effective response to fast changing environment – technological and economic.
- Training equips the future manager who can take over in case of emergency.
Benefits of Training to the Employee
- Training leads to better career of the individual due to improved skills and knowledge during training.
- It helps an individual earn more due to increased productivity.
- It makes the employee more efficient in handling machines and less prone to accidents.
- It increases the satisfaction and morale of employees.
Methods of Training:
- Internship Training is a method for providing on the job training to the employees through a joint programme in which educational institutions and business firms cooperate. The learners carry on with their regular studies for the prescribed period. They also work in some factory or office to acquire practical knowledge and skills related to their specific field of expertise.
- Vestibule training is a popular method for providing off the job training through which the trainees learn their jobs on the equipment they will be using at tKeir actual work place. This is usually done when employees are required to handle sophisticated machinery and equipment.
- Induction training is given to the new employees in order to familiarise them with the key employees of the organisation and give information about the working of the organisation.
- Apprenticeship training is provided to the people seeking to enter skilled jobs like plumbers, electricians or iron workers. They are provided training under the guidance of a master worker.
Differences between Training and Development:
It is a process of increasing knowledge and skills.
It is a process of learning and growth.
It is to enable the employee to do the job better.
It is to enable the overall growth of the employee.
It is a job-oriented process.
It is a career-oriented process.
Level of employees
It is suitable for the employees at the lower level.
Developmental programmes are designed for middle and top level managers.