How training influences the performance of employees in the organizations.
There are various factors like training, motivation, technology,
management behavior, and working environment, and each factor contributes to
overall employee performance but a key factor in
improving organizational effectiveness is employee training
Equip and Improve Skills.
According to research done by IBM, an employee's abilities typically
have a "half-life" of around five years, with more technical skills
needing improvement after just 2.5 years. IBM also discovered that annually
nearly 30% of skills are lost due to the lack of regular practice or training (Malik, 2020).
This implies that employers must focus constantly on training the abilities of
the employees.
Employee Satisfaction and Self-Esteem.
Employees who have a greater understanding of the operations of the
organization tend to be more satisfied with their jobs and have higher
self-esteem. Additionally, training can boost employee loyalty and workplace
morale
Increased Productivity and Performance.
The effectiveness and productivity of an organization are directly
impacted by training. As previously said in the introduction, training helps
staff members comprehend their roles and the information and abilities required
to carry them out and as a result, their confidence will rise, and as a result
will enhance their performance. According to Seismic's 2023 Value of Enablement
Report, over 80% of participants think that receiving additional training would
enable them to accomplish their objectives and close more deals.
Lower Employee Turnover.
According to the Seismic Report, 50% of employees are thinking about quitting their jobs because of a lack of training. Furthermore, IBM discovered that although 62% of new hires who have access to ongoing training want to stay with their current employer, only 21% of new hires aim to stay at an organization that does not offer training for their current function.
Conclusion.
In conclusion, an organization's ability to succeed greatly depends on
the ability of its human capital. Training is a key HRM practice. A study
conducted in an apparel company in Sri Lanka discovered a significant, positive
connection (0.817) between performance and training
Accessed on:
27.03.024.
For more videos watch: https://www.youtube.com/watch?v=BvRxq1YPLL8
Reference.
Chalani
Kuruppu, K. a. N. K., 2021. The Impact of Training on Employee Performance in a
Selected Apparel Sector Organization in Sri Lanka. Global Journals Inc, 21(2).
Available on:
https://shorturl.at/GHTU1
Accessed on: 26.03.2024.
Khan, M. I., 2012.
The Impact of Training and Motivation on Performance of Employees. Business
Review, Volume 7, p. 18.
Available on:
https://shorturl.at/juQW5
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Waqas Zaki, A. A.
A. B. a. B. S., 2019. Role of Self-Efficacy in The Relationship of Training and
Employee Performance.. Paradigms, 13(Gale Academic OneFile), p. 67+.
Available on:
https://shorturl.at/jsvS8
Accessed on: 26.03.2024.
Malik, S., 2020.
Skill Transformation for the 2021 Workplace. IBM.
Available on: https://www.ibm.com/blogs/ibm-training/skills-transformation-2021-workplace/
Accessed on: 27.03.2024.
IBM
Available on:
https://shorturl.at/awES9
Accessed on: 27.03.2024.
Seismic
Available on: https://seismic.com/resources/reports/seismic-value-of-enablement-report/
Accessed on: 27.03.2024.
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ReplyDeleteThis blog provides a comprehensive examination of the pivotal role training plays in enhancing employee performance and organizational effectiveness. It underscores the importance of continuous skill development and its impact on employee satisfaction, productivity, and retention. Overall, it offers valuable insights for HRM strategies aimed at maximizing the potential of human capital through effective training initiatives.
ReplyDeleteThis blog provides a thorough analysis of how training positively impacts employee performance, emphasizing its crucial role in enhancing skills, satisfaction, and productivity. It underscores the importance of investing in employee training to foster a more competent and engaged workforce, ultimately leading to organizational success.
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ReplyDeleteYour blog effectively highlights the critical role of training in enhancing employee performance and overall organizational effectiveness. By equipping employees with the necessary skills and knowledge, training not only boosts productivity but also contributes to higher job satisfaction and lower turnover rates. The statistics and research cited underscore the importance of investing in employee development for long-term success. Your conclusion well summarizes the key points, emphasizing the significance of human capital and the positive impact of training on organizational performance. Overall, a compelling exploration of the relationship between training and employee performance.
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