Those who think training is expensive and a waste of time and money are sadly mistaken. An organization’s most valuable asset is its’ employees. Employees are an organizations’ means to achieving its goals. They are also the single largest operating expense, accounting for around 70% of all operating expenses. At that rate, wouldn’t you want to know employees were performing to their full potential?
What is training?
Training is the development of any knowledge, skill, or desired behaviour in an individual or a group. Training can range anywhere from specific task instruction to broad skills that will aid in future career development. It is a way for an organization to invest in its human capital and reap the benefits of their contribution towards the success of the business.
Benefits of training:
- Keeping up with training means employers gain a competitive advantage by having qualified employees working efficiently and effectively
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