1.

‘Moga Industries Ltd.’ approached a well established university in the city of Madurai to recruit qualified personnel for various technical and professional jobs. They selected Tanya, Ritu, Garima and Chetan for various vacancies in the organisation. After the selection and placement, ‘Moga Industries Ltd.’ felt the need to increase the skills and abilities, and the development of positive attitude of the employees to perform their specific jobs better. The company also realised that learning new skills would improve the job performance of the employees. Hence, the company decided to take action for the same. 1. Name the step of the staffing process regarding which the company decided to take action. 2. State the benefits of the action to ‘Moga Industries Ltd.

Answer»

1. Training and development is the step of the staffing process regarding which the company decided to take action. 

2. Training and development offers following benefits to Moga Industries Ltd :

  • Lesser cost of production – Training and development reduces cost of production in the sense that trained employees will be able to make much better and economical use of material and machines than untrained employees.
  • Higher profits – Training and development makes the employees more efficient and the productivity of employees increases which leads to higher revenue and lower costs. In this way training ensures higher profits.
  • Employee development – Training and development makes the employees aware of new, improved and advanced knowledge and skills. This enables them to take more challenging jobs and to take position of future managers in case of emergency. 
  • Adaptation – Now-a-days, rapid changes are taking place in economic and technological environment of the business. Training and development keeps the employees in touch with latest changes and developments.
  • Lesser employee turnover – Training and development creates a feeling among the employees that they are being properly cared for. This increases employee morale and reduces employees’ turnover.


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