Answer» - Small companies hire trainers and pay for their training fees, accommodation, conveyance, etc.
- Large organizations set-up a separate training department. They appoint/ special officers who provide training to. new employees.
- The organization has to incur huge expenses on all these training activities.
- On the brighter side, training improves the efficiency of the employees. It makes them more productive.
- Better trained personnel save resources such as raw material, time, energy and effort. These savings lead to indirect earnings to the organization.
- Training increases morale and motivation of the employees.
- They become more loyal towards the organization and their turnaround rate reduces.
- Absence of training can lead to losses of all these benefits. Hence, it is said that although training is expensive, its absence is more so.
|