Benefits of training of employees to the organisation are as follows:
(a) Economic operations. Trained personnel will make economy and efficient use of resources-men, money, material, machines and methods. This will lead to the reduction in the cost of production per unit. There will be a great savings as training reduces wastage and spoilage. This will result in economic operations. Thus, training expenditure is treated as an investment in human resources.
(b) Increases productivity. It helps to improve employee’s knowledge and skills, which in turn increases the quality and quantity of production. Higher productivity means higher profitability for the organization.
(c) Reduced supervision. Training gives employees greater confidence. Trained employees need less supervision. They require greater freedom to handle their jobs without close supervision. With reduced supervision, a manager can widen his span of control and spend greater time on more non-routine issues of the department. Properly trained employees are more self-reliant because they are more confident about what to do and how to do it. The employees need not learn by trial and error method.
(d) Standardization of procedure. With the help of training, the best available method of performing the work can be standardized and taught to all the employees
