The skill sets required for jobs are ever-changing and it is the responsibility of companies to plug the skill gap between education and employment. Offering the right training to employees will help in strengthening their skills, enhancing their capabilities and acquiring new knowledge. The companies that invest time and money in developing and expanding the knowledge of their employees bring in more productivity and are able to position themselves better in the larger business landscape.
Here's a look at how on-the-job training can prove to be a worthwhile investment for companies and equip employees with the right set of skills:
Helps tackle shortcomings: While one employee maybe good at calculations and market segmentation, another may prove her excellence in ideation and churning out new strategies. Every individual will have some shortcomings and it is timely training and development programmes that can upskill employees to perform different tasks with the minimum required skill. Workplace training plays a pivotal role in bridging the skill gap and keeping employees on the cutting edge of industry developments
Increases productivity: In a rapidly-evolving job landscape, employees need to be trained and taught about new technologies and their applications. With training and development, employees can stay up-to-date, use new technologies and give up on the old ways of performing a task. They can finish a task faster and show improved results with the right training. It will also give them confidence and enable them to adopt new and better ways to achieve their goals and objectives
Boosts employees' morale: Lack of guidance often kills the morale of employees. Training and development programmes not only improve the skills of employees but also boost their morale, thereby making them happy and leading to longer tenures. Apart from breaking the monotony in the workplace, training programmes offer employees a learning platform where they are able to master new skills and become more marketable.
Encourages creativity: With training and upskilling, employees are able to think outside the box and widen their thinking capabilities, hone their communication skills and develop new skills that can improve a company's competitive edge. Such programmes are the best ways to promote innovation and improve employee involvement.
Enhances company reputation and profile: Offering the right training and development programme makes the company stand out in the recruitment sphere. Employees are likely to feel valued if they are being invested in, and they work harder to exceed expectations. However, the company should adopt stronger and successful training strategies that help them build their brand name and enable them to emerge as a sought-after firm among employees.
(Divya Jain is CEO of Safeducate)
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)