Employee development comprises the key aspect for boosting the productivity of the company. While looking at the overall performance of any company, it largely comprises of the key factors of employee performance. Thus is why it is often a strategic investment that a company might want to make with the potential fair pay-off. Besides the aspect of boosting productivity of a company, one shall also consider the image of the company that would form in the aftermath of boosting employee performance, too. Thus, there are several aspects one shall consider and then assess their importance.
Overall, one can distinguish the following potential benefits of focusing on training and development. These are increased productivity, decreased amount of supervision, job satisfaction and development of employees’ skills that would best reflect the requirements of the market in the current settings. This is why the development of employees should receive investment and attention from the side of employer. Without a doubt, benefits listed above might not be noticeable from the very first day of investing into employees. However, a company that takes a strategic approach and position will have a better perception in the global market. Moreover, the employees who are better trained will then be able to give back to the company even more, when that would be most required. This is why one shall take this aspect into consideration rather seriously.
Besides that, in the world where globalization prevails, numerous challenges arise in regards to adjusting to new realities. For some employees who are more used to old-school practices, these adjustments may be complicated to adjust to these challenges. This is why employees training and development could fill these gaps and provide alternative chances to the employees to adapt to the new reality in the given settings.
- Pettinger, Richard. Mastering Employee Development. Basingstoke: Palgrave, 2002. Print.
- Baker, Helen. Employee Training. Chandni Chowk, Delhi: Global Media, 2007. Print.
