Measuring Effectiveness of Training Program
ABSTRACT
Training and development is a process that entails a comprehensive assessment and methodical nurture of the employee’s potentialities keeping in mind, the company’s requirements and objectives. The purpose of training is to increase knowledge and skills for the job under consideration.
Training has always been an essential part of an organization’s efforts to recruit and effectively employ people on its ongoing processes. Training people to perform organizational task better is one thing and maintaining the organization as an ongoing system is another.
In fact, training may seem quite irrelevant at times but most empirical evidence upholds the case for training. In India, people spend approximately an annual sum of $45 billion on training. This is because training orients employees in the right direction i.e. aligns the moves and motives of the employees with those of the organization. Thus the organizational goals are aimed at increased productivity thereby reducing the chances of wastage. It is also of benefit to employees who can avail promotions faster on the basis of their increased efficiency due to training. Thus employee morale can be boosted by training. Human Resource function with the philosophy that each individual is unique and each individual has the capacity to perform. Through training, individual skills and knowledge are looked after.
In a very short period, training has mushroomed into a large scale activity. In industrially developed countries, training is a means to reduce obsolescence among people and organizations, in the face of relentless technological innovation. In developed countries, increased knowledge and skills are the latest resources that can be mobilized by training, without heavy demands on scarce capital and scarce foreign exchange.
The prime focus of the study is to evaluate the Effectiveness of Training Program at COSMOS, and evaluate employees’ opinion regarding the same.
LITERATURE REVIEW
Training and development is a process that entails a comprehensive assessment and methodical nurture of the employee’s potentialities keeping in mind, the company’s requirements and objectives. The purpose of training is to increase knowledge and skills for the job under consideration.
Training has always been an essential part of an organization’s efforts to recruit and effectively employ people on its ongoing processes. Training people to perform organizational task better is one thing and maintaining the organization as an ongoing system is another.
In fact, training may seem quite irrelevant at times but most empirical evidence upholds the case for training. In India, people spend approximately an annual sum of $45 billion on training. This is because training orients employees in the right direction i.e. aligns the moves and motives of the employees with those of the organization. Thus the organizational goals are aimed at increased productivity thereby reducing the chances of wastage. It is also of benefit to employees who can avail promotions faster on the basis of their increased efficiency due to training. Thus employee morale can be boosted by training. Human Resource function with the philosophy that each individual is unique and each individual has the capacity to perform. Through training, individual skills and knowledge are looked after.
In a very short period, training has mushroomed into a large scale activity. In industrially developed countries, training is a means to reduce obsolescence among people and organizations, in the face of relentless technological innovation. In developed countries, increased knowledge and skills are the latest resources that can be mobilized by training, without heavy demands on scarce capital and scarce foreign exchange.
The prime focus of the study is to evaluate the Effectiveness of Training Program at COSMOS, and evaluate employees’ opinion regarding the same.
LITERATURE REVIEW