Why Is Training And Development Important
1. WHY HUMAN RESOURCES IS IMPORTANT
In most companies across the globe, the department designated to hire, train and retain employees is mainly the HR department and the management of human resources is called HRM since 1980s. It was in the past also referred to as the personnel department and it was mainly responsible for managing the functions of hiring qualified employees to the company, as well as managing and developing employees and improving their skills and performance during their presence and commitment in the company.
HRM deal with employees’ issues in any company, and it is considered to be one of the most, if not the most, important and strategic part of every company. HRM practices affects the functions of all other departments …show more content…
Training and development has become one of the most desired employee benefits as learning new skills and having a wide job knowledge is the number one between these benefits. The importance of training and development is clearly shown by both employees’ personal satisfaction and companies’ growth (Gregory P. Smith). Well trained employees will be able to have more control and less supervision over their job. Employees who understand their job complains less, more satisfied and more motivated which leads for better management-employee relationships and more productivity, therefore more loyalty and employee’ commitment toward the company. For better understanding of training and development importance, training and development definition, processes, designing an effective training and development programs, the influences of training and development programs on the employee performance, turnover, absenteeism and retention rate, in addition to the fact of training and development among Lebanese SMEs which will be examined and explained within the remaining parts of the literature …show more content…
Nowadays, companies invest more on training and development to increase the employees ‘productivity, reduce employees’ turnover, increase efficiency resulting from the financial gains as well as decreasing the need of supervision. Moreover companies dedicate efforts to face and adopt the forces previously mentioned that play a significant role in the company’s success and growth, therefore gain a competitive advantage. As a big amount of time and money will be invested on training and development and the lost that will be incurred if the designed and implemented training and development program failed to attain its objective. Therefore, a well-implemented, planned and designed training and development program should be set in order for this program to achieve the purpose that it is built
In most companies across the globe, the department designated to hire, train and retain employees is mainly the HR department and the management of human resources is called HRM since 1980s. It was in the past also referred to as the personnel department and it was mainly responsible for managing the functions of hiring qualified employees to the company, as well as managing and developing employees and improving their skills and performance during their presence and commitment in the company.
HRM deal with employees’ issues in any company, and it is considered to be one of the most, if not the most, important and strategic part of every company. HRM practices affects the functions of all other departments …show more content…
Training and development has become one of the most desired employee benefits as learning new skills and having a wide job knowledge is the number one between these benefits. The importance of training and development is clearly shown by both employees’ personal satisfaction and companies’ growth (Gregory P. Smith). Well trained employees will be able to have more control and less supervision over their job. Employees who understand their job complains less, more satisfied and more motivated which leads for better management-employee relationships and more productivity, therefore more loyalty and employee’ commitment toward the company. For better understanding of training and development importance, training and development definition, processes, designing an effective training and development programs, the influences of training and development programs on the employee performance, turnover, absenteeism and retention rate, in addition to the fact of training and development among Lebanese SMEs which will be examined and explained within the remaining parts of the literature …show more content…
Nowadays, companies invest more on training and development to increase the employees ‘productivity, reduce employees’ turnover, increase efficiency resulting from the financial gains as well as decreasing the need of supervision. Moreover companies dedicate efforts to face and adopt the forces previously mentioned that play a significant role in the company’s success and growth, therefore gain a competitive advantage. As a big amount of time and money will be invested on training and development and the lost that will be incurred if the designed and implemented training and development program failed to attain its objective. Therefore, a well-implemented, planned and designed training and development program should be set in order for this program to achieve the purpose that it is built