Importance of training can be underlined as follows:
Decrease in Production Expenditure: Training helps the employees to do their work to the best of their abilities in the most economic way. It results in maximum use of resources available within the organisation. This helps the organisation to cut their cost on re-work and non-economical methods.
Reduces Chances of Accident: A trained person uses machines very efficiently; as he has been taught to use it to the full capacity, which reduces the chances of accident or mishaps.
Steadiness in the Organisation: Training helps the employees to work efficiently. This helps the organisation to free a person, Who is supervising them. It also boosts confidence of the employees, who work without absenteeism and with dedication.
Increases Employee’s Confidence: The trained workers are able to do their jobs in appropriate ways and can understand the procedures and methods without any difficulty. Hence, employees gain confidence and start working with their full potential to attain job satisfaction.
Improved Levels of Quantity and Quality: Training leads to better production of the goods in large quantity, which are qualitatively superior as well.
Identification of Efficient and Non-Eflicient Employees: Training helps to differentiate between an efficient and non-efficient person. With the help of training, it is easy to find the person who is able to learn and perform the tasks quickly and those who are slow learner and performers.
Minimum Need of Supervision: If a trained person is operating machinery, there will be no need of supervisor, as the employee himself is sulT1cient enough to do a good job.
Useful for Managers: As managers are from the workload of supervision, it becomes easier for them to focus on other vital issues of an organisation.
Improves Understanding Power: Training gives the person better understanding of the procedure in which he is involved. One can understand the technical details of the procedure on his own, which helps in delivering better results.