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Training And Development : What Are They Really Worth?

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Initially, training can be viewed as a prime opportunity to expand the knowledge based on all employees. The concept of training and development is described as ongoing efforts that are made within an organization to enhance performance and self-fulfillment of their employees through a variety of educational methods and programs. This can range from specific instructions in job skills to long-term professional development. More and more companies have embraced the ideology of continuous learning and other aspects of training and development as a way to promote employee growth and obtaining a highly skilled workforce. The quality and productivity of workers through training are now widely acceptable as a significant tool in guaranteeing the …show more content…

Instead of seeing training as a cost and expense, managers needs to view it more as an investment. The two terms “training” and “development” are utilized together to describe the overall improvement and education of an organization’s employees. Generally, training programs have very definite and quantifiable goals such as understanding a specific process and performing certain procedure efficiently. On the other hand, development concentrate on a broader perspective such as decision making, leadership skills, and goal setting. Unfortunately, managers are not viewing training as a necessity for strategy for competitiveness and strategy. In the article, Why Companies Don’t Train Workers Anymore by Allison Schager, discussed that companies are no longer investing their resources in training. Training is considered to be expensive, which lowers the expected return on the training investment. This could be due to many different job changes such as frequency and technology. Also, the author stated that skills have become more flexible. The idea has been proposed that, companies are making cost-saving decisions to cut worker training and simply hire people with the skills they need. This could be due to employee’s expectations might be unrealistic. However, education will not resolve this issue either because school can rarely teach what most people learn on their first job. Training is greater than just building the skills and

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