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The Importance and Benefits of Workplace Training
By
Tom V Powell
Article Word Count: 387 [View Summary] Comments (0) |
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With the economy in a constant flux and with the recent downturn, comparable of the great depression, behind us many businesses will start, once again, to train their current workforce to higher standards. However, this does beg the question; is workplace corporate training the most profitable option for a company? In order to fully answer this question we must first look at the options within corporate training and find out if workplace corporate training is or is not the best option to take.
To give a basic outline of what corporate training actually is it's always a good thing to start off with a simple definition of corporate training such as; a business that trains its workforce to enable them to carry out the required jobs both competently and at a favourable pace. So this does mean that the business has a choice, it doesn't have to simply train all the people who wish to become an employee, they could simply only offer the job position to already qualified people. However, most businesses take a more 'ethical' approach, by which they train the people within the business to carry out the more complicated jobs, this is more common in smaller businesses but is still seen widely among the larger corporations.
Many companies do actually overlook the benefits and the importance of workplace training. Not only do your current employees become well versed within the business and its practices but it can also increase employee's motivation. For example, if an employee constantly sees newcomers taking the higher paid jobs within the business they may be more tempted to look elsewhere, or get disheartened about their career prospects. On the flip side if the employer chooses to train and promote in the workplace the employees will see that there are good opportunities for pay increases and to further their knowledge and may work harder.
However, there are many other benefits other than simple motivation that the employer gets from training in the workplace rather that recruiting outside. For example, a new employee would have to learn how the business works, get use to other employees and build a home away from home as such. However, a current employee has already done this saving time and the risk that the new employee will not fit in with the business practices.
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Then again, corporate training does not always have to lead to promotion; a company could simply train its employees to do more complicated jobs in order to save them from having to buy in new employees to carry out the jobs, whom would more than likely demand a higher wage then the existing workforce. This is not as ethical as the train and reward system but that does not make it any less a cost saving technique a business can use. However, it is important to note that training of any kind can lead to employee losses as they will have a better chance of getting jobs of competitive pay elsewhere if a competitive pay rise is not made. Article Source: http://EzineArticles.com/?expert=Tom_V_Powell |
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Article Submitted On: November 03, 2009
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MLA Style Citation:
Powell, Tom V. "The Importance and Benefits of Workplace Training." The Importance and Benefits of Workplace Training. 3 Nov. 2009 EzineArticles.com. 10 Feb. 2010 <http://ezinearticles.com/?The-Importance-and-Benefits-of-Workplace-Training&id=3199990>.
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APA Style Citation:
Powell, T. V. (2009, November 3). The Importance and Benefits of Workplace Training. Retrieved February 10, 2010, from http://ezinearticles.com/?The-Importance-and-Benefits-of-Workplace-Training&id=3199990
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Chicago Style Citation:
Powell, Tom V. "The Importance and Benefits of Workplace Training." The Importance and Benefits of Workplace Training EzineArticles.com. http://ezinearticles.com/?The-Importance-and-Benefits-of-Workplace-Training&id=3199990