Training - An Investment Or Loss??

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Topic : Skill Gap - A Major Concern For All

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	Training - An Investment Or Loss?? Created by : Jyoti Kapoor, HR Manager, Cybage Software \| 11 25 2010 10:26:10 +0000 Industry : Human Resources (HR) ConsultingFunctional Area : Organizational Development(People Management) Keywords : investment training loss employee training Activity: 355 views; last activity : 12 09 2010 18:35:03 +0000 Today many companies are putting more money for the training of their employees. Some times the training results in good outcomes but many a times the results are not satisfactory..... So, is employee training an investment or loss???

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Support "Investment" edit in rich text ... Submit Cancel Saving ... 0 0 Training is always an investment untill and unless it is invested on right person and on necessary things where improvement is mendatory to achieve desired behaviour and better returns By manasi bhupendra maniar, MBA/PGDM student, shree jayrambhai patel institute of management \| 12 09 2010 18:35:03 +0000 Edit \| Delete Support \| Oppose 0 0 Training, of course, is an investment, provided the training is imparted to the needy. Before imparting any training in organisations, it is for the organisation to conduct a programme on loyalty, ethical enterprise, ethics and values drawing insights from Bhagwat Gita and other Precepts. Once conditioned, the employees would be in a right framework of mind to utilize the training to the optimum utilization to match the goals and objectives of the organisation. Otherwise, training is a wasteful exercise. By S. Muralidharan, Executive Director, Knowledge Foundation & Campus Around the Corner \| 12 09 2010 14:27:43 +0000 Edit \| Delete Support \| Oppose 0 0 Training is always an investment. At times as a manager you may encounter an employee who is highly willing to do a job but lacks ability. A manager will have to play the role of a coach and make sure the employee gets adequate training. The bottom line is - Hire for attitude and Train for Skills. By Anoop Dhopte, Lead Developer, Avaya India \| 12 09 2010 11:59:21 +0000 Edit \| Delete Support \| Oppose 0 0 the arrangement of training programm for frehers, or for the workers in a company is so fruitful, its a long time investment, By Mayank Sharma, MBA/PGDM student, Punjabi University, patiala \| 12 07 2010 09:54:25 +0000 Edit \| Delete Support \| Oppose 0 0 Training to the freshers is not loss but its an asset to the Organization By Shephali Shaligram Bhagat, Bio-Medical Engineer, Govt of Mah. Health Services \| 12 07 2010 09:31:19 +0000 Edit \| Delete Support \| Oppose 0 0 This is all depends only upon the deliberation of the trainer and the trainee..... By Kokula Krishna Hari K, Research Scientist, Techno Forum Research and Development Centre \| 12 07 2010 06:40:31 +0000 Edit \| Delete Support \| Oppose 0 0 Training is always an investment in oneself. It helps an individual to raise the bar,at the same time sharpen the skill sets. People are assets and employers today are willing to invest in Training & development. Binda Kanayalkar By Binda Kanayalkar, Admin & HR Manager, ExxonMobil \| 12 01 2010 17:36:25 +0000 Edit \| Delete Support \| Oppose 0 0 i agree with anuragini By anish kumar, O&M Hub Lead (KL & TN Circle), TVS interconnect systems \| 12 01 2010 05:56:10 +0000 Edit \| Delete Support \| Oppose 0 0 TRAINING IS AN INVESTMENT FROM BOTH THE ASPECTS , EMPLOYER AS WELL AS EMPLOYEE,AS EMPLOYEE GET A CHANCE TO NURTURE HIMSELF & CAN PERFORM WELL IN ORGANISATION ..............AND EMPLOYER CAN INCREASE HIS BUSINESS WITH TRAINED YOUNGS..... By anuragini raj sinha, HR TALENT ACQUISITION, Leading IT Gaint \| 12 01 2010 04:50:28 +0000 Edit \| Delete Support \| Oppose 0 0 Training will never give negative impact the thing is how you motivating your employees to increase their concept, ability, positive attitude & the way which can help to increase revenue of the organization. so training is a great investment. By Kundan Jha, Manager Marketing, Best Western \| 11 30 2010 16:12:28 +0000 Edit \| Delete Support \| Oppose 0 0 Training is almost an asset to the organisation By Shephali Shaligram Bhagat, Bio-Medical Engineer, Govt of Mah. Health Services \| 11 30 2010 09:22:34 +0000 Edit \| Delete Support \| Oppose 0 0 I second to you.. By sudeshna joardar, Recruitment Executive, Genius Consultants Ltd. \| 11 29 2010 17:38:08 +0000 Edit \| Delete Support \| Oppose 0 0 Training is never goes toward negative, it is essential and a great investment live motivating the employees to increase the efficiency with the TQM concepts. so training is a great investment. By P.Padmanaaban , Assistant Professor, Asan Memorial College of Arts & Science \| 11 29 2010 15:58:27 +0000 Edit \| Delete Support \| Oppose 0 0 i totally agree with this point. if you fail to train your employees, loss is inevitable on the long run By TEMITOPE , CUSTOMER SUPPORT GROUP, STARCOMMS PLC. \| 11 29 2010 13:11:22 +0000 Edit \| Delete Support \| Oppose 0 0 Training Is obviously the most important investment done by the company. If the employess are not trained than it will direct affect to the productivity and efficency of the company as well as employee. By Ishan Vora, Freelancer, Human Resources (HR) Consulting \| 11 29 2010 09:22:57 +0000 Edit \| Delete Support \| Oppose 0 0 Training is definitely an investment, both for the employer and the employee. However, the need for training needs to be clearly spelt out and communicated to the trainees and the management. Only when there is clarity in thought on the subject will the training become effective. I have come across managers who undertake training programs just because there is a a budget for the same and their KRAs include number of training programs conducted. This needs to be avoided since here the training becomes a cost and not an investment. By Inderpal Singh, Director - Academics and Admissions, MILE - Management Institute for Leadership and Excellence \| 11 29 2010 05:26:59 +0000 Edit \| Delete Support \| Oppose 0 0 well identified & formulated training programme is indeed an investment.. By Poonam Chhikara, HR Manager, RSystem Internationa Ltd. \| 11 29 2010 04:42:04 +0000 Edit \| Delete Support \| Oppose 0 0 Training provides big payoffs for the employer in increased productivity, knowledge, loyalty, and contribution.So well structured training programming plans brings us good results. By Sreeja.Raja , Snr Off Page Optimizer, Organic Apex \| 11 25 2010 10:50:30 +0000 Edit \| Delete Support \| Oppose 0 0 Yes it is Investment, but it depends on company strategy either they convert it into investment or loss.. By Sharad Gupta, Software Developer, Tripura Technologies, Hyderabad \| 11 25 2010 10:44:10 +0000 Edit \| Delete Support \| Oppose 0 0 I will go for this.....every company sees training an investment. A well structured training program will definitely give desired results. By Jyoti Kapoor, HR Manager, Cybage Software \| 11 25 2010 10:26:10 +0000 Edit \| Delete Support \| Oppose	Support "Loss" edit in rich text ... Submit Cancel Saving ... 0 0 It all boils down to what is the major GAP that had spurred this Training spell.If the gap is due to Non KSA issues, Training is useless. Though I am a Trainer, let me confess that Training is not a panacea for all ills of an organization, as some in my profession want us to think.If the "gap" is KSA, that too in a critical area, only than Training is justified.Let us also not forget that, above a certain limit money alone cannot be a "retainer" of talented professionals.A good Training system, I am told, reduces attrition rate. By Srinivasan jothigopala krishnan, Looking out for a challenging assignment in Training and Development as Trainer/Trg coordinator/t\Trg Mgr on F.T. basis, At present a freelance Trainer \| 12 07 2010 15:52:29 +0000 Edit \| Delete Support \| Oppose 0 1 If your employees are non-compatible for the job or not calibrated for that level, TRAINING will be PURE LOSS. By Kokula Krishna Hari K, Research Scientist, Techno Forum Research and Development Centre \| 12 07 2010 06:39:37 +0000 Edit \| Delete Support \| Oppose 0 0 Considering the present Job hopping mindset of new generation employees , Training may result in loss for organizations. By Vivek Kumar Srivastava, Competence development Manager-Global Services , NSN \| 12 01 2010 07:22:53 +0000 Edit \| Delete Support \| Oppose
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