Taking business personally: Do you think that firms that provide substantial training and education assistance to...

Taking business personally: Do you think that firms that provide substantial training and education assistance to their workers are wasting their money?

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Expert Solution

NO, the firms who are spending substantially on training and educating are going to earn a huge benefit from that. Those benefits are mentioned below:

A well trained and educated will have higher productivity in the firm. He will be able to produce more using fewer resources and cause less wastage and loss to the firm. Thereby increasing profit and return for the firm.
A well trained and educated worker will understand the goals and objectives better leading to a enhanced coordination between the different workers and department of the firm. Allowing the company to achieve the goals easily and effectively.
A trained worker who understands his responsibility and job well will be more likely to communicate the problems and working conditions. This can lead to more bottom to top innovation in the firm.
A trained worker will feel as a part of the organization leading to a better motivated and effective employee.

Rahul Sunny answered 1 year ago

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