Thursday 18 December 2008

Costs and Benefits of Staff Training


People are an organisations greatest resource. But they have to know how to do their job. Skills have to be updated and renewed via training, which can be on-the job or off-the job.

But like everything there are costs and benefits. So again, taking this from the 2005 Higher solutions here are some short answers for your study!

Costs
Financial costs of courses
Working time is lost
Quality of work may be slower/poorer quality when staff are training
Resistance to the benefits of training

Benefits
Increased competence
Improves flexibility of staff
Increased motivation of staff
Increased production levels
Easier to introduce change
Image of organisation improves

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