Training is a life long necessity for employees:

(i) It leads to better career of the individual.

(ii) It helps them to earn more by increased performance.

(iii) It increases the satisfaction and morale of the employees.

(iv) It makes the employees more efficient to handle machines and are thus lesser prone to accidents.

Training is a life long necessity for organisations:

(i) It avoids wastage of efforts and money by systematic learning of skills.

(ii) It enhances employee’s productivity leading to higher profits in the organisation.

(iii) It equips the future manager who can take over in case of an emergency.

(iv) It reduces absenteeism and increases turnover of the organisation by increasing employee’s morale.

(v) It helps in obtaining an effective response to a fast changing environment.

The need of training can be clarified with the help of its advantages. They are given below:

A. Benefits to the Organisation: Main advantages of training to the organisation are as follows:

i. Most Economical and the best use of Material and Equipments: Each employee working at any level makes use of machine and material. For instance, at lower level machine and material are used, at middle and higher level, computers, typing machines and writing material are used. Trained employees use these machines and material properly and minimise wastage.

ii. Improvement in Quality and Quantity of Output: Training makes it possible to improve the quality and quantity of output. Consequently, cost of production per unit falls. It is important to note here that output does not mean goods manufactured by machines alone but it refers to all jobs performed at all managerial levels. It is, therefore, evident that training improves knowledge and skill of all levels of employees and their performance turns excellent.

iii. Less Requirement of Supervision: Trained employees are skilled in their jobs, so their work does not require much supervision. They can utilise the time thus saved in some other creative works.

B. Benefits to the Employees: Alongwith organisation, the employees are also benefitted by training. The advantages to them are cited below:

i. Increase in Capacity and Efficiency: Through training one learns the art of doing a special job methodically. It increases the skill and efficiency of the employee.

ii. Increase in Market Value: Trained employees have a better market value. Increased market value means that other organisations are always willing to employ trained personnel at higher remuneration. Consequently, if any employee is feeling uneasy in an organisation because of low remuneration, he can very easily join another organisation at higher remuneration.

iii. Fewer Accidents: Reduction of accidents is not only beneficial to the organisation it also protects the life of the worker. By learning the art of operating the machine, the rate of accidents can be minimised. This art can be learnt by training alone.