Role of Bonuses in Rewards Management
How Bonuses are Structured If you are an employee in a corporation or are aspiring to join one after your graduation, one of the key factors that would determine whether you join a particular organization or not is the financial aspect. The salary and the bonuses that you get as part of your package determine […]
Should India reform its Labor Laws? The Debate over Rigid and Flexible Labor Laws
The Case for India to Reform Its Labor Laws India is on the move and its economy is booming with it being the largest major economy clocking faster growth rates. The avowed intention of the Indian Policy making elite is to ensure that India gains parity or for that matter, at least somewhere near to […]
Techniques for Assessment of Performance and the Factors Affecting Assessments
A performance management process involves an assessment or an analysis of what has been achieved and forms a basis for career planning, potential development, performance agreements and development plans like Douglas Mc. Gregor suggested that emphasis should be on analysis and not on appraisal. Performance management process is forward looking. Performance assessments depend upon the […]
Components of Performance Management System
Any effective performance management system includes the following components: Performance Planning: Performance planning is the first crucial component of any performance management process which forms the basis of performance appraisals. Performance planning is jointly done by the appraisee and also the reviewee in the beginning of a performance session. During this period, the employees decide […]
Safe return to workplace
The new year has had a promising start. The Covid vaccine campaigns being run in most parts of the world promises a way out of this pandemic. It also means businesses need to brace up for opening their doors once again. However, it will require adequate planning and elaborate measures to assure the employees to […]
Employee development activities help in the growth and development of employees, who are the true assets of an organization. You need to respect your employees for them to feel motivated and develop a sense of loyalty and attachment towards the organization. Don’t forget your employees strive really hard for almost the entire day to accomplish the organization’s goals and objectives. They need to be appreciated. The management ought to acknowledge their hard work.
Employees who give their heart and soul to the organization also expect something in return. Money could be one motivating factor but nothing like it if you prepare your employee not only for his/her current job but also for future assignments as well. Employees need to grow with time. One cannot apply similar skills and techniques everywhere. Technology also becomes obsolete with time. An individual needs to keep himself/herself abreast with the latest developments to survive the fierce competition.
Employee development is important for employees to enhance their skills and upgrade their existing knowledge in order to perform better. Employee development activities and trainings make an employee aware of the latest developments and what is happening around him?
Employee development is important not only for professional but also personal growth of employees. Employee development activities prepare individuals for adverse conditions and unforeseen situations.
Every employee likes to acquire new skills and learnings while at job. A sense of pride develops when they feel that their organization is investing time and resources to train them. Employee development is essential for extracting the best out of employees.
In-house and outsourced trainings, conferences, seminars, WebEx sessions make employees better and reliable resources. Make them feel that the responsibility of the organization lies in their shoulders only. Trainings indeed help an employee to perform his/her level best, eventually benefitting the organization and yielding higher profits.
Employee development creates a learning culture in the organization where every employee is motivated to learn new skills and acquire new learnings. You really need to give their careers an extra push. Motivate them to inculcate the habit of reading. Encourage them to register for various online or distance learning courses which will help them enhance their skills along with their jobs.
Employee development helps an employee to do a self analysis of himself/herself. He knows where he is lacking and what all new skills and learnings will help him/her improve his performance and deliver better results. You need to evaluate your performance from time to time to measure the gap between your current stage and desired stage.
Employee development activities and trainings help the employees to overcome the gap between their current stage and where they would like to see themselves five years down the line. Employee development activities not only prepare an individual for present but also for the future.
Training is important as it makes an employee self dependent and capable of facing even the worst circumstances with a smile.
Organizations who train their employees from time to time do not face the problem of employee attrition. Employees hardly leave such organizations where they are being trained along with their routine jobs.
Employee development also goes a long way in strengthening the relationship among employees. Individuals as a result of various trainings, open house sessions, forums tend to interact with each other more and thus come closer. They do not hesitate to share knowledge, pass on relevant information and even train fellow workers.
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