Risk and return analysis of training


FE Team | Published: June 13, 2014 00:00:00 | Updated: November 30, 2026 06:01:00




What if the employers do not train their newly recruited employees and the employees straightway start working after receiving employment.  If it happens, the employer and employee both will be loser. The question is who will be worse off? The bigger loser will be the organisation.  A well trained employee with a shorter stay in the organisation is far better than a less or poorly trained one who sticks with the organisation for a long time.
If the employers refrain from training their employees due to fear of losing them, it is sure that turnover rate of employees in that organisation will not be high. When employers arrange proper training for their employees, it is understood that the employers have interest to develop their knowledge and skill. As a result employees tend to stay longer and contribute more to the success of that organisation.
Employees of an organisation with no or low investment in training have fear in their career development. The majority of employees want to be trained. These are the employees who have a strong desire to learn and perform better. If employers ignore this they should take preparation to lose the talented pool. Investment in recruiting, hiring, and integration will be a total waste in the absence of proper training.     
All employers must appreciate the importance of training for the sake of boosting their organisation. Every single taka spent on training of human resources will return manifold.
Mamun Rashid
Faculty Member, BRAC                  Learning Division, Dhaka

Share if you like