Question | Discuss the need for on-the-job training for a employee. |
Chapter | Human Capital Formation |
Class | Class 12 |
Subject | Economics (Indian Economic Development) |
Category | Indian Economic Development Class 12 Sandeep Garg Solutions |
Question – Discuss the need for on-the-job training for a employee.
Answer –
Many firms spend on giving on job training to their workers and it may take place by two following ways;
- Workers may be trained in the firm itself under the supervision of a skilled worker.
- Workers may be sent for off campus training.
On job training
- Enable workers to absorb new technology and ideas.
- Help workers to enhance their specialised skills.
- Help workers to acquire new technological skills.
- It increases the skills and efficiency of the workers and further lead to an increase in production and productivity.
- The return of expenditure on such training in the form of enhanced labour productivity is more than the cost of it.
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