Organizationsin times pasthave dreaded the entire concept of channeling hard earned profits into training employees.The main reason behind this is the fear of watching the employees exit the organization with the newly-acquired skills only to take up more lucrative jobs elsewhere.This notwithstandingresearch has shown that organizations that hailed training as a core organizational strategy and spent their financial resources on the most valuable resource of the organizationthat''s the human resourcehave succeeded in growing their human capital and also promoting retention throughout the organization.It''s obvious that a well-designed training program grants employees the opportunity to acquire knowledgeskills in new areas while honing skills that they already possessedand exhibiting the right attitudinal change to buttress their expertise.Basicallyas employees are empoweredthey develop greater self-worthwhich contributes to greater productivity and consequent profitability.Employee turnover is reduced through trainingwhich is a bridge leading to job satisfactionorganizational commitmentjob involvement and ultimately a higher retention rate in contemporary organizations.
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