According to Burm (2007), the organizations are acknowledging the training of employees as a source of competitive advantage and they are aware that human resources are the most important asset for an organization. Employees with knowledge, necessary skills and competencies enable the organization to win the war of competition and gain a sustainable competitive advantage in the marketplace. The training programs are tailored according to the organizational strategy and employee tastes to align...
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.... Otherwise, the organization starts underperforming and it causes the organization to fail. The VP should rather increase the budget instead of decreasing or reducing it to increase employee performance, motivation and productivity.
Action, T., & Golden, W. (2003). Training the knowledge worker: a descriptive study of training practices in Irish Software Companies. Journal of European Industrial Training , 27 (2), 137-146.
Burm, S. (2007). What impact does Training have on employee commitment and employee turnover?
Chiang, C., Back, K., & Canter, D. (2005). The Impact of Employee Training on Job Satisfaction and Intention to Stay in the Hotel Industry. Journal of Human Resources in Hospitality and Tourism , 4 (2), 99-118.
Hughey, A., & Mussnug, K. (1997). Designing effective employee training programs. Training for Quality , 5 (2), 52-57.
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