The terms training and development are used in human resource management. Although they seem very similar, but they both are different and an integral part for any organization. They are also important for a particular individual in an organization. Organization/Companies spend a lot of time and money on recruiting the best possible talent, one way to assure a return on that investment is to have a formalized plan for both training and development.
Training is the process of equipping employees in a specific organization with specific skills, competency, and knowledge so that they can be able to handle various assignments. Training sessions are mostly done for new employees so, that they can be familiar to operations of the organization. Training varies from organization to organization, can be either weekly or monthly, depending on the bulk or work load.
Development is the process through which organization equips the employees with skills and knowledge to the extent that they can have steady growth and the trend is followed as per the market or business need. Moreover, development is provided to help individual employees within the organization so as to have managing skills after they prove themselves at junior level.
|Meaning||The action of teaching a person or group of persons a particular skill or type of behaviour required for the job or business||The action dealing with the opportunity for an individual to improve their general skills such as to be updated about latest trend in the market and overall growth of their own.|
|Term||Short term||Long Term|
|Focus on||Present/Immediate need||Future roles|
|Concentrated on||Job & abilities||Career & Possibilities|
|Purpose||Performance or capability of an employee||To prepare individual for future challenges|
|Number of People||Can be one or many||Only one|
|Aim||Specific job or role related||Conceptual & General Knowledge|
Training and development are two different programs used in human resource management to equip employees with skills and knowledge to handle various tasks. As observed, training & development is the single most important predictor of job performance. In modern times when human capital isthe most important asset of an organization, job performance is utmost required for organizational success.
Thus, we can easily conclude due to its positive correlation with job performance that training & development has become the one of the most important functions in an organization. Training & Development of employees improve the knowledge, skills and attitudes of the employees. It provides confidence in employees and brings a satisfaction in the organization. Employees also feel motivated and work harder as a part of an organization which results in their improved performance.