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Discuss the need for ‘On-the-job training’ for an employee. - Economics

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Question

Discuss the need for ‘On-the-job training’ for an employee.

Short Answer
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Solution 1

Employers use on-the-job training techniques to help their staff members improve their general abilities and productivity. Increased worker productivity and product production are the results of on-the-job training. These trainings keep staff members abreast of the most recent developments in their line of work. 

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Solution 2

There is a need for on-the-job training due to the following reasons:

  1. It increases the productivity and efficiency of workers.
  2. Employees gain more experience through training and may later obtain better-paying jobs.
  3. The firm ensures that employees remain with the organisation until the training cost is recovered, thereby reducing the labour turnover rate.
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Notes

Students can refer to the provided solutions based on their preferred marks.

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2023-2024 (March) Delhi Set - 2
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