- Conditions for investing in employee training
Employers engage in employee training under certain circumstances. When there is technological change as well as a new product to be launched in an organization, the employer has to ensure that the employees are familiarized with the new technology. It calls for training to ensure there is maximum operational efficiency. Also, in the event that the business is making constant losses, adequate training is mandatory to ensure that various costs are reduced thereby increasing the profit margins of the company.
In the event that new employees are hired or promoted ...