Publication Date: 2023/01/06
Abstract: A company's most valuable asset is its workforce, so understanding them is crucial to success. With the aid of training and development programs, organizations can create a skilled and competent workforce that will maintain a high level of competency and thrive in a dynamic business environment. This research sought to understand the effectiveness of training and development at Fisar Limited in Hyderabad. The study made use of descriptive analysis and analytical research. To collect the primary data, questionnaires were distributed to 50 employees. This included demographic profile and effectiveness of training. According to the findings, Overall training and development have a significant impact on employee performance. It benefits the organization by reducing employee turnover, increasing employee productivity, and contributing to higher financial returns. Factors such as gender, age, work experience, and training schedule have a significant impact on training efficacy. An important element in an organization's success is offering a formal training program for both new and existing employees and analysing the results since it oversees their learning and corrects it promptly. The mode of training and educational credentials must be combined to meet the needs. Organisation needs to identify room for improvement in the areas where training and development are necessary.
Keywords: Training, Development, Efficiency, Effectiveness, Employee performance, Pharma organization, Human Resources.
DOI: https://doi.org/10.5281/zenodo.7508728
PDF: https://ijirst.demo4.arinfotech.co/assets/upload/files/IJISRT22DEC1288.pdf
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