A Study on Return on Investment of Worker Training and Development in Manufacturing Company

Dr. T. R. Kalai Lakshmi; Dharani M V

Title:
A Study on Return on Investment of Worker Training and Development in Manufacturing Company

Authors:
Dharani M V | Dr. T. R. Kalai Lakshmi

Cite This Article :

Dharani M V | Dr. T. R. Kalai Lakshmi "A Study on Return on Investment of Worker Training and Development in Manufacturing Company" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-9 | Issue-2, April 2025, pp.1047-1048, URL: https://www.ijtsrd.com/papers/ijtsrd78633.pdf

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Abstract :
In today's fast-paced competitive manufacturing industry, training and development of employees have become strategic resources and not operational costs. While training is critical in providing the workforce with technical competencies, safety knowledge, and teamwork, organizations fail to notice the significance of monitoring the financial return on investment in training. This research examines the Return on Investment (ROI) of employee training and development in a manufacturing firm with emphasis on how formal learning programs result in quantifiable business returns such as productivity improvement, fewer errors, and improved retention. Through qualitative and quantitative factor study, the research seeks to determine the irrefutable connection between training activities and organizational growth.

Keywords :
Employee Development, Training Programs, ROI, Human Capital Development, Manufacturing Sector, Performance Measurements, Productivity, Competency Building, Strategic HRM, Learning & Development

Publication Details:

Unique Identification Number : IJTSRD78633

Published In : Volume-9 | Issue-2, April 2025

Page Number(s) : 1047-1048

Publisher Name : IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470

Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

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