A Conceptual Analysis of Training and Development Programs: Its Benefits for Employees and Organizations

Abstract

This paper conceptually evaluates and analyzes secondary data about the benefits associated with training and development programs conducted for employees by their organizations. Firstly, the elements and structure of training and development programs are investigated, and the benefits of these programs are presented. For most of the organizations, success or failure highly depends on their employees; therefore, employees are the esteemed assets of organizations, whether the organizations are large or small. In the digital era, new training and development programs have been introduced, which can effectively turn a normal employee into a more professional and skilful. It is of high importance for the organizations to consider T&D programs as it helps both employees and employers in many aspects, and thus the organizations can survive and gain a competitive advantage in the market.