Should businesses invest on Human Resource and how?

Human intellect is the sole reason for industries to be standing where they are standing right now. The fundamental source of every process from a business perspective starts and ends with people which makes the human resource the most important out of all the resources available to a business. One of the most debatable situations of all time is how the human resource sector is overcome by the technology sector, but what people fail to realize is that technology will never exceed a man’s capability because even the smartest machine is a man-made creation after all.

The reason why human resource can be considered significant to a business is because it can be positively linked to the productivity of the business if managed properly, which is why training is absolutely essential. So when the main question arises about whether businesses should invest in human resource, then the answer would lie somewhere between objective, training, and productivity. The advantages of human resource management can lead to a unified objective among the entire force of workers, they will no longer be working for a different set of goals which will automatically contribute towards the increase in productivity.

The reason why human resource can be considered significant to a business is because it can be positively linked to the productivity of the business if managed properly, which is why training is absolutely essential. So when the main question arises about whether businesses should invest in human resource, then the answer would lie somewhere between objective, training, and productivity. The advantages of human resource management can lead to a unified objective among the entire force of workers, they will no longer be working for a different set of goals which will automatically contribute towards the increase in productivity.
However, where investments are concerned, a big chunk of money is spent on workers, varying according to their skill set and designations. Taking IT businesses as our main example, programmers and graphic designers work in a dynamic environment where the word ‘outdated’ doesn’t cease to exist. These people, and the industry on the whole is expected to move forward at lightning speed, always keeping in mind the fast changing technologies of this era. In order to adhere to these expectations from the market, the businesses feel the necessity to train and up skill their workers.

Training can revolve around various aspects such as practical application or simple textbook knowledge. It depends on the need of the business and what they expect out of the workers that they will possibly train. Most people end up working for a company that offers some type of training which eventually leads to the development of their personal skills as well as builds their character. Training could either be on or off the job, it really depends on what kind of business it is. Flexibility can be attained through the different ways of providing training such as in-office classes, conferences, workshops, as well as online learning platforms. Online training courses can include practice exercises as well practical applications. If the firm decides to up skill their Android developers towards iOS development, all they have to do is register them for a course which may or may not be taken within office timings. It all depends on the schedule the business designs for its workers that decides their training and working hours, or both side by side. Some online learning platforms include CodeSchool, Create-eLearning, Zeolearn, etc.

Considering the argument mentioned above, weighing the benefits can provide a clear answer for why businesses should invest in human resource in the form of training.

1. Attracting Better Workers
Offering a substantial amount of training can attract workers that actually want to learn and expand in that particular field which can really benefit the profit of the business as well as influence other workers.
2. Lower Risks
If you provide training for workers in departments such as health and safety and sexual harassment, it could make them feel more secure. The business will go through less problems and the workers are more likely to perform better in a safe secure environment.
3. Satisfaction
Increased motivation and productivity are a direct impact of training, which causes a sense of satisfaction among workers, and generally makes them more happy and focused towards their tasks.
4. Positive Image
Businesses that offer training attract a better influx of skilled workers. This increases the credibility of the business giving it an overall positive image.
5. Personal Growth
The business is not the only one that will gain from the training investments. The employees get a chance to build their character, meet new people, and develop new skills. In short, there get a good chance of personal growth.
6. New Technologies
The dynamism of this field exposes us to new kinds of technologies every day. We are automatically expected to know exactly how to use them, thus, through training the employees increase their tech knowledge to a greater extent.

Even though the business might incur a substantial amount of business costs, the benefits of training as an investment directed towards the human resource will be definitely worth it in the long run.