Page 46 - Banking Finance February 2022

ARTICLE

EMPLOYEE TRAINING

IN BANKING

INDUSTRY: AN

ESSENTIAL TOOL FOR

ORGANIZATIONAL

GROWTH

H uman being is one of the best creations of and knowledge developed in student life and that of

Nature in the whole universe, who is being
professional or practical life. Training of the employees is
crucial for the organizations to ensure their smooth
nurtured by the continuous learning, education
and training. Without training and education,
no difference will be there in human beings and rest of the understanding of work, skill development, and preparedness
to perform efficiently.
creatures on the earth. As change is the law of nature, and
world is changing with every passing moments, new Almost all of the organizations including banks conducting
scenarios, new developments like technologies, software Induction programs for new employees to inculcate the
etc. by the time, and hence our needs and demands culture of the organization. Training is not only essential
accordingly are being germinated every day for making life for the new employees of an organization but also for the
of human beings easier and comfortable. in-service or existing workforce. It is significantly crucial at
the start of the new project so that all team members are
In the present and competitive scenario, training of well-prepared to deal with all the challenges and ensure the
employees is one of the most important means for success of the project. It is essential to help the employees
developing organizations especially for Banking to achieve perfection in their work by the way of new
Organizations by the way of learning and skill developments researches and technology.
in their professional life. Although a person is well educated
and qualified while enters as an employee of any Organizations frequently face the need to training of their
organization, however there is a sharp difference in learning employees when they find some skills or qualities lacking in
their team, or they need to make orientations of their work
About the author force towards new dimensions for developmental changes.
It may not be in the form of some specific skills but the
Mohit Mishra overall attitude or work performance of the employee or
Faculty, RBMD (Chief Manager) teams, which make the management, seek training for
Union Bank of India
Staff Training Centre, Lucknow. them. Basic motive of Employee's training includes Better
Productivity, Positivity, Better Communication, Risk
46 | 2022 | FEBRUARY | BANKING FINANCE