Explain why businesses invest in the training and development of employees.
- (a)Explain why businesses invest in the training and development of employees.[5]
Mark scheme
Marking points from the official mark scheme (Oct/Nov 2021). The mark or mark type is shown in brackets.
- T&D is seen as an important investment in the support and maintenance of employee skills and abilities
- specific T&D may be identified – e.g. induction training/new skills training/re-deployment
- can lead to higher productivity and increased motivation
- can lead to employee loyalty and lower labour turnover
- can lead to employer becoming the employer of choice
- can mean lower recruitment and selection costs
- can lead to higher customer service – a USP – competitive advantage
- more important in some businesses than others
- Accept any other valid response.
Write your answer and get it marked
On Oracle Prep you can write or photograph your own answer and have it marked by AI against this mark scheme, with feedback on what you missed.
Sign up free →