Commercial Studies [3 marks Question-Answer]

Training is useful to employees in the following ways:
(i) Self-confidence. Training helps to improve the self-confidence of an employee. It enables him to approach and perform his job with enthusiasm.
(ii) Higher earning. Trained employees can perform better and thereby earn more.
(iii) Safety. Training helps an employee to use various safety devices. He can handle the machines safely and becomes less prone to accidents.
(iv) Adaptability. Training enables an employee to adapt to changes in work procedures and methods.
(v) Promotion. Through training, employee can develop himself and earn quick promotions.

Both internal and external sources of recruitment have their own merits and demerits. While choosing the right source of recruitment, the following factors should be considered (any five):
(i) Number of persons to be recruited.
(ii) Type of staff to be recruited and the nature of the job to be filled in
(iii) Time available for recruitment.
(iv) Cost to be incurred on recruitment.
(v) The attitudes of present staff concerning different sources of recruitment.
(vi) Management's policy concerning recruitment.

Labour contractors maintain close contacts with labourers and they can provide the required number of workers at short notice. In some cases employees themselves serve as contractors for the supply of workers. Labour contractors constitute an important source of recruitment in many industries in India. They are known by different names such as Sardar, Mukaddam, Thekedar, etc. The disadvantage of this system is that if the contractor decides to leave the enterprise, all the workers recruited through him also leave the organisation. The popularity of this system of recruitment is declining in India.