(i) Benefits to the Organisation:
- It improves the skill of employees and increase the productivity.
- It reduces wastages of materials and idle time.
- It minimizes the time for supervision.
- It reduces the frequent accidents at workplace and consequent payment of compensation.
(ii) Benefits to the Employees:
- It increases the knowledge, skill of the employees.
- It enables him to gain promotion in shorter time.
- It improves the employees productivity.
- Employees get higher earnings through incentives and rewards.
(iii) Benefits of Customer:
- Customers get better quality of product and service.
- Customers get innovative products or value added or feature rich products.
