Development

Meaning & Definition

Development involves ongoing advancement through improved job-related skills and knowledge of both the employee and the organisation. This means not only providing an employee with complete education or learning, but also providing an employee with longer-term opportunities for continuous learning, such as through coaching, job rotation, and continuing growth of their career within the organization.

Important aspects of Development

• Developing the skills of employees in anticipation of upcoming roles. 
• Higher levels of productivity, performance, and confidence through development. 
• Support for creating a pathway for an employee’s career within their organization through internal mobility. 
• Increased employee engagement and retention.
• Organizations will assess and fulfill future skill-set needs for the respective company.

Legal & Regulatory Considerations

Direct employee development laws do not exist in India. Still, some development initiatives can be aligned with your company’s learning and development (L&D) policies, programs for skills improvement, and any government-funded skill development programs that apply.