Training and development: A comparative study of indian and multinational pharma companies in Goa

Human Resources are the backbone, the most valuable assets and living part of an organisation that can make things happen. It is often believed that an organisation and its employees have to develop and progress simultaneously for their survival and attainment of mutual goals. Therefore it is necessary that every modern organisation should develop its organisation through human resource development. Employee training is the important sub system of human resource development. Training is often looked upon as an activity that changes people's behaviour, it enables the employees to master the knowledge, skills and behaviours emphasized in the training programmes and apply them to their day to day activities. Training is a process of learning a sequence of programmed behaviour. It attempts to improve their performance on the current job. Development covers those activities which bring about holistic growth of the individual. The present study aims at examining the employee perception towards training and development practices in Indian and Multinational Pharma companies in Goa state. A sample of 265 executives was selected at random from 10 pharma companies by using a structured questionnaire and the study revealed that the employees working in MNC's had a better perception than those working in the Indian Companies.