In today's fast-paced, competitive world, learning and development have become crucial aspects for every organization. A great organization is distinguished from a good one by its human capital and their unique competencies. Organizations that engage in excellent human resource training and development reap both immediate and long-term rewards. Due to organizational, technical, and social dynamics, employees tend to become obsolete, making the need to adapt to constant learning environment and upgrading of skills and knowledge vital. The given research is an attempt to understand different perspectives on how learning and development is important in organization’s today and how it tends to affect performance of an employee in a positive or a negative way. This research is divided into two parts; First part provides an overview and perspective of the Employees towards how Learning and Development helps in employee productivity. The number of participants was 107; method used was snowball sampling and instrument used was a structured questionnaire. Employees who were working in an organization for the duration of one year or more were taken into consideration. The second part consist the views of 8 Human resources professionals who have been engaged with the same organization for a minimum duration of two years. Their responses were taken into account with the help of semi-structured interviews which were further analysed using the method of content analysis. Furthermore, a comparison was drawn between the views of the employees and the HR professionals to bring out the contrasts and similarities of the opinions on this phenomenon.