Updated: Dec 22, 2021
Does your training end with your Employee Induction Program? Then its time you woke up!
As the world progresses, it has become imperative that as businesses, we progress with it. Change is the only constant and by welcoming this change, companies should take that step towards understanding what Training represents. Theoretically, training means expanding the knowledge and skill base of individuals. But it is the volume beneath the surface that a business should be aware of. Many employers find training and development expensive? Is it? Then look again. Rightly said by Mr. Henry Ford, Founder – The Ford Motor Company. “The only thing worse than training your employees and having them leave is not training them and having them stay”.
Many employees have certain weaknesses which creates barriers and deprives them from performing well at workplace. Training assists in eliminating these weaknesses, by strengthening employee skills and dissolving inner barriers. A well-organized training & development program provides equivalent skills and expertise, required to perform their tasks better. Putting all employees into regular training sessions ensures that all staff members have exposure to the current trends and updated information.
It’s time to take a good look at the many benefits of regular employee development trainings, which in the long run proves beneficial for the organisation. These measurable benefits will aid you in taking a better decision.
Improved Employee Performance
Unleashed Employee Potential
Ownership and Responsibility
Reduction of Errors
Improved Employee Performance Employees who receive necessary trainings are able to perform their job in an efficient manner. Training also helps build employee confidence as post-training they develop stronger understanding of the industry and the responsibilities of their job. This confidence may push them to perform even better and think of new ideas which will help them gain a competitive edge over others. Training also keeps your employees on the cutting edge of industry developments. Employees who are competent help the company prosper.
Reduced Dependency Training empowers employees to address tasks independently. This help reduce any weak links within the company and empower those employees who rely heavily on others to complete their basic tasks themselves. Trained employees are well acquainted with the job and hence need less of supervision. They become self-motivated and develop a strong sense of responsibility towards their jobs.
Reduction of Errors Most of the errors occur because many employees lack the desired knowledge and precise skills required for doing a particular job in a particular environment. Continuous training and development ensures that employees get exposed to the right skills at the right time. The more trained an employee is, the less are the chances of committing errors on the job.
Unleash Employee Potential Most of the companies overlook the hidden talent of their employees. Training and Development provides a platform for employees to share their ideas with the management. Employees get a chance to prove their ability or further develop these hidden skills. Training and skill development programmes, enable organizations to come across likes, dislikes and areas of interests of employees. Allowing employees to attend these programs helps to spot the performers of tomorrow within a current work force, and take decisions accordingly.
Ownership and Responsibility No business can afford to have inefficient employees or employees who are more of a liability than assets. This happens partly because many of these employees have not been exposed to job expectations or else not been trained to accept ownership or full responsibility for themselves or their actions.
With the current business environment being so dynamic, productivity is mandatory, whether be it man or machine. Every employee is a cost hence, once appointed with a company, have to take full ownership and responsibility for themselves and their actions. Every single employee must meet their targets in order for the business to achieve theirs. Giving them the right kind of training to increase their process efficiency will help ensuring they perform as per the set expectations.
Job Satisfaction Employees with access to training and development programs have the advantage over employees who are left to seek out training opportunities on their own. The investment in training that a company makes, shows employees that they are valued. Employees feel appreciated and satisfied with their job and their job environment which reduces attrition rates.
Well then, what are we waiting for? Reap the rewards of providing training for your employees. Just remember, well-trained employees are an asset to your organization and contributes towards achieving increased productivity and profitability for your organization.
There are no two ways about it.