The importance of employee training

Is employee training really worth the investment?

In a sense, employers play an educational role. They teach us about the world (from work) and provide for our basic needs (via salaries). They provide us with the (work) skills needed to survive. Of course, some “parents” go the extra mile. They want to offer them everything they didn’t have “growing up”. Others feel their team should struggle and figure things out on their own. In industrial space, this latter approach limits training opportunities. So, what is the importance of employee training to your workforce…and your bottom line? Here are 7 reasons why new employee training software is a wise investment.

1. Personalized Training Resources

The typical manager or supervisor may be afraid if they train employees, they will leave for a better job. And it’s a valid concern, so why bother? Because a job is not a prison. If someone wants to leave, they will, whether you give them the means or not. So instead of keeping them undersized, make them more employable. Do it in a way that benefits your business, but also clearly adds value to interns. Personalized employee training gives them the opportunity to identify and address gaps themselves. Making them more likely to stay with your organization as there is always an opportunity for growth.

2. Improved branding

If they feel seen and valued, they are less likely to send their resume. Design personalized training programs for every employee. The path should deliver skills that make them better at their jobs, and thus benefit the company. After all, untrained staff endangers brand quality. But choose a path that also appeals to their personal goals. Use assessments, self-assessments, and open communication to find the courses where these two needs (yours and theirs) intersect. As an aside, you are also known as the company that values ​​its employees and provides them with training opportunities. That makes you more attractive to top talent who might want to work for your organization.

3. Workout Anytime, Anywhere

Most of us train on the job, and that’s not always explicit. Just by doing your job every day, you get better at it. Practice makes perfect, and repeated exposure increases knowledge retention. In some workplaces, unfortunately, it’s the only form of “training” you’ll ever get. Everything you learn, you have to teach yourself. Or maybe you can learn by looking at the people around you. Which can lead to costly accidents that diminish confidence and put everyone at risk. That said, on-the-job training doesn’t have to be limited to the office. Employee training software, anytime, anywhere development. It also minimizes risk as your team can gain experience in the LMS rather than the sales floor.

4. Better Office Performance

Sometimes an out-of-office training is more effective. When you specifically set aside time to improve your work skills, you focus more. You are not distracted by endlessly tapping keyboards, beeping copiers or annoying colleagues. By offering a mobile training app, your employees can follow their training in their own (quiet) space and time. It leaves office hours for office work. It’s also a motivator of sorts as they come to the office armed and prepared to test their newfound skills.

5. Improved ROI

As I said, leaving your staff untrained will leave them stagnant. So while they’re less likely to find another job, they don’t increase their value to your brand. Bosses must weigh the risk of potentially building other businesses against the fact that they are suppressing their own. Trainees who see their own growth and progress are happier, more productive and less restless. They achieve a good work-life balance so that they are less likely to be tempted to offer vacancies. Employee training software also shortens sitting time and improves knowledge retention, which is a win-win for your bottom line.

6. Improved Profits

Think about it. Do you think they will get that profit elsewhere? If you train them properly, they will generate income for your own business. And their positive attitude is contagious, so the cycle of productivity just keeps going. You will establish an office culture of performance and satisfaction, which immediately improves your ROI. Just make sure you offer the right courses, in the right format. And keep everything online (or blended) to reduce costs of personal seminars and workshops.

7. Time and money saved

This may seem counter-intuitive. Do employees not take time off to train? And does it sometimes cost the company no money? Especially if the company sponsors the training and has to hire a replacement for the duration? Well, both problems can be solved by: online training. It’s more compact and flexible, so your staff doesn’t have to take any time off. Plus, it’s much cheaper than any outside training. More importantly, however, adequate employee training reduces errors, non-compliance and damage, all of which can be extremely costly.

Advice for successful companies and employees

Many bosses worry that training their staff is the same as preparing their employees for poaching. And you can, but only if you take the wrong approach. Instead, train with mutual benefit in mind. Create personalized training regimens that improve the business while nurturing the trainee’s personal goals and individual ambition. Involving mobile components so they can train at a time and place that suits them. Focus on ROI, both at trainee and corporate level. Try to avoid costly mistakes, compliance penalties, and expensive repairs to damaged products/equipment.

It is costly to underestimate the importance of employee training. However, you can find a new LMS that provides support anytime, anywhere and personalizes the process. Use our online address book to see which platforms are best for your profit margin and use case. You can also compare your top picks to determine which one fits your needs and budget.

Download the eBook Employee training for your mobile workforce: how to maximize the benefits and minimize the pitfalls? to exceed your employees’ expectations and achieve your goals.