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FOUR BENEFITS OF TRAINING YOUR EMPLOYEES
By Cindy Diehl Yang, MA, VP, VGM Education
“The only thing worse than training your employees and having them leave is not training them and having them stay,” – Henry Ford, Founder, Ford Motor Company.
There is often a fear of investing in our employees since employee turnover is a real challenge for organizations. Compared to just 10 years ago, the average tenure of employees has decreased across all groups to approximately four years. However, if you were given the choice between two different doctors— one was trained, the other not—which one would you for the untrained doctor? You still wouldn’t select that doctor.
Realistically, most companies don’t hire unqualified employees, but many of them have employees that could benefit from learning new skills. There are two main reasons that companies give for not investing in training for their teams:
Employees are too busy to learn something new.
There isn’t enough money to pay for training.
It’s vital for companies to train their employees.
To fully understand the benefits of training, let’s highlight four benefits an organization receives from training employees. [ Investing in your employees’ development is an investment in your company. ]
1. Improved employee performance
Employees who feel they are not achieving in their position are unhappy and have a performance quality lower than those who have had the opportunity to link their learning and performance.
This is a simple yet powerful way to grow your team members so that they are more efficient with more work getting completed and less lost time and money due to mistakes. Mistakes and inefficiencies can cause your business to lose customers. Investing in your employees’ choose? And what if there wasn’t any upfront cost
development is an investment in your company. [ Providing impactful training increases a feeling of value among your employees. ]
2. Increased employee retention
It is common knowledge that hiring and onboarding new employees is costly and timeconsuming. Research shows that “training and development motivates employees to remain loyal to the organization and create a cohesive workforce.” 1 Providing impactful training to your employees shows them you are committed to empowering them with resources to help them do the best job they can, which increases a feeling of value among your employees. [ By working with employees to develop a training plan, managers can help employees feel appreciated. ]
By Cindy Diehl Yang, MA, VP, VGM Education
Increased employee engagement
Engaged employees show increased levels needs. Prior to joining VGM, she served as a Center Director at University of Northern Iowa, of Chicago, and as Executive Vice President
of productivity. By working with employees to develop a training plan, managers can help employees feel appreciated because their talents and efforts are appreciated and considered for career development. Since development opportunities are a motivator for most employees, aligning employee development goals with training opportunities is most effective. Through training, you are engaging your employees and that has a positive impact on an organization’s competitiveness. [ In order to build a leadership team to move your organization into a new era, recruit leaders from within. ]
Development of leaders
“Expose people early and often to the training they will need to become successful leaders,” says Andi Gray. 2 In order to build a leadership team to move your organization into a new era, one of the biggest opportunities the organization has is to recruit leaders from within. Providing employees with leadership and management training allows future leaders to understand the impact of their work on an organization’s success.
With these benefits, it’s essential to develop an employee training strategy. VGM Education has the tools and resources to navigate the training process for your organization. Between securing CEUs, monitoring and reporting progress, and finding content that not only teaches your staff but engages them, VGM Education ensures that your employees receive the training they need in one simple system. Contact us at vgmeducation@vgm.com to find out
ABOUT THE AUTHOR
Cindy Diehl Yang, MA, VP, VGM Education
Cindy Diehl Yang is the Vice President of VGM Education, one of the most diverse and comprehensive learning systems in the home medical equipment and senior care industries. At VGM Education, Cindy develops successful business partnerships externally and internally where her focus is on constantly building and deepening these relationships to meet employee or customer performance Executive Director with the Executives’ Club how to get started.
at the Associated Colleges of Illinois where she was the Chief Operating Officer of ACI’s Center for Success in High-Need Schools. You can connect with Cindy via email at cindy.diehlyang@vgm.com or follow her on LinkedIn.
References
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2. Cloutier, O. et. al, The importance of developing strategies for employee retention. Journal of Leadership, Accountability and Ethics. 2015; Vol. 12(2): 119-129.
Gray, A. Making leadership talent for the future. Fairfield County Business Journal. 2014; 49 (18) 13.