Training Employees To Retain Them
Employee training, whether it takes the shape of big seminars, in-person meetings, live webinars, or pre-recorded online lectures, should be vital to employers as well. Businesses spend lakhs of rupees for training their employees from time to time. That’s because they realize the four main advantages of providing the employees with training.
Employee training can help maintain competitiveness
For a business to succeed, profits must be maintained or increased. As per research,when employees are trained well, the profit margin can riseup to 25%! That’s because when employees receive training, they are more interested to work with the company for a long future. This way businesses can continue to be competitive in luring and securing talent for longer.
Employee training can increase productivity
As stated above, when employees are trained, they are more interested to work with the company for longer. This means they are more productive, thus increasing the productivity of the workplace.
Employee training can lower turnover
There are many reasons why employees change careers, but offering training to the staff is one measure that has a strong correlation with retaining them. Opportunities for professional growth are frequently mentioned by employees as being among the most crucial elements of workplace culture. Organizations
that foster a culture where employees have access to educational opportunities are able to keep them on board for almost twice as long as those that do not.
Employee training can help with professional progression
Many workers place a high priority on their organization’s prospects for professional progression when determining how satisfied they are with their jobs. Almost 80% of Gen-Xers and 90% of millennials indicate that they are interested in training that is future-focused. Giving employees career development training can assist an organization in finding candidates for newly formed roles or positions that fall empty as a result of team member departures, including retirement.
Convinced enough to provide your staff with training sessions? Here are five fundamental and sequential actions that can assist you in starting a training programme.
• Align training with bigger objectives. Think about the key takeaways and learning objectives and how they will help the employees, their departments, and the organization as a whole to achieve their objectives.
• Identify the person or people in charge of each training component. It could be a solo or group endeavour, with potential participation from outside vendor partners.
• Combine individual-focused elective training opportunities with organizational-wide required training. Better corporate communication, customer relations strategies, technological updates about new systems, programmes, or features, as well as diversity, equity, and inclusion policies are suggested themes for such company-wide workshops.
• During training, inquire about the participants’ interests and future plans for their careers. This way you can find out who is interested in the company long-term and wants to help it expand.
• Finally, monitor the performance of your employees throughout training sessions.
Has offering employee training proven to be successful for your business? If not, or if your training hasn’t started yet, you could need to hire a few talented employees for your company. This is where WalkWater Talent Advisors can help. One of the top executive search firms in Bangalore, the WalkWater team brings a unique mix of strengths – intensive client partnering, deep domain
knowledge and global coverage; this coupled with a start-up drive to excel, and a constant focus on values, helps in finding the finest candidates for every possible senior level job position.
Follow us on: Facebook & LinkedIn