Training is One Expense You Cannot Afford to Do Without

by Nancy Owen, PHR

Are you training your employees?training2

Sometimes companies assume that, because they have hired someone with the required experience and skill set, their new employee will not need any training. Instead, they assume that a new employee with good qualifications will simply hit the ground running and never look back. But this is not necessarily the case.

Training is a vital tool in the success of any organization. For most companies, their employees are their greatest asset. You can ensure your employees are successful by providing the most up-to-date training and know-how available.

training5Some organizations just feel they cannot afford training. But training has been proven over and over again to be a good return on investment. It should be budgeted for, just like any other company expense.

Even when organizations have a solid training plan, leadership training seems to be one area that falls short. It is one thing to be sure your employees are trained, it is another to make sure the employees that are managing your employees are trained on how to do so. Training in essential areas for your leaders will reduce the risks for the company. Employment harassment and discrimination claims will be reduced when a company makes its leaders aware of the laws governing the workplace and the potential risks of allowing violations of those laws. Training should include an overview of Title VII, the prevention of sexual harassment, the importance of diversity, administering FMLA, handling an ADA disability and accommodation request, and reasonable suspicion, just to name a few.

Let’s take a deeper look:

New Hire /Knowledge : Knowledge training should start on the very first day. It is essential to align your employees with your company’s culture, which has its own set of procedures utrainingnique to your organization. In addition, you must provide the information they need to do their particular jobs.

Retention: If you have ever conducted a survey or if your company processes exit interviews, you will see that one of the top reasons people leave organizations is because they have no career ladder, no development plan. Training your employees means you are investing in them and in turn they will invest in you by staying with your company.

Cutting edge tools and technology: Keeping up-to-date with the tools necessary to do the job is extremely important if you want to enable your employees to do their best work. Making sure that your employees have the most current, affordable technology will not only enable them to do their jobs better but it ensures that your company will be out in front of your competition.

Production efficiency: Training and retraining is really one of the highest returns on investment your leaders or trainers can make. If your training includes process and quality efficiency, and if your employees improve just one or two percent, then you could be gaining hundreds of more production hours for taking the time to teach your employees an efficient process. It is just as important to retrain as changes occur; such as environmental, competition and technology-driven changes.

training7Safety Savvy: Training on equipment and safe working methods will result in less work injuries. This creates a safe work environment for your employees and protects the organization against claims. That will result in monetary savings and greater job satisfaction.

Increase Morale: When employees are happy with the company they work for, when they know and understand what they need to do and have been given the tools needed to do it, they are more productive and are more likely to have positive attitudes. This increases morale and contributes to your good reputation as a great employer.

Now that you understand the value of training and the impact it has on your organization, what are you waiting for?  Get Training!

If you have questions about training, or would like help training your supervisors, send us an email at hrhelpline@eastcoastrm.com.

Disclaimer: The information provided on this web site is for informational purposes only and not for the purpose of providing legal advice. Use of and access to this Web site do not create an attorney-client relationship between East Coast Risk Management or our employment law attorney and the user or browser.

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