We’ve probably all seen the endless reports about employee disengagement, unemployment rates, and the seemingly unrectifiable skills gap. Maybe you yourself are feeling disengaged or seeing too much turnover and having problems with finding supposedly qualified individuals to fill open positions. If your company has been making excuses for too long and essentially punishing its profits, as well as its workers, it’s time for change. Realizing the importance of educating and training employees and then actually implementing effective programs is the only way to long term company success.
So why does your company need training? What are its true benefits?
Improved Performance
Employee education and training is designed to give your people the proficiency and tools they need to learn new skills and refresh old ones. It’s key in every industry to stay on top of new trends, timesaving technologies, and how to stay competitive. Providing training will make sure the entire team is fully competent and can help you set clear expectations with regards to new goals. Whether the company’s output is struggling or already doing a stellar job, training will only help to increase its performance further and deliver a great return on investment.
Higher Engagement
It’s no secret that unhappy, disengaged, and uninspired employees can eventually become less productive. Ensuring employee happiness with appropriate benefits and perks is only one part of the formula. Keeping them truly engaged by cultivating their specific skills further, as well as, providing education in the areas where they aim to improve, will increase their interest in their work and new projects.
Higher Retention Rates
Re-engaging employees through training and further education will improve their overall job performance and satisfaction. They’ll be less likely to let their eyes wander for other career opportunities since they’ve increased their skill level and hopefully intend to conquer new challenges. Investing in your company’s employees helps to show them their value, potential expertise, and the company’s focus on maintaining a long-term relationship with them. Having higher retention rates will decrease the huge costs often involved in employee turnover. Making the small additional effort to train your current employees will save your company the headache of later trying to replace them.
Cohesive Onboarding
If your company has been expanding and adding to its staff then you’re probably already familiar with the difficult task of getting new members up to speed. If not done properly, you may later experience many unforeseen problems and confusion. Thinking ahead and providing onboarding training to your newest employees will help eliminate future turbulence due to unclear expectations and potentially unfamiliar methods. It will also convey the company’s desire to engage with and improve upon the skills new workers bring to the table.
Elimination of the Skills Gap
Some companies are having trouble finding the right people to fill open positions. Closing the skills gap is something that your company can do with training. Whether there’s a current employee who has shown incredible potential and just needs some more knowledge to transition into the open position, or a prospective hire that’s promising if it wasn’t for their minor lack in a certain area, why shouldn’t you just train them? It’s unrealistic to believe that if you’ve already been waiting for months, that if you just wait a little bit longer, the perfect, ideal, absolutely spectacular candidate will come along. That’s not to say you should lower your standards, but accepting that you will most likely have to teach anyone coming into the role a thing or two, why should you contribute to the growth of the skills gap if you could just rectify the situation and start training?
Reduction of Skill Fade
Do you remember everything you’ve ever learned? Of course not. Even the most dedicated and skilled employees will eventually start losing grasp of things they learned decades, years, months, weeks, or even days before. Having regular training sessions or better yet - ongoing training - will help reduce the previously inescapable skill fade-out phenomenon. Reinforcing previously learned material will ensure employees are always current with their knowledge and continue to increase their performance.
What is your company’s biggest excuse for not training their employees
Does your company need sales or digital media training?
At Digital Media Training we provide a variety training programs to help companies increase their competitive sales advantage, as well as, learn about the digital media landscape. Our live training sessions, mobile reinforcement, and learning libraries can be used to help your company boost sales, get familiar with the digital space, or even prepare sellers for the IAB Digital Media Sales Certification exam.
