“Training is vital to any company. Employee training is essential for an organization’s success.” This was the abstract from a study on Training Importance for Employees of the Successful Performance in the Organization, written in the International Journal of Science and Research. The study goes on to say that by implementing a training and developing program, you can save your company thousands of dollars a year. Not only will the savings pay off for your company, but you can increase the productivity from your employees.
So what is training? Merriam-Webster defines it as, a process by which someone is taught the skills that are needed for an art, profession or job. Businessdictionary.com describes it as, an organized activity aimed at imparting information and/or instructions to improve the recipient’s performance or to help him or her attain a required level of knowledge or skill.
An article in Inc. magazine on Training and Development, it points out, “training and development describes the formal, ongoing efforts that are made within organizations to improve the performance and self-fulfillment of their employees through a variety of educational methods and programs.” It goes on to say, “more and more companies of all sizes have embraced continual learning and other aspects of training and development as a means of promoting employee growth and acquiring a highly skilled workforce. In fact, the quality of employees and the continual improvement of their skills and productivity through training are now widely recognized as vital factors in ensuring the long-term success and profitability of small businesses."
Referring to our study of discussion, training is given in 4 basic grounds:
- New hires joining the company
- Existing employees to refresh and enhance their knowledge
- For updates, changes and amendments to technology, equipment, production, work flow, strategies and systems
- Personal and professional growth for promotion
The bottom line, as noted in the study, training and developing your employees is an absolute must for both the organization and the employee. It’s a win-win strategy. One that should not be viewed as an expense on the balance sheet, yet an investment!
It starts with the new hire and continues to all employees with the organization.