The benefit of regular training programmes to companies
Training programmes are essential for employee well-being and growth within the company. Once an employee joins the company, to the point where they are onboarded completely, companies invest in their training and orientation. Often, this is the final training programme an employee attends and they are thereafter left to learn on the job and settled in their domain of expertise. This approach makes the employee redundant after a point and stagnates their professional growth with the company. This is one of the reasons why many employees quit and move to new companies in search of fresh opportunities.
Thus, the company is left to fill the space and once again incur the onboarding costs of a recruit. The cost of recruiting new resource persons far outweighs the cost of training the existing workforce. Training and development are not an expense but an investment in the company’s most important resource – its people.
Who benefits more from the training?
Opportunities to learn and grow in one’s field are important factors behind an employee choosing to work for a company. Successful organisations invest in their employees. Studies have shown that companies that offer regular training programmes have greater profits and higher employee retention over the long term. As the markets evolve and the business landscape changes, it is important that the employee skills are upgraded to meet the market standards. Employee training is not only for the current workforce, but also to create a future-ready talent pool. Hence, the business, employees, and the industry benefits from regular skill training programmes.
Top Benefits of Employee Training Programmes
Training programmes benefit the company and business alike in various ways.
- The company has a higher capacity, and it is better placed to adopt new technologies and methodologies. For this, the employees must be regularly upskilled with focused training programmes.
- The company and employees alike are capable of coping with the changing business landscape they lead the cycle of innovation.
- It shows the employees that the business is also invested in them and is concerned with ensuring the professional well-being and career growth of the employee.
- Businesses can attract high-calibre talent who are looking for roles that are not only job centric but presents them with a clear career progression graph.
- It helps with maintaining the skill and knowledge pool of the company and creating a legacy that can be passed on to the new employees.
- Employees have scope for promotion and growth within the company hierarchy which is a big incentive for them.
Avenues for employee training
The most common avenue for employee training programmes is instructor-led classroom training programmes. Many industry professionals act as consultants, who are specialists in their field. They know the latest trends in the field and have landmark achievements in their area of expertise. Today, many freelance professionals design unique training programme content.
Many professionals have created special training modules that they upload on ZoopUp.com which are focused programmes where they teach transferrable skills. HR representatives can view the promo of a trainer’s programme and then engage them for virtual or physical training programmes for their employees.
Check out the Zoop Skill Training programmes and avail of exciting offers for signing up for our training programmes.
