Employee Training and Development: Why is it Important?

According to Effectory, employee engagement is 27% higher among those who feel their training is adequate than among those who feel undertrained. This is critical considering that strong interaction enhances employee retention by 38% and employee performance by 26%. Furthermore, a study by Gallup found that firms devoted to employee engagement see higher sales and doubling profits compared to those who are not. So what are the points that you need to look out for when trying to effectively train and develop employees?

Why Employee Training & Development Is Important?

Training Your Employees for Advanced Roles and Responsibilities

Employees can become ready for more responsibility through training and development opportunities, whether they are moving into new positions or cross-training to comprehend several roles. Programs for training and development can introduce employees to business leadership skills and knowledge they will need in the future as well as mold the talents they need in their current roles. Training allows employees to get a grasp of what is required of them and to adapt seamlessly should the opportunity arise and therefore mitigating the risk of the role and its responsibilities feeling overwhelming.

Factoring in the Findings of Performance Reviews

Employees can improve their skills and correct any weaknesses found in their performance evaluations with the use of appropriate strategic training and development programs. Performance evaluations frequently indicate information or competencies that an individual should concentrate on learning or developing, and training and development initiatives can assist the employee in meeting that requirement. And for employees, personalized training programs created in relation to performance reviews provide a base and a framework for their improvement and suggest to them that the organization truly cares about their growth, driving a sense of belonging and improvement in morale which can contribute to low employee turnover.

Bolstering Employee Perception of Company Culture

Organizations should demonstrate their commitment to tackling challenges such as diversity and inclusion in the workplace and how their employees can support those values by implementing training and development programs that address these needs. Employee learning and development programs should inculcate at their core, the organization’s values and beliefs and highlight how these training and development initiatives advance those values. Such strategic training programs contribute greatly to removing any implied barriers or biases within the organization as discussed in more detail in our previous blog post titled ‘Diversity and Human Resource Management in the Workplace’. Simply put, when your employees know that they have an equal opportunity and a chance to progress further and they know that the organization is committed to doing so with continuous learning and development, it fosters a great work culture.

Better Trained, Better Results

Of course, as discussed before, training helps to improve employee performance, build the next set of leaders, and create a positive culture. But that doesn't mean that it doesn’t contribute to the organization in other ways. Some such ways include:

• attracting the best talent - when your employees feel good about where they work, they speak loud and proudly about your organization with their colleagues. This in return brings you the best talent in the market.
• creating happier customers - a well-trained workforce can adapt to any condition or any situation and as a company what better position to put yourself in than having a competent workforce that can find solutions to problems provided? Trust us, your customers will love you for it!
• improving the brand name - when your employees and customers are happy, your brand benefits. Training can be one of the unsung heroes in the next brand campaign.

Hence, when designing learning and development programs, it is vital that organizations understand that apart from the short-term benefits, training presents long-term opportunities as well. With the modern-day workforce landscape changing all the time with newer technologies, concepts, and ideologies, a well-thought-out training and development program will help you keep ahead of the curve while delivering optimum results.

With OrangeHRM, training your employees will be a walk in the park. With the ability to create online and offline training programs, train individuals or groups, track the progress of your training, set reminders, and issue completion certificates, you can make sure that your training is on top of the competition. And to add to that, with the means to track the employee participation/engagement in your training, and the ability to collect employee feedback on how effective the training was, OrangeHRM provides a well-rounded Training module that you can use to drive your employees to success. 

Take the next step to seamlessly execute your training. Find out about the OrangeHRM Training (LMS) Module and other powerful HR solutions by booking your FREE demo here.