Each project, especially those for companies, needs a clear hierarchy of importance of the task; This is easy in concept and difficult in its application.
Personally, I can attest to the fact that prioritizing complex projects is much easier said than done, especially when it comes to managing employees. As I do my best to hire top-level candidates, I can forget that, although I hired the right person for the job, he or she still needs a significant amount of training and training to succeed.
After years of hiring employees, I learned a golden rule …
When it comes to prioritization, each hiring manager should move employee training to the top of the importance list. Employee training improves productivity, increases retention and increases job satisfaction rates.
1) Improve employee morale
When employees are satisfied, they are less likely to look for different opportunities, both inside and outside your company. Ideally, all your employees will want to move forward, but there is only a lot of room to climb the ladder.
To keep employees satisfied and contribute to their current roles, you must help develop their professional skills and help them achieve their goals through employee training.
When you invest in employees, they are more likely to have a positive attitude. Employees who receive training also show higher levels of commitment than employees who do not receive training.
Education helps workers feel excited about what they are learning and inspires them to apply their knowledge to their work; This offers a mutual benefit for both the company and the feelings of utility and success of the employees.
2) Face the weaknesses
My childhood math teacher always said “not yet” when I was wrong. Even when the students were completely diverted, he never told them they were “lost” or “wrong.”
For some reason, this teacher’s methodology has stayed with me for many years. He understood that telling people that they don’t understand or are wrong limits their potential for overall success.
Similarly, when you tell employees that they are wrong or point out their weaknesses, they can close. The training provides a way to work in business and individual weaknesses without making anyone feel victim or less. In short, the right programs will allow employees to overcome weaknesses and setbacks with confidence.
3) Support the final result
Investing in your employees is a solid ethical practice, and is also useful for your results. The best hiring managers know that a key retention tool is a comprehensive training program. Well designed programs reduce rotation.
To see the numbers, when a company replaces a salaried employee, it takes six to nine months of his salary to find a replacement. For an employee who earns $ 40,000 a year, replacing them will cost about $ 25,000.
In comparison, an employee training program generally costs about $ 1,250 per employee per year. Although this cost adds up, it is tiny compared to the costs of recruiting, hiring and replacing training. Personnel turnover is natural and cannot be avoided completely, but financial risks can be mitigated with appropriate training programs.
For a real example of this, consider Motorola.
The telecommunications group was not only able to avoid the financial strain of staff turnover with the help of an employee training program, but also experienced improved productivity, which ultimately supported its end result. In three years, Motorola discovered that every dollar they spent on training resulted in a 30 percent increase in productivity.
4) Keep up with technology
Technology as a great effect on business operations. Regardless of the number of years your company has existed, technology can always help you improve your results and increase your income.
Although it seems like an exaggeration, its technology and the infrastructure around it can greatly influence the success of your company in general. Technology determines everything from how you communicate internally to how effectively you can execute projects.
No matter how talented your employees are, they will need to learn new systems and processes. If the training is not part of the culture of your company, training can seem like a distraction from “real work.” Of course, the new knowledge is really critical for the workflow.
If your employees don’t understand a new system, your productivity will slow down, but employees don’t always see things in this light.
If you commonly conduct training, your employees will know what to expect. They will have confidence in the process and consider it a necessary development rather than an inconvenience to their workflow.
Start before it’s too late
When it comes to companies, prioritization is difficult. Still, there are some things we know are true, thanks to overwhelming research.
Investing in your employees through employee training is one of the most important things that companies can do to succeed. Helping train your employees on how to learn and what to learn helps you create your ideal workforce and allows you to overcome barriers.
That said, starting an employee training program is not a simple task …
If you are going to follow this path, you must fully commit the time and resources necessary to obtain an advantageous result. Fortunately, there are many solid examples at the enterprise level that show why employee training should be a priority.