7 Reasons Why Employee Training Is Essential

7 Reasons Why Employee Training Is Essential

Table of Contents

Why is it essential to provide training to your employees? Remember, the functional excellence of an organization depends on the efficiency and expertise of its employees. For that matter, substantial investment in employee training and development not only fosters the pathway for personal learning but also serves as a valuable asset in the longer term for the company.

In addition, the acquisition of new skills and familiarity with advanced technology upgrades employee performance. Also, it improves the quality of customer services, leading to a positive overall impact.

With that in mind, CellBotics Enterprise helps business owners by providing and developing a whole-company solution for knowledge retention and growth support platform through the deployment of a White Label Learning Management System Software with tech support and content development included. This experience is completely tailored for your company and ensures a custom product that will stand to the standards your brand operates to across all positions, from office managers to plant employees to secretaries to technicians. Provides excellent aid in employee training. This platform will hold the knowledge key to the best practices of the company.

It is a proven phenomenon that the world’s leading businesses abundantly invest in employee training. Association for Talent Development (ATD), comprehensively reports a 24% increment in profits of companies outlying in employee training compared to ones bypassing this stage. Moreover, the benefits outflow to a 218% higher income per employee as well, ending as a positive-sum game for all, as found in a study led by Dr. Laurie Bassi and posted on BusinessTrainingExperts.com [1].

Improved Employee Performance

In the age of digitalization, one of the most significant benefits is having smart and sufficiently provisioned employees who are equipped to dive into versatile endeavors. When garnered with valuable knowledge and advanced technological training, they can boost their performance with minimal effort while outshining their potential competitors.

With online employee training through the use of a Learning Management System (LMS) in your company, you can set up a gamification. Also, you can provide certifications for your employees in each course they have finished, which also adds to the improvement of their performance.

This will aid them to progress in their current roles and upskill their teams as well, collectively befitting in leadership roles. In terms of personal growth, better training keeps employees up to date with evolving ethics and safety precautions of the industry. With the looming threats of cybersecurity invasions, employees could be cautious in protecting the company’s confidential data. Therefore, employee training is the best asset you can invest in.

Since the pandemic, the world has progressed towards remote and home-based jobs. In these settings or in future unprecedented circumstances, management will have sufficient confidence in their workforce if they are better trained. Seismic’s 2023 Value of Enablement Report revealed that more than 80% of respondents confirm that advanced employee training would enhance their performance in closing more business deals as found by Seismic [2].

Better Productivity

When employees function at their maximum potential with decent skill sets, there is negligible risk of blunders therefore, less time is invested into dealing with inanimate crises, and everyone aims at being more productive. Additionally, having considerable self-confidence instilled with better training aids in knowing one’s market and working towards pushing profit rates higher and higher.

For example, in your cell phone repair company, you saw a technician encounter a unique issue while repairing a phone – perhaps it’s a process issue, a new tool issue, or a new device lack of knowledge. Addressing these gaps in real-time through on-the-job training can lead to a 12% reduction in error rates and a 15% boost in overall service quality.

Your on-the-job training falls into the LMS Learning Management System category. You can assign training as needed and send staff immediately to sit down and take a course while not disrupting any other employees. The employee can also access the courses at home since it is online.

“Having a systematic process and using LMS with the help of CellBotics Enterprise in your company increases the productivity of your employees.”

A study conducted by the National Center on the Educational Quality of the Workforce (EQW), demonstrates proven records of maximized workforce productivity with better educational training. Specifically, a 10% increase in workforce education resulted in an impressive 8.6% gain in productivity, whereas upgrading equipment led to a modest 3.4% increase in productivity, as found by Workforce.Sinclair.Edu [3]. These statistics signify the positive effect of training in soaring productivity.

Employee Training and Retention

It is no secret that attracting highly qualified employees and retaining them for the longer run is proportional to a company’s successful future. To make it possible, apart from providing the necessary motivation, it is essential to help them develop new skills and prioritize their growth by providing employee training.

In addition, when you already have your LMS set up, you can also use the results of their training when it comes to promotions. It’s not just about acquiring knowledge but also about applying it to advance within the organization. Promotions can be based on certain training milestones and a thorough performance review.

Research conducted by the Corporate Leadership Council showed that organizations with a well-defined career progression path for employees are 40% more likely to retain top talent. The promise of promotions based on training achievements is a powerful motivator for career-driven employees.

Also, employers should analyze that employees tend to resign if they feel that no useful employee training has been provided to master their roles. A national survey recruiting over 400 employed individuals indicated that approximately 70% continued their jobs due to mindful employee training and developmental opportunities [4].

On the contrary, a study from Middlesex University unraveled that out of 4,300 workers, 74% sensed that they were not fully equipped for the position and experienced stunted practical development, leading to an unsatisfactory experience [5]. Therefore, it is essential to curate employee training programs that shape one’s creativity and innovation in propelling the company ahead of its competitors.

“The only thing worse than training employees and losing them is not training them and keeping them.” – Zig Ziglar, American author and motivational speaker.”

Enhanced Brand Reputation

Educational training and development is a two-way street and comes with considerable benefits for the company as well. A good employee experience with the use of LMS is the manifestation of a better working environment and the promotion of good values.

In this scenario, a better reputation, ethical responsibility, and achievement of long-term goals help to obtain a better position for the company within the industry. Moreover, When your employees have better training, they are undeniably proficient at maintaining good customer service, earning a positive brand image, and attracting more people to a brand. Concluding that effective employee training is essential in all aspects of a business.

Creativity and Motivation

Companies that prioritize knowledgeable training most effectively nurture the seed of creativity and motivate their employees to bring up innovative ideas to raise the company’s standards. Monumental businesses like Google strongly emphasize employee training and personal growth. Subsequently, the company’s growth is known around the globe.

Furthermore, when employees are made to believe that their presence, vision, and talent are invaluable assets worthy of being nourished with additional employee training, they show more input. Also, are expected to have more self-belief and confidence in their skills.

Aside from training, you can also use your LMS to give rewards tied to the points earned through training. These could be in the form of monthly bonuses or lump sum payouts. For example, one of your technicians receives a $100 bonus based on his accumulated training points. This not only motivates him to train regularly but also improves his overall job satisfaction.

Another example is that you may rank and give prizes to the first 3 people who got the highest score. You may give them rewards like for the 3rd place, the employee will receive a 10% discount in Amazon, for the 2nd place, the employee will receive a $50 gift card, and for the 1st place, the employee will receive a $100 bonus.

A study published by the Harvard Business Review in 2020 found that companies that offer tangible rewards, such as bonuses or gift cards, for training achievements saw a 20% increase in employee motivation. Tangible rewards provide a clear incentive for employees to participate actively in training.

Employee engagement

Work quality is largely influenced by how much an employee feels committed to a task and how willing one is to work toward the company’s longer-term goals. Engagement is rated as the dedication to function at their maximum potential and care about the organization they belong to.

By providing them with employee training and investing in their professional growth, the employer reflects his concern for the employee’s future. This favor may most often be returned by employees working with sincere perseverance. This is proven by a survey from Dale Carnegie, showing that more engaged employees outclass others by 202% [6].

Furthermore, by having an LMS in your company, you can give points or badges for each unit, course, or assignment your employee completed. It is the way to gamify the learning experience within your Learning Management System (LMS).

These points are accumulated over time and act as a tangible representation of their progress. They add an element of competition, motivation, engagement, and achievement to the training process.

For example, imagine an employee is competing with her colleagues to earn the most points. This friendly competition drives her to complete more training vaults and courses, improving her knowledge and skills.

According to a 2021 report by LinkedIn Learning, organizations that incorporate gamification into their training programs experience a 50% increase in engagement. Gamifying learning through the use of points encourages employees to complete more training modules.

Better team performance

Most of the working unit is divided into teams, for a team to succeed it is necessary to overcome inefficiencies within the members, impacting the outcomes. In this setting, personalized programs targeting the shortcomings of specific employees will help them excel personally as well as collectively as a team.

If employers carefully invest in team management skills, communication, and equity it will promote acceptance, cohesiveness, and a trustworthy relationship among the employees, improving their performance as a team. Ensuring that employee training opens the gateway to success.

How can CellBotics Enterprise Help In Employee Training?

We can help you grow your business not just by creating your Learning Management System (LMS) software for your employee training but also by offering the following services.

Consulting Services

CellBotics Enterprise offers consulting services that can help organizations assess their current employee training needs and strategies. Through consulting, CellBotics Enterprise can identify areas where employees require additional training, helping organizations optimize their training investments.

Training Development

We at CellBotics Enterprise specialize in the development of employee training programs. We can create tailored training modules and videos that focus on equipping employees with the skills and knowledge required for their roles. This ensures that employees receive effective and relevant training, contributing to improved performance and productivity.

Project Management

Effective project management is vital for the successful implementation of training initiatives. CellBotics Enterprise offers project management services, ensuring that employee training programs are executed smoothly and efficiently. Your team already has enough on their plate, let the experts get in, get it done, and get out, leaving your company with a superior employee training solution that will last the test of time.

Franchise On-Boarding Training

CellBotics Enterprise provides comprehensive onboarding employee training services that can be especially valuable for multi-unit clients and franchise operations. This ensures that employees are well-prepared for their roles, increasing their job satisfaction and the likelihood of staying with the company.

SOP Development

We can assist in developing customized Standard Operating Procedures (SOPs) tailored to an organization’s specific needs, ensuring consistency and excellence in every task. We will work with your team to extract the legacy knowledge. Turn that knowledge into SOPs, and then can even turn that into scripts and videos for video SOPs.We also boast a full team of editors, designers, voice specialists, and writers!

Enterprise Assessment

CellBotics Enterprise provides expert enterprise assessments, helping organizations uncover hidden inefficiencies and offering valuable recommendations for improvement, which can lead to increased productivity and performance alongside providing excellent employee training.

On-Site Training

For those of you who prefer an onsite employee training option, we have that as well. We can be onsite through the training development stage or even offer customer types of training to your team onsite.

Conclusion

Now that several benefits of employee training and development of employees have been highlighted, investing in employee training and development is essential for organizational success. By partnering with CellBotics Enterprise, organizations can optimize their employee training initiatives, enhance performance, and drive long-term success.

What are you waiting for? Book your 1-on-1 discovery call now! Click Here

Thank you for reading my blog,

Nicole Russell

1.http://businesstrainingexperts.com/knowledge-center/training-roi/profiting-from-learning/

Better Productivity Creativity and Motivation Employee engagement Employee Retention Enhanced Brand Reputation Improved Employee Performance Why Is Employee Training Essential?

7 Reasons Why Employee Training Is Essential