Well-trained employees are good for business. They perform better, stay in their jobs longer, and create happier customers. Fortunately, you don’t have to spend a lot of money to get these benefits. You can use informal on-the-job training to improve performance and save money. Formal training takes a big investment. Formal training, which includes highly structured classes, courses, videos or games often come in expensive packages with high costs for development … [Read more...]
No-Nonsense Employee Training: The Best Articles of This Week
This week, we learn how to get people to collaborate better, engage employees with social learning and the arts, and calculate turnover cost. There's bonus content you can use in diversity training as well. Every week, I read dozens of articles about management, human resources, and employee development. I look for advice grounded in reality that small and large companies can easily use to help people engage, perform, and improve. I've pulled the best ones from this week so you can get … [Read more...]
Save Money by Turning Informal Learning Into Your Most Powerful Training Tool
According to the Association for Training and Development’s 2014 Industry report, the average company spends $1208 on training for one employee in one year and an average employee spends 31.5 hours in training. However, it’s estimated that only 10-15% of what an employee learns in training gets applied in everyday work. So really, that $1208 per employee only buys 3.2 to 4.7 hours of training that will actually be used and the other 26.8 to 28.3 hours per year are essentially wasted. That’s more … [Read more...]