Employee training is a time and labor-intensive process that can have a number of attendant costs. For that reason, it’s tempting to put new hires through an initial training process but leave everyone else on your workforce to go about business as usual. After all, it they’re getting their work done, why do they need more training?
As pervasive as this attitude is, it’s almost always a shortsighted and incorrect one. The simple fact is that prioritizing ongoing, strategic training with your existing workforce has significant benefits that serve the aims of your business for years to come. Learn about a few, and decide if it’s time to rethink the way you handle training.
Increase Employee Loyalty and Morale
There is a common fear that if employers train their workforce in new skills, then employees will simply leverage those skills to find a better position elsewhere. However, this cynical attitude rarely reflects the realities of the workplace. In fact, employees that receive more training tend to be more loyal to their employers because they feel valued and respected by the companies they work for. This strategy creates a feeling of shared objectives that has a powerful effect on productivity, efficiency, and morale enterprise wide.
Introduce Flexibility into Your Workforce
Hiring managers across industries are struggling to close skills gaps within their ranks and find qualified candidates to fill in their vacancies. The obvious but often overlooked solution is to cross-train your employees. Not only does your workforce become more dynamic and innovative when your team members aren’t confined to discreet roles, but your projects don’t have to grind to a halt when someone leaves. Another employee with overlapping skills can pick up the slack until you find a qualified replacement. This strategy also makes it easier to promote from within, enabling you to refocus recruitment efforts on easy-to-fill entry-level positions.
Work with a Broader Pool of Talent
Recruiters typically look for a candidate who ticks every box on the job description. That ends up disqualifying a lot of talented applicants simply because they don’t posses every single one of the required skills at the time of application. Organizations that prioritize training and professional development are able to be more creatively selective because they know they can mold promising talent into the professionals they require. This expedites the recruitment process while enhancing the overall quality of the workforce.
Building dynamic teams is a complicated process, and ongoing training is only part of the strategy. Find resources to help you meet your other recruitment and retention challenges by working with The Concorde Group.