A lot of employers do not want to take on workers that are not skilled. That being said, many of them are also somewhat reluctant to invest in ongoing training. This puts employees in a bad position because it stops them from achieving their full potential. As workplace tech evolves, it is vital that you try and evolve your practices with it. If you can, then you can stop once-skilled workers from being left behind and you can also stop yourself from being weaker than your competition. Want to find out more? Take a look below.
It’s Expensive to Lose Team Members
Hiring someone new to work with your organisation is not cheap at all. Studies show that around 40% of employees happen to leave their positions within a year, due to poor training. On top of this, the cost of having to replace an employee can cost up to 20% of their yearly salary. For this reason, you have to make sure that you are engaging your team so that you can retain them. Regular training will help you to retain your team members and it will also help everyone to be more engaged. If you want to train your team and keep them trained, then STL Learning have some great resources.
Trained Team Members are Efficient
Training can be used to rocket the productivity of your team. It can also help you to boost the performance of your team. When your team are able to do tasks efficiently using more effective methods, you will get two big bonuses. First of all, they will complete more tasks in a shorter period of time. This helps you to get a higher level of return on your investment. The second benefit is that you will have a much higher level of customer satisfaction across your business. This is especially the case if you can deliver your services in a timely manner.
Trained Employees have Higher Standards
Another thing that you need to take note of is that getting work done fast loses its benefits if it is not done to a good standard. Team members who are trained well can produce a much better-quality output from the get-go, and they tend to hold themselves to higher standards too. This can help you to lower the amount of mistakes you make and it can also result in less wasted time overall.
Trained Employees will Satisfy your Customer Base
So, as you can see, training your team can really impact your customer satisfaction. This is super important because if a customer leaves you, then you will be impacting your profit margin more than you realise. You will be losing out on their sales, and the sales of anyone who they might have recommended. If you want to avoid this, then invest in the team that you do have so that they can help your customers, bringing around a full circle of benefits to your team. Why not see if you could benefit your team through training today? You’d be surprised at how quickly you can see a boost to your company.