If there is a way to increase employee productivity to over 200 percent, every company would like to take that chance right away. But is there a way to do that? Actually, yes and probably you have already done it in your organisation: training and development.
According to a report, company that offers comprehensive training program have 218 percent higher income per employee than company without formalised training. That being said, employee training and development program is the most effective strategy to improve employee productivity. Training your workforce is also good for employee retention as employees who do not receive necessary training are more likely to leave their jobs within the first year.
Training is necessary to expand employee’s knowledge and develop skills in their field of expertise. While the advancement of technology has given birth to many revolutionary methods of training, it seems that nothing can beat the effectiveness of face-to-face (offline) training for employees.
As there are always two sides of every coin, here are the advantages and disadvantages of traditional training you should pay attention:
Offline training requires the present of both parties, namely the instructor and the employees. Therefore, the most significant thing in offline training is direct human interaction. By having face-to-face interaction, you can build training cohesiveness and provide enjoyable learning experience. Moreover, the training might require physical interaction such as role playing to properly learn the duty or task for a certain position. In that case, offline training is suitable for employee development.
The only disadvantage of offline training is that it often comes more costly than that of online courses. Conducting an offline training will need additional cost such as travel expenses for employees, catering, hotel accommodation, supplies, and other training expenses. Additionally, if the training must be attended by many employees in the same day, there will be only a few employees left to operate the business. In some cases, the business must be shut down for a day for training purposes. This could cost a lot of money for the company.
In conclusion, in order to significantly grow your company, business leaders should be ready to conduct a regular training for the team members. However, before conducting a training program, it will be better for you to consider variables such as training objective, budget, audiences, resources, and goals. In this case, you will not spend money for unnecessary things.
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