How Corporate Training Boost Up Work Productivity?

June 26th, 2019
10022
Corporate Training

When generating lists on how to increase the productivity of an employee, many specialists recommend training.

For example, it recommends businesses to “Train, train, and retrain.” Recruit Loop recommends, “Give career growth opportunities.”

Because much of the success of any business relies on the productivity of its workforce, employee's productivity is a vital consideration for all businesses. As a result, businesses are hunting all the time for valuable insights on keeping their workforce productivity optimized. But what is employee productivity exactly? The Bureau of Labor Statistics (BLS) explains it as an assessment of the efficiency of an employee or group of employees. Productivity may be assessed and evaluated in terms of the output given by an employee within a specific time period. Typically, the productivity of a given employee will be evaluated related to an average for employees doing similar work. According to the BLS, Americans spend 8.8 hours a day in the workplace. But are those times productive? That is the issue more businesses are asking to ensure they meet their business goals. According to research, one of the best ways to keep employees productive is to make sure they are well trained for their jobs.

Employee Training's Impact on Productivity:-

According to LifeHack.org, “There is nothing worse than not knowing what to do. You feel lost, confused, and frustrated all at the same time. Everyone hates not knowing what to do. An employee is more likely to be productive when they know what exactly is required from them and they are given the training to perform such a task. Training gives confidence and confidence leads to employees that are productive.”

Recruit Loop shared the following advice: “If you actually want someone to be a productive, helpful member of your team next year and the year after that, then giving career growth opportunities is a sure-fire way of making that happen. Career development improves employees' skill sets, which will more enrich your business. Training also communicates to employees that they are valuable members of the team who are expected to learn new and better ways to meet goals and objections.” It's not only experts declaring training as a productivity booster. The analysis also shows a clear relationship between employee training and productivity. When all the employees are constantly engaged in their jobs and along with it their work is being valued and supported then it would result in harboring a culture that would definitely be more productive and high performing. Strengths-based leadership is valued and has been recognized as a core element of promoting employee optimism, engagement, and project performance — all of which will definitely lead you to bring in higher productivity. Data gathered by Gallup shows that teams that focus on strengths every day have 12.5 percent greater productivity.

Results of these three studies also point towards the power of employee training in terms of productivity:

  • The National Center on the Educational Quality of the Workforce (EQW) found in a study of more than 3,100 U.S. workplaces that on average, a 10 percent increase in workforce education levels led to an 8.6 percent gain in total productivity. Meanwhile, a 10 percent increase in the value of equipment increased productivity by just 3.4 percent.
  • In the study by HR Mars, it was found that it is important for organizations to get skilled and capable employees for better performance. Employees will be more responsible when they have the awareness and skill for executing their job tasks. Also, training gives opportunities for employees to make better career-life decisions, including getting promoted to better positions in the organization.
  • In the study done by the American Society for Training and Development (ASTD) resulted that companies that invest the most in workplace learning yielded higher net sales per employee, higher gross profits per employee, and also a better ratio in market-to-book values.

6 Ways Training Boosts Employee Productivity:-

Let's look into the given six ways through which training boosts employees' job performance and productivity. Check the list of professional course

  • Inspires New Employees:-How you on-board employees set the tone for their long-term productivity. Training new employees get them off on the right foot by giving them a good sense of business and job expectations. For all employees, possessing the knowledge and skills about their job increases their satisfaction and confidence which results in, productivity.
  • Reinvigorates Old Skills:-Ongoing employee training helps cultivate talent from within your company. By retraining employees on current skills, productivity can be increased by preventing small, basic mistakes. This can also bring in fresh life into old tasks. Plus, retraining current employees is less expensive than hiring new ones and training them from scratch even with the previous experience and skill.
  • Gives Employees New Skills:-By teaching employees new skills, you can give them a new sense of a purpose. It also lets them know that the company is willing and able to evolve — and even offer them advancement opportunities.
  • Raises Confidence Levels:- new or old learning and maintaining skills through training can boost employees' confidence. With greater confidence, they will enjoy a greater sense of value and enthusiasm along with an excitement to learn on the job. This often translates into increased productivity.
  • Supports a Performance-Based Culture:- This inspires and motivates employees by giving them achievable goals to reach on a regular basis. However, your culture should also have a clear definition of success. When employees know what their goal is, they are able to achieve it in an optimal way.
  • Boosts Employee Satisfaction:- Satisfaction is a basic necessity for a productive workplace. Employees are satisfied when they are provided with the actual and needed skills and knowledge that are required to perform their duties optimally. Training is an important step to fulfill the requirement of skill enhancement in your employees for their best performance.

Obviously, productivity is an important goal in today's corporations. While there are many systems, process, and motivational tactics companies could bring in the practice to boost productivity, they should always remember the power of comprehensive, quality training to lay a strong foundation that holds the highest levels of productivity on a daily basis.

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