When your company has a need for employee training, consider utilizing in-house expertise. By harnessing the knowledge and expertise of in-house experts, you can offer online elements as well as face-to-face upskilling sessions for your employees. You can also hold informal Lunch ‘n Learn sessions to introduce the benefits of learning into the workplace. An in-house expert can share his or her experience and wisdom in an informal setting. If your organization does not have a formal training program in place, you can also subscribe to the weekly Elucidat newsletter for e-learning ideas and trends.
Less expensive than hiring a professional
If your Employee training aren’t productive, there are many ways to train them that are less expensive than hiring a professional. One method is to use on-the-job training, in which employees learn by doing. They observe others and complete tasks while being supervised. Another method is to use technology to provide training, such as online training platforms and Learning Management Systems. Technology-based training is typically less expensive than hiring a professional.
According to the U.C. Berkeley study, it costs companies about $4,000 to hire a new employee. That figure rises to $7,000 for a management-level position. For that same employee, it can take as long as six months to pay for the training, compared to a few hundred dollars. And remember that training existing employees will save you money in the long run. Whether you hire a professional or do it yourself, make sure to consider your budget before making the decision.
Effective training can be carried out in various formats. For instance, lectures are an effective way to train large groups of employees. However, these methods require complete concentration for several hours. Instead, workshops and boot camps can stimulate learning and teambuilding. In addition, informal training methods can be used to train one person at a time or a group of employees at once. They are effective for companies with collaborative teams. Here are some ways to implement more effective employee training.
Peer training involves forming a group of people with common goals. This method involves assisting each other in learning and sharing knowledge. Peer training can be especially effective for remote employees, because it encourages each individual to process information in different ways. It also benefits the teacher by facilitating deeper understanding and sharing. A training session using peer groups should be organized in such a way that employees are able to follow along and learn. This will increase the chances of success for the entire staff.
Less expensive employee training is available in different forms. According to a report by Training Magazine, the average U.S. company will spend $1,071 per employee on training costs in 2021, an average of $40 less than what it spent in 2020. The cost of training an employee varies by industry; manufacturing companies spent $582 per person, which was nearly a quarter less than the average spent in the previous year. Other industries reported higher training costs – healthcare and pharmaceutical companies spent $1,392 per employee annually.
Less expensive employee training can be done through recorded video training. These courses are designed for individual employees, and are delivered by experts in your company. In-house experts can also contribute valuable insight by hosting Lunch ‘n Learn sessions or conducting informal webinars. A weekly newsletter published by Elucidat explores the latest e-learning trends and ideas. Less expensive employee training is now an easy option for growing your business. It can be delivered through a free learning management system.
Less time consuming
Providing less time-consuming employee training is a common goal for most organizations, and it can be done in several different ways. One of the best ways is through interactive activities, such as role-playing and group discussions. Such activities can be instructor-led or can be interactive, with the supervisor reviewing the participants’ answers. A training program should be tailored to the needs of the employees, particularly younger workers and millennials, who tend to lose interest quickly.
While most employee training is delivered via a classroom environment, it can also be conducted online using an instructor-led module. Some companies choose to send their employees to an offsite training center for in-person training. The duration and expertise of the instructor will depend on the particular course. For example, a newly promoted supervisor may opt to take an online course on becoming a boss. Meanwhile, an introverted employee can attend an online training session to learn assertive communication skills.