Today, productivity-based employees training programs are widely recognized as employee benefits. These enhance employee productivity, promote job satisfaction, and help in the fulfillment of overall organizational goals.
Conducting productivity-based employees training should be made a priority for human resource departments of organizations, regardless of their nature or organization size.
According to a report furnished by the American Society for Training and Development (ASTD), average training investment per employee is pegged at less than $1,500. About half of this budget was spent on training programs that are more technical and professional in nature. Two percent of the said amount was spent for orientation of new employees while about three percent was spent on training about competition, quality and business practices. Still, a number of companies do not bother to spend even a single cent on training. This is especially the case for those companies that experience high employee turnover. Because the profits these organizations obtained per employee are less than the training expense they would have to shoulder, they have a difficult time justifying such expense. Ironically, while high employee turnover could be a reason not to launch a training program altogether, the latter could also be a solution to the former. With proper training, employees become more productive. When they are productive, they feel more satisfied with their jobs and will be motivated to continue with their employment.
Today, it is an undeniable fact that companies not only compete in terms of goods and services. They also compete when it comes to attracting highly-qualified employees, experienced or otherwise. In fact, majority of fresh college graduates prefer to be employed by a company which they perceive as very committed in investing on training programs for their career and personal growth. Highly-qualified employees are considered very hot commodities especially since they are expected to be more productive and will generate a high profit per employee ratio. Matching and offering these employees with job positions where they are most suited is also necessary. More often, this responsibility falls in the hands of human resources personnel, labor relations managers or training specialists. These people provide the necessary link or connection between employees and top management. Ideally, human resource departments are concerned with enhancing and improving employee productivity and morale, improving overall organization performance and minimizing job turnover. The people in this department are also tasked to provide adequate training so that employee skills and development opportunities will be maximized and level of employee satisfaction on their working conditions and jobs are increased. Third-party organizations are also available to provide training programs that are especially designed and tailored to the training and development needs of their clients.
Given the tight competition prevalent in many industries today and the fast-pace of technological development, more and more managers now acknowledge the fact that the key to business success and growth is investing on skills and knowledge development of their workforce. Despite being costly, the benefits derived from this investment will be enjoyed by an organization in a long-term basis. Moreover, productivity-based employees training programs will help the workforce develop not only the confidence to perform their tasks but also a sense of loyalty towards the organization they belong to.