Benefits of Training
Training offers benefit to both the employee and the employer
At Gateway Training we are committed to ensuring that both delegates and organisations benefit from the training we offer. To follow are some of the key benefits of training – for both delegates and the company.
Training is an investment
Regular training is an investment that helps employees to prosper and develop their careers while giving the business a highly skilled workforce and a competitive advantage in the market.
Employee’s understanding of the subjects in which they are trained is crucial to success in their day-to-day activities.
Improved Attitude and Morale
People enjoy learning and when the subject is relevant to their work and/or interests they are willing to apply their new skills and knowledge in practical situations. Those employees who possess a wide range of skills are more likely to be positive and satisfied in their employment which reduces the occurrence of work-related stress and improves the work environment.
When companies invest in staff training, the staff feel:
- The employer has confidence in them to do the job.
- The business sees them as a viable investment – by offering something of true value in addition to wages.
As a result, employees are more likely to develop additional competencies such as leadership and be more willing to undertake further training. Training is also a perfect chance for employers to develop stronger working relationships with their staff.
Keeping staff regularly trained, motivated and up-to-date with new practices and industry developments is essential. Learning new skills and becoming a valued asset to the company bring direct benefits to both delegates and the company which in turn leads to a strong return on investment.
As well as the benefit to employees, our specialist Healthcare training provides a number of important benefits to the company. These include:
- Training ensures a company meets it’s obligations under Healthcare Legislation,
- Creating an environment where best practice is developed,
- Companies can closely monitor compliance,
- Our clients repeatedly find that they save time and money by reducing absenteeism,
- An increase in productivity, morale and confidence.
In addition to these main benefits, training is crucial to the ongoing success of a company.
Minimise Staff Turnover
Research into training revealed that companies with the lowest staff turnover spend the most on training. Minimising staff turnover benefits the organisation as replacing staff can be an expensive process. Companies will lose skills, resources are disrupted and recruiting new personnel takes time and money. Staff who receive ongoing training are more likely to commit to their employers because:
- Completion of the training develops their careers,
- The training will enable delegates to take on greater responsibility and higher paid work.
Measuring potential candidates against competencies delivered in training programs will also streamline the recruitment process and can reduce the induction period.
Increase workforce flexibility
Training increases the skills the workforce has which enables it to deal with a wider range of tasks and responsibilities. Greater confidence and motivation leads staff to become less reliant on management and supervision. Training in skills specific to your industry does not necessarily limit the benefits of flexibility. Staff who receive such targeted training often achieve:
- Higher levels of professionalism,
- Improved communication and interaction skills,
- Greater conscientiousness,
- Superior creativity and innovation.
The benefits of a trained workforce can also reach customers who become more satisfied with an improvement to the service they receive.
Whatever the size of company and whatever industry the business operates in, training can have a measurable impact on performance. Research shows that productivity increases while training takes place and staff who receive formal training can be considerably more productive than untrained colleagues who work in the same role.Higher productivity will increase output and can open a greater share of the market or expand it by improving products, services and reputations.
Training that meets both staff and employer needs can increase the quality and flexibility of a business’s performance by maintaining and improving:
- Good work safety practices,
- Accuracy and efficiency,
- Customer service levels.
This in turn will affect performance right across the company and over time, training will reduce costs by decreasing:
- Workplace accidents, leading to lower insurance premiums,
- Sickness leave and/or levels of absenteeism,
- Wasted time and materials,
- Recruitment costs through the internal promotion of skilled staff.