Home > Insurance Blog > Here’s Why Providing Ongoing Training Is Important to Your Employees
Here’s Why Providing Ongoing Training Is Important to Your Employees
The world is constantly changing. To succeed in the workplace, employees need resilience and the ability to adapt. Creating a collaborative learning environment can help your workforce develop skills that will drive innovation and growth for your business. Providing ongoing training creates a more positive work environment and shows your employees that you are willing to support their careers.
What Is Ongoing Training?
Ongoing training is a method of training that is continuous, with multiple sessions, as opposed to a single training program. This method has been proven to increase engagement, motivation, learner retention, and job performance. Also known as upskilling, ongoing training is a workplace trend that facilitates continuous learning. Employers provide training programs and development opportunities that help minimize employee skill gaps. This allows companies to fill open positions with current employees and allows employees to advance in their jobs and find opportunities within the company.
What Are the Benefits of Ongoing Training for Employees?
With rapidly changing technology and business dynamics, ongoing training is becoming increasingly important. The benefits for companies are undeniable. Among other things, it helps businesses stay compliant with changing regulations and stay up to date with industry best practices. Upskilling benefits employees as well as employers. Ongoing training promotes employee retention in a number of ways, including the following:
Incentive for workplace learning: Ongoing training gives employees an opportunity to better
themselves as workers and become more professionally attractive. They have more incentive to actively participate when a training session is part of a comprehensive training program that allows employees to advance. Managers can get their employees more invested in workplace learning with ongoing training.
Higher job satisfaction levels: Work is not as pleasant for workers who have difficulty performing the tasks they have been assigned. Employees who are worried about their performance are not as satisfied with their jobs. Ongoing training provides struggling employees with a way to bolster their skills and improve their performance. It also gives top performing employees access to training materials in which they can find more efficient ways to do their jobs.
More opportunities for internal promotion: It is more costly for companies to hire new
employees than to develop and promote current employees. With ongoing training, employees are constantly increasing their skills, and that enables them to be promoted internally. This practice promotes employee retention. It is good for the company and good for the workers.
More positive workplace environment: When a company provides ongoing training, employees know their employers care about their careers. They feel more knowledgeable, supported, and empowered when their employers focus on their development. Employees tend to be more invested in learning, more engaged in performance, and more satisfied with their jobs. Ongoing training promotes employee loyalty and helps create a more positive company culture.
Along with ongoing training, the right group benefits can help you attract and retain top talent. Speak with our knowledgeable agent about a group benefits package for your company.
September is Life Insurance Awareness Month.
It’s the perfect time to remind ourselves to plan ahead for the ones we love.