Poor training can exhibit itself in a myriad of ways when left unattended and the cost of poor employee training to your business can be both tangible and real.
If you have hired even one person, then you are already in on the well-known secret that hiring new employees is an expensive, time consuming, and sometimes-frustrating process. As such, it just makes sense that once you have made your hiring decision to take the time to get that new hire in the fold and working productively.
The key to having happy and productive employees is found in the training that you provide to them and the tools with which you equip them to succeed in their new positions. Unfortunately, more often than not, modern business culture applies a sink or swim mentality once the new employee has completed filling out their I-9 form and shown to their new workstation.
By placing employee training at the bottom of their priority list, the powers that be ensure that the recruiting department will endlessly be searching for talent rather than cultivating potential.
Three potential risks associated with sending training to the bottom of the priority list:
Unsatisfied and Stressed-out Employees
When employees are not trained for the task assigned to them, they experience stress and dissatisfaction with their job. The net result of an unhappy employee is a worker who spends more time burnishing their resume for that next position than they do burnishing their quarterly sales reports. Therefore, unbeknownst to you, your new employee is prepping himself or herself for another foray into the job market while you miss the signs of a struggling employee.
As mentioned, hiring employees is an expensive proposition, so if you don’t want to risk employee ads becoming a fixed expense in your books, then you need to properly train and cultivate the talent that you already have through a comprehensive training program.
Poor Work Output
Perhaps worse than the employee with the wandering resume, is the worker who simply bides their time and produces poor quality work. This can have a harmful effect on businesses big and small, but is particularly impactful on small to medium sized businesses.
In these close environments, every worker is crucial to the commercial success of the venture, so a poorly trained worker can be the weak link that slows down the whole enterprise’s success.
Time is Money, Money is Time
The typical result of a poorly trained employee is found in increased cost to the company. Whether it be through increased hiring costs, lost productivity, or added training costs later on in his or her career, the costs borne by businesses that don’t make training a top priority can be onerous.
Start putting a priority on training today. Learn about companies putting a high priority on training and loving the benefits here.
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