The Importance of Employee Training: 6 Reasons Why It Saves You Money


Great article BY BRIAN BENTON  - SEP 3 2014 - 3 MIN READ

Extract below.

If you were given the choice between two different pilots—one was trained, the other not—which one would you choose? But what if there was no “up-front” cost for the untrained pilot? You still wouldn’t do it? Yet many business owners do not recognize the importance of employee training.

Most business managers wouldn’t hire unqualified employees. But so many of them do employ under-qualified workers. Sometimes employees become under-qualified due to changing technology or the development of new methods. Don’t get me wrong; training does come at a cost. The two biggest resources used for job training are time and money. Some of the excuses not to train are:

“We are too busy to learn something new right now.”

“We just don’t have the money to pay for training.”

Training employees costs time, money, and materials. Often, third parties are needed to conduct job training. Not only will there be missed time and unbillable hours, but there will also be additional costs. Another reason businesses often neglect to train employees is because of past training experiences. Sometimes the training was done poorly, or the topics just didn’t help. That could happen for several reasons. Failed training comes at a high cost, and businesses often don’t want to take that risk.

However, not training your employees also comes at a cost.

To read the rest of this article go to: https://www.autodesk.com/redshift/importance-of-employee-training/