Business

Three Ways to Cut New Hire Training Costs Without Compromising Quality

Can Retraining Help You Improve Your Earning Potential

Whether your business is office-based, in the food industry, manufacturing, construction, or something else entirely, chances are that basic safety training is always on the menu for any new hires. Today, it’s hard to find a job where no health and safety rules apply, and for employers, this means ensuring each and every member of staff knows exactly where they stand in terms of safety and what to do to keep the team working together efficiently and at minimum risk. But the cost of training your employees well can quickly add up, particularly when you take paid training hours, specialized programs and courses, and covering transport costs into consideration. We’ve put together some great ways to cut costs on employee training without compromising on the quality of results.

#1. E-Training:

Online training is a big hit with both employers and employees since it’s convenient and can often be done in one’s own time. Rather than having to take the day to travel to another location, employees can go through their training with you right from an office computer, or even take it home with them to do on their own time if desired. In addition to the convenience, e-learning for employees often costs businesses far less, since there is no trainer to pay or travel fees to reimburse.

#2. Training Events:

Holding or attending one large training event for a number of employees is a good idea for businesses who tend to take on several new hires at the same time. If you’re looking to onboard a significant number of new members to your team, an event such as SeminarFest could be the perfect option. Rather than training individually and having to deal with individual costs, having all your new hires attend the event means that you’ll save money whilst they get to cover all the necessary safety-related coursework and more over one week. As a result, they may even complete the training faster than other options allow for, meaning that they can start work sooner.

#3. On-The-Job Training:

Although there will be some health and safety knowledge that’s mandatory for employees to know before they can begin work in many fields, opting for on-the-job training wherever possible is a good way to cut costs. Training on the job means that new hires can learn from yourself and other more experienced team-members whilst getting used to the environment and helping your company bring in a profit at the same time. However, bear in mind that this could also cause issues, particularly if you’re taking on new hires who have little to no experience in a similar role. For on-the-job training to be worthwhile, it’s essential to invest in a strong team who can help show new starters the ropes.

No matter what industry they work in, training new employees can be a costly yet essential endeavor. Online learning, attending training events, and learning as much as possible during work hours can help you cut training costs without losing out on the quality of health and safety training standards.

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