Why
Training Is Essential
You
need to get the most from your investment in information
technology.
Compare the amount spent on sophisticated hardware and software
to the potential productivity gains realized when people are properly
trained to work more efficiently.
When you consider all of your technology-related purchases,
nothing comes close to providing a higher return on your investment
than employee training.
The Best Return On Your Investment
Industry studies have shown that after only a single day of training,
productivity gains of 25% and more are common. The chart
below, from a study done by Nolan, Norton and Company, shows the
return on investment for productivity gains from 1% through 25%.
A mere 5% increase in productivity results in almost a 500% return, while
the "typical" 25% increase in productivity yields close to
3,000%---an incredible return on your investment!
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Training Saves You Time & Money
How
often have you seen people who are inadequately trained spend a huge
amount of time trying to finish a simple task? And when a job isn't
done correctly, it usually has to be done all over again. All
that extra time quickly adds up to a large amount of extra hours that
employers wind up paying for. Not to mention all the added stress when
deadlines aren't met. Proper training provides the skills needed
to insure that work gets done in the most time efficient manner, and
the paid hours (and stress!) saved more than pay for itself..
Training Improves Quality
When
organizations properly train their employees to skillfully use the
tools required in their work, then the quality of their work greatly
improves. This leads to many benefits, including improving the
company/organization image, increased employee appreciation and
morale, a better working environment, and ultimately enhancing
opportunities for improved revenue and growth.
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