Why High Performing Companies Have Comprehensive Training Programs

Companies with formalized training see an average of 218% more income per employee.

See Why High Performing Companies Have Comprehensive Training Programs

Companies with formalized training see an average of 218% more income per employee.

Which company are you?​

Companies without Comprehensive Training Programs

Companies without comprehensive training see 40% of their new employees leave within the first year! These companies have to dedicate human resources to bring new hires up to speed, while still completing their daily tasks. Under-performing companies with a seasonal workforce are forced to give up days of production in order to train larger teams of people. These companies don’t see the 24% higher profit margins seen by their competitors who invest in high quality training.

Companies with Comprehensive Training Programs

High performing companies with comprehensive training programs see an average of a 218% higher income per employee than those without formalized training. High performing companies have adapted new digital solutions that do not require the age old “buddy system” and can handle the burdens of seasonal hiring. These companies ensure that all new employees get the same great training experience and don’t sacrifice resources to do so.

Did You Know

The Association for Talent Development conducted a national survey of manufacturers about their training programs. They concluded that companies with formalized training see an average of 218% more income per employee. Despite these findings, they also noticed training hasn’t changed much over the years. Across most manufacturing sectors, you’ll see an experienced operator team up with new employees to teach them the ropes of the job. In theory, this makes a lot of sense; we want new employees to emulate the best characteristics of our top-performing employees
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