Investing in employee training is a priority for modern businesses. However, Mercer Mettl, a talent assessment company, highlights that 40% of the investment made in employee training does not give the desired return on investment. Employees with poor training result in premature job exits and low performance in their roles and responsibilities. Properly using information obtained through HR data analytics can increase the effectiveness of employee training programs.
Effective training involves targeting the right employees and addressing their relevant training needs at a particular time.
Maximize on HR Data Analytics Capabilities
HR Data analysis provides useful insights on which employees should be targeted for training programs. Metrics such as employee competency levels and job role descriptions inform decision-makers on training needs. The employees can receive instruction based on the need for personal and organizational development. In this case, the workers increase their skill-contribution to the business, while developing their personal skills set. Hence, training based on the HR data analysis evidence, builds on established facts and needs of the business. Information from analyzed data provides an important link between decision-making and the strategic goals and objectives of the business.
Involving Employees across Multiple Levels
Employee training-needs vary across the organization. Matching different employees with the relevant training opportunities will result in the attainment of the desired return on investment. Using a “one-size-fits-all” training approach will not result in sustainable employee performance. This is why providing suitable training opportunities for managers and other staff members will set up the business for short- and long-term success. In a 2019 survey by Oracle, 94% of managers in organizations believed that they have the required decision-making skills. 75% of the other members of staff recorded having the same level of confidence in decision-making on their job roles. This difference in skills and competencies among employees highlights the need for customized training programs. Addressing the current and emerging training needs among workers should take into account their job requirements and the goals and objectives of the business.
Ensuring that employees are actively involved in the decisions regarding training programs will result in higher levels of effectiveness. Getting direct feedback from the employees is another one of the effective approaches in determining training program effectiveness. Monitoring employee performance through data analysis will also determine the necessary changes and adjustments to the continuous training programs.
Following-up on Employee Training
Employee training addresses the short and long-term needs of the business and its staff. Close monitoring of training effectiveness after the implementation process is essential. You can measure the return on investment and the avoidable problems through the training programs. Continuous investment in employee training-needs will result in achieving maximum value from employee training and development.
Sources Tandon, A. 2019. How to Measure the Training Effectiveness of an Employee Training Program. Mercer Mettl. Retrieved from https://blog.mettl.com/talent-hub/how-to-measure-the-effectiveness-of-employee-training-program Life Science Training Institute, 2018. Training Effectiveness – A Quality by Design Approach. Retrieved from https://www.lifesciencetraininginstitute.com/training-effectiveness-quality-design-approach/