Training the workforce in an organization to increase the employee morale, identify their weaknesses and train them to better themselves, and enhance their skills thereby improving their productivity; all falls under corporate training.
A very high attrition rate is one of the biggest concerns in any organization. Now, considering the attrition rate most corporate companies think investing on the training might turn out to be unfruitful to the company. Believe me, if they invest on corporate training, the retention rate would have increased since the training would have improved the relationship between the employee and the employer and thereby improving the amicability.
Corporates and trainings are two inseparable entities these days. I would like to quote Benjamin Franklin here who says "Tell me and I forget. Teach me and I remember. Involve me and I learn." Corporate training involves the employees in the training programs and hence the result is "learning." The skill learnt becomes part of us and thus makes us better each passing day.
WHY CORPORATE TRAINING?
Corporate training is of great value to the organization and employees as constant training leads to improved corporate etiquette, interpersonal skills, communication skills, self-confidence level, and so on.
It is often misunderstood that training is restricted only to newbies and not to the so-called "experienced ones" of the company. That's a myth; and the more training we provide to the existing employees, the more we are investing on the betterment and growth of the organization. The outcome of any training can be seen through positivity in the general attitude of the employees which would last at least for six months, and hence shooting up the productivity overall.
TYPES OF CORPORATE TRAINING
Different corporate provide different training based on their requirement and they are including but not limited to;
Sexual harassment training.
Personality Development is a generic development which suits well to all of the companies around which improves the employees' time management skills, interpersonal skills, communication skills, etiquette, et al.
Project Management is a skill that helps a person manage and utilize the available resources that are necessary to complete a project. The various challenges involved in the project management is the skill obtained.
Workplace safety training is something every corporate has been bent upon to provide to their employees.
BENEFITS OF CORPORATE TRAINING
The success of any business does not only lie in the business alone, but in the morale of the employee, the soft skill training provided to the employee, and steps taken to retain the employees in the organization.
Corporate training overall improves;
Improved skills at work.
Time Management skills.
Leadership skills identified.
Improved Conflict Management skills.
Higher morale and positivity.
Greater energy level.
Training is a form of communication. More often than not, we are lost in our mundane chores of the day at work, that we lose track of our creativity, our strengths, our passion, our energy level, etc. With the right choice of training, all these hidden abilities are rekindled and that certainly feels like new blood in the body and the success is immeasurable.
With training, the impact created on the employee's mind is great. A personality development program enhances the employees to a higher level and ensures all employees to have similar skill and knowledge. The weak links can be identified through these programs and it can be made sure to develop their personality and skills to give their best.
When we care for the employees, care is what we get back. The employee satisfaction rate increases tremendously by such programs and thereby attrition rate is checked. The work process is understood thoroughly, thereby ensuring smooth flow of day-to-day activities. Time management, interpersonal skills, communication skills are improved, providing the maximum outcome possible at the organizational level.
Risk management in the organization is covered through sexual harassment training, clearly drawing a line on which behavior is considered professional and which is not. Such training would create awareness and the safety concern of the employees are addressed.
Many organizations are conducting Fire Safety Program with mock drills for the employees to be prepared for the worst case scenario, if any.
Training provides enrichment to the employees in terms of alignment of the company's vision, mission, and goals; and in turn makes sure the employee and employer are on the same page of their understanding towards the sustenance and growth of the company.
To draw a conclusion, corporates have realized the importance of providing training to their existing resources that improves the employee's self progression at a professional level and to keep them up-to-date with the current market scenario. Various programs are designed to enable the employee's understand how one's personal contribution and the team work with other members of the team matters. Training also allows to bridge the skill gap at the organizational level. The employees' morale is boosted manifold with training.