The Importance of Internal Training
The past two weeks at THAY Medical have been very busy with projects, but we still find the time for internal training! So, for this week’s post, we thought it would be great to outline the importance of internal training.
What Is Internal Training?
Before we dive in, what is internal training? Internal training, otherwise known as on-site training, is a type of employee development program where employees are trained in their actual working field by their employers/ direct superiors. These are programs arranged and provided by the company itself. In an internal training setting, the trainees (employees) will be reporting their progress and productivity to their trainers (employers or direct superiors). The trainers will guide the employees on proper operating standards and provide feedback mandatorily.
So without further ado, here are eight factors we have learnt that’ll help you see the benefits of internal training:
1.Increase Productivity and Efficiency
Employees undergoing internal training will earn a better sense of performing their day-to-day tasks. That’s because their trainers will be directing and guiding them along the way. In return, their productivity and efficiency metrics in doing their job will increase.
2.Boost Employee Engagement
Conducting internal training is one way of increasing employee empowerment in the workforce, which leads to improvements in employee engagement. With internal training, the trainees will receive a lot of employee motivation from their trainers; and they will also be empowered to perform their tasks well. Ultimately, internal training enables employees to be more engaged with their work and with the company.
3.Cost-Effective
It’s a cost-effective approach to improving your company’s strengths. Remember, training programs will be prepared by employers/ supervisors; however, the company will be able to ensure the development of trainees since they will oversee the process directly. If the option is to send employees to other places for training, the company has no direct means to monitor their improvement. Plus, hiring third-party entities to train employees is quite costly. With that in mind, internal training is certainly more cost-effective.
4.Employee Retention
Internal training can boost the morale of employees who feel that their association with the company as a worker is valued, which can boost their morale in the long run. Moreover, the company's internal training efforts will be appreciated by its employees. It is in gratitude that they will commit themselves to the organisation and build loyalty. As a result, the company will be able to retain employees, especially highly competent ones.
5.Leadership Development
Developing potential leaders can be fulfilled through effective internal training. It is important to consider internal training for employees with leadership qualities and skill sets. Hiring internally for supervisory and managerial positions is much better than hiring externally. Since long-time employees are familiar with the company's principles, operations, and processes. However, if companies don't train their existing employees to become leaders, they cannot hire internally. That said, your company must implement internal training for employee leadership development.
6.Contribute to the Company’s Success
We all know that many factors contribute to the success of a business. One of the most important factors is the performance of the entire workforce. Performing each job well and in accordance with standards leads to a positive domino effect in the company. Therefore, employers and managers have an obligation to train their employees internally. Ultimately, subjecting employees to internal training can contribute to the company’s success in the future.
7.Increase Employee Satisfaction
The company's internal training will help employees feel satisfied with their job roles. During internal training, employees will be made aware of the company's commitment to their professional development. They will feel valued by the company's management, despite not having reached their full potential yet. If employees are satisfied with their jobs, their morale is high, and they are committed to their work. When that happens, endless opportunities for success will open for the company.
8.Improve Employee Skills
Improving employee skills is the most direct reason why internal training is important. It is the foundation of a company that establishes the competency of the workforce. As well, it’s very likely that employees want to develop their skills. According to research by Middlesex University for Work-Based Learning, 74% of 4,300 employee respondents believe that their full potential isn’t achieved due to insufficient opportunities for development. Looking at that statistic, you’ll realise that you don’t want your employees to feel like they’re underachievers. So, make sure to provide them with the chance to improve their skills by conducting internal training programs.
Overall…
You can compare every company to a boat. The boat needs as many rowers as possible for it to reach its ultimate destination. If some rowers are struggling, you don’t push them overboard. This will only make things even more difficult as you will have fewer rowers to help move the boat. So, what must be done to develop their strength and endurance to row the boat faster and more efficiently? Internal training!! You help your existing employees improve, for their growth and especially for the company’s success. So as an employer, integrate internal training as a primary operation in your company to keep the boat afloat.