Do your employees often write a resignation letter after working for a few months in your company? Chances are you are not providing good corporate training.
As per go2HR, 40% of employees who don’t receive proper corporate training will resign within the first year.
And whenever your employee leaves, you not only lose the employee, but you lose your investment as well.
But why is poor training making them leave? Employees are certainly looking for a good package, but they are looking to develop their skills training and career too.
A survey from ClearCompany says, for 68% of employees, the most important policy that a company can have is training and development.
So it is high time that you are focusing on providing corporate training by keeping up with the latest trends.
Providing employee training has been made easier now with the launch of platforms like Whatfix that brings interactive on-the-job eLearning solutions.
Here are corporate training trends you should follow to retain employees and support them to become more productive by reaching their full potential.
If you think following a one-size-fits-all approach for training your employees will work, you are mistaken. Each employee has specific training needs. Providing individualized training will give your employees more options while approaching their own learning. Moreover, it will engage them, offer a deeper level of learning, and build personal awareness.
In a survey conducted on L&D professionals, 77% said that personalized training is crucial for engagement.
Another report points out that 94% of businesses find personalization is important for succeeding.
Find the best LMS that provides a training menu for employees to opt from.
AI in training means more automation and personalization. Since AI can mirror human intelligence and behavior, it will offer a more personalized experience to your employees.
You can leverage algorithms to perform data analysis, offer recommendations, measure the ROI, and more. AI-based learning tools are also able to offer personalized training plans and materials for individual employees.
Invest in an AI-powered learning platform to boost the learning experience of your employees.
As per stats, 71% of B2B marketers are willing to use AI for personalization.
And 54% of executives cite that implementing AI solutions in their businesses has increased productivity.
Gamifying training events
Gamifying training events are fast becoming popular, as you can see in the statistics below.
Event gamification can educate, provide a better experience, improve pro-activeness, encourage engagement, create a collaborative environment, facilitate easy communication, boost self-confidence, and support healthy competition, among others. You will also be able to provide instant feedback and increase productivity.
If you haven’t employed a gamification tool in training yet, use it and empower employees to learn, develop, and perform better by playing games.
Soft skills are crucial across all industries and should not be neglected. Good communication, adaptability, teamwork, problem-solving skills, critical observation, listening skills, and leadership skills are some soft skills that you need to emphasize on.
A study conducted by The Stanford Research Institute International and the Carnegie Mellon Foundation pointed out that 75% of long-term job success is determined by soft skills. Only 25% depends on technical skills.
Start with a training needs analysis, look for the best LMS that suits your business, and employ the best learning tools available, including videos, podcasts, infographics, geofencing, social media, performance support tools, gamification, and so on to develop soft skills in your employees.
Many companies are already using VR to train their employees. For instance, ExxonMobil uses VR to provide safety training to its employees. The trainees put on helmets and headphones and are provided controllers to plug into the virtual world. It helps them to engage multiple senses. By the time they are done, they have learned their skills.
VR engages the trainees, reduces pressure while enhancing creativity, makes previewing possible, and accelerates learning.
Thanks to the immersive nature of VR, you can use it to reinforce the most vital features of training or skill development. It can also reduce errors and lowers liability.
It is said that 50% of downloaded apps are used for learning.
In this fast-paced world, learners want training that they can access immediately. And mobile training makes it feasible. Mobile apps can be accessed whenever and wherever the learners happen to have the time. They can even access it on the go.
Mobile training options are practical, and they can amalgamate video, social media, and gamification aspects of training.
Plus, there are plenty of benefits of mobile training, including increased motivation to learn, improved engagement, faster learning as the information given out is bite-sized, higher knowledge retention, personalization, and so on.
What’s more? You can easily update mobile apps and deploy them quickly.
Telecommuting is not going anywhere. Thus, distance learning is crucial for both the individual learner as well as the distributed work team.
Distance learning can bring work-life balance and flexibility. It is cost-effective and saves time too. Moreover, training can be self-paced, and comprehensive training programs can be provided.
Distance learning is a great way to draw more employees and retain them, provided you use the right tools and keep your employees motivated and productive.
Providing corporate training is the key to retaining employees and increasing business productivity. If you have been noticing that your employees leave your company, a few months after they give the joining report, it is high time you consider providing them training.
Employees are always on a lookout to improve their career opportunities and skills. When you provide them good training, they will happily stay and work with you. Many might prefer training over perks in the workplace.
The above-mentioned points are corporate training trends you can’t afford to ignore if you want your business to succeed. Employ them and always make it a point to keep yourself updated with the latest in corporate training trends and the innovative training tools that are constantly evolving.
Gaurav Belani is a senior SEO and content marketing analyst at Growfusely, a content marketing agency that specialises in content and data-driven SEO. With more than seven years of experience in digital marketing, his articles have been featured on popular online publications related to EdTech, business, startups, and many more. Connect with him on Linkedin and Twitter at @belanigaurav.