Corporate training focuses on career development to ensure that employees strengthen their skills and improve results. Employers use training to orient new employees, teach existing employees new skills for the same job, and advance employees into positions that require different skill sets. The objective of corporate training is to boost the productivity of your employee with a focus on the business goal. Mainly corporate training is lined up according to the organizational goals.
Since training programs have limitless opportunities, businesses may be more willing to schedule them regularly. Notably, this form of training helps your organization to reach out to external audiences – your clients and partners – it is not bound just to your employees (though that is still important). Also, we always focus to design the training content carefully taking the help of advanced technologies to keep busy your workforce. Below is everything that you need to understand about Corporate Training for your company.
Benefits of corporate training
Corporate training is important to the success of any business. Since your employees are the leading force behind everything your company does, assisting them in expanding their expertise and enhancing their professional skills will only benefit your company. Here are the four major benefits.
- Policies and procedures – Employees will be reminded of policies and procedures at corporate training sessions regularly. They frequently iterate about how the activities can be carried out regularly. The administrative side of the company, in particular, needs to adhere to the policies. This also allows the organization to keep things in order, especially records, which saves time. This is also important for a financial team that deals with valuable data and makes business decisions.
- Increases efficiency – Your workforce will be more productive and effective if you provide well-designed training that meets their needs. These changes will increase your company’s profitability over time. Your employee’s productivity will only increase if you let them know exactly what they’re supposed to do and give them the training they need to complete the task. Training increases the confidence of your employees which makes them more efficient and productive towards their work.
- Increases motivation – Training programs help your employees to work as a team and motivate them to achieve the overall mission and goals of the company. Their learning curve increases, which leads to several other advantages such as reduced attrition, increased delivery, and so on. This is a non-tangible advantage. Employees are motivated by the fact that their employer cares about them and invests in them.
- Reduces attrition – Attrition can be effectively controlled through employee motivation and self-actualization benefits. Organizations with employment conditions incur costs per employee for costly training to retain employees. Attrition is a major issue that companies are currently dealing with, and it comes at a high cost. Only this could be one of the reasons why corporate training is so important today.
Types of corporate training Programs
- General induction – General induction is a very common type of corporate training Here, particularly newcomers, go through a one-time formality of being introduced to the company’s various departments. Its primary goal is to speed up the new employee onboarding process by making them feel more at ease and productive.
Induction should be focused on:-
- Core values and goals
- Data security and collaboration system
- Administrative process and formalities
- Corporate culture and formalities
- Growth structure and walkthroughs
- On-boarding program – On-Boarding is a term that refers to a person who is Department-specific learning sessions that last longer than basic orientation are referred to as training. Systematic onboarding aims to gradually integrate employees into the company so that they can begin working and playing their positions as soon as possible. Onboarding information should be organized by respective department heads to connect new hires with your organizational goals and provide them with convenient access to all of the information they need to perform their duties.
- Compliance training – Compliance training is usually included in new hire onboarding and it is mandatory. It’s usually a formal program that focuses on company policies or regulations, allowing employees and employers to avoid both workplace issues and legal violations. These policies and procedures are usually unique to a particular job or sector. What employees should be compliant in and what type of training is required can also be influenced by where they work. Anti-harassment and diversity training programs, for example, as well as business ethics, workplace safety, and data protection and privacy training, are all examples of compliance training.
- Product knowledge training – Product knowledge is the ability for your employees to fully comprehend and confidently speak with customers about what you offer, including its features, benefits, applications, and costs. This training is often included as part of a new hire’s onboarding program. It’s also beneficial for employees who need to focus particularly on the company’s products and services, and it’s held whenever a new feature or product is introduced so that everyone is up to date.
- Soft and hard skills – Hard skills are focused on employee development because this type of training allows your employees to improve the skills they need in their jobs and become even better professionals. Whereas communication, problem-solving, and decision-making are examples of soft skills that relate to interpersonal relationships. They assist your employees in interacting with their coworkers and customers productively and harmoniously.
Corporate training at centum Learning
Centum learning belief corporate training is all about implementing a plan that works for your company and your employees. It is certain to deliver value for your business if done correctly, with the best tools and training aligned to specific goals. On the other hand, Corporate training companies provide training for various elements such as soft skills, team building, quality and output related sessions, strong business acumen, and so on, to make their employees best at their work. Centum Learning has embraced the art of impacting business outcomes of global customers across various industries through its tailored corporate training programmes through its Technology Enabled Blended Learning (TeBL®) approach over the years.