Participants were asked to rate 10 ways of learning in the workplace from “Not Important” all the way up to “Essential.” Company training/e-learning ranked last with 60% of those surveyed believing it was not important. Are the millennials to blame for this? Not exactly. If anything, it’s the reverse. The data suggests younger employees favor workplace training more than older workers.
The numbers are certainly disappointing for organizations. In the U.S. alone, companies spend $165 billion annually on training, which equates to $1,208 per employee. It’s not all doom and gloom as there is a silver lining to all of this. According to the survey, knowledge sharing within the team is very essential for workplace success. When employees are involved, the chances they retain the information presented to them is at its highest. Engage, engage, engage! The data shows collaboration not only equals a happier workforce, it represents an educated one.
If company training practices seem dull and unmotivating to you, we’re here to help. Our team put together several articles addressing workplace learning and development and how organizations can enhance training practices designed for employee success.
We love to hear from you! Comment below or tweet us your thoughts about training strategies. Tell us what practices works and others that need some work.