“An investment in education always pays the highest returns.” – Ben Franklin
When you do not train your staff, you may think there is only a slight decrease in productivity. Some leaders think not training the staff is not a problem at all, assuming the staff will not need extra education or that they will take care of it themselves. No matter the reasons, not training staff is worrisome. Yes, it is an extra cost that you have to take on, but not training is more costly in the end. Vocational training improves productivity, safety, effectiveness, efficiency, and nearly every other area of the workplace. Employees are better at their jobs as a whole. This is what MINT training hopes to provide – a better workplace.
The initial cost is the drop in quality and productivity. Building productive workforces cannot happen without regular education. If you let your team stay on the same path without any further training, they will not keep up with the changing times. This means that they are not producing high quality results as quickly as they did. When you take into consideration the changing field for every workplace, you have a recipe for failure. Your team cannot compete when they are lost or confused with the job at hand.
You also have to look at the cost of replacing employees. When employees cannot meet your expectations, and you decide to let them go, you will have to replace them. If they are continually lacking in various areas because of a lack of education, that is partly on you. Failing to keep your employees up to date on the needs of your field, and then punishing them for not being up to date, will cost you more in overall costs with the replacements and new hire training.
It is about more than building productive workforces, too. While, yes, productivity is imperative, you also want everyone to remain safe and to follow regulations. Rules and regulations for workplaces change, though. Without regular vocational training, your employees will not know about any changes. You need to make sure that they are current on everything to avoid putting them at risk and to avoid any fees you would have to pay.
When compared to what you would have to pay, you actually save money by training your staff. Vocational training is an immensely beneficial and cost-saving method of having the most productive staff possibly. It lowers the risk of large future costs. MINT Training can help you to get started with it.