Secret to Success: Exploring the Benefits of Business and Industry Workforce Training

Secret to Success: EXPLORING THE BENEFITS OF BUSINESS AND INDUSTRY WORKFORCE TRAINING WHAT IS WORKFORCE TRAINING? Continuing employee education through industry-špecific customized programs PROFESSIONAL DEVELOPMENT TRAINING, LICENSING, AND CERTIFICATION • Customer service • Leadership • Supervision • Workplace language • Project management • Lean production • Health care • Environmental services • Technology • Computer & Software • Safety • Technical services • Industry specifics AHEAD OF THE CURVE: TRAINING TODAY EFFECTIVE EMPLOYEE RETENTION STRATEGIES • Training - 73% • Career development initiatives - 37% • Monetary compensation - 31% 2011 EMPLOYEE TRAINING $749 Average time per employee 39.3 hours Average cost per employee LOCATION 21.9% Online or Via Computer TRAINEES Managers, exempt - 24% Non-exempt employees - 41% 41.6% Classroom with instructor Non - managers, exempt - 25% Executives 10% AVERAGE COMPANY TRAINING BUDGET $256,000 SMALL COMPANIES $1.8 Million MEĎIUM COMPANIES $12.7 Million LÁRGE COMPANIES RETURN ON INVESTMENT: EMPLOYER ADVANTAGES • Improve employee performance • Maximize workflow efficiency Gain perspective on company practices • Increase company-wide credibility • Expand and explore growth potential • Establish positive workplace environment TIME WELL SPENT: PROGRAM PERKS • Flexibility in times, dates, and location of training • Ongoing feedback with pre-training needs assessment and post-training support • Affordability for any budget Expert training and professional instruction from subject matter specialists • Completely customized curriculum Workforce and Continuing Education Infographic provided by: www.continuingeducationportland.com МТ. НОOD COMMUNITY COLLEGE Sources: http: Etp://www.wiserwaystowork.con/resources/workplace_tips.shtnlaTKTRTT http://ww.tratntngnag.con/sttes/default/flles/trg_2011IR. pdf