Staying ahead of the competition goes beyond selling a great product or service. Fostering a team of skilled and adaptable employees is just as important.
With the majority of businesses concerned about employee retention — up to 93% according to a recent survey — organizations are prioritizing training and learning opportunities more than ever.1
Whether you’re a small business or a high-growth startup, organizations that invest in training new employees may be better equipped to navigate challenges and seize opportunities. Get started with our guide to developing an effective employee training program now.
Integrating a new employee into your organization is known as employee onboarding. This process typically involves introducing them to their role and responsibilities as well as your company's policies, procedures, and culture.2
No matter what kind of business you run, the goal of employee onboarding is to welcome new hires and provide them with the foundational knowledge and context they need to succeed in their job.
Ready to create your own training plan for new employees? Below, check out some of the key steps businesses can take to train new employees and set the stage for long-term success.
Start by assessing your training needs for the role(s) you’ve hired and defining clear goals and expectations.
Here are some pointers to help create a training plan and identify targeted learning objectives:
A well-designed program is at the core of any effective training. Here are some factors to consider when crafting a training program:
As you design your process for new hire training, take a page out of Gen Z’s playbook: The information you’re expecting employees to learn should be quick to find and easy to understand.1
Before you task your web team to create a new, high-tech training hub, take these tips into consideration:
Now you’re ready to identify individuals within your organization to oversee the training for new employees. Look for people who possess both expertise in the subject matter and a knack for effective teaching. You may also need to decide if you need to hire external experts for any portion of the training.
Make sure trainers have access to the necessary resources and support, whether that's new training materials or technical equipment. Plus, you may want to consider hosting trainer workshops to review best practices for training new employees.
When you begin employee onboarding, start with some basic information. This may include:
As your new employees work through their training, it’s important to monitor their progress and performance. Use these tips to help:
One of the best ways to cultivate a culture of learning with new and existing employees is to recognize and reward them. Here are a few places to start:
Looking to bring your employee training into the future? Check out these tech-focused strategies:
Nearly 90% of leadership and development experts agree that proactively building employee skills can help navigate the future of work.1 As you develop your framework for ongoing training and skill development, here are some strategies to consider:
What results can you expect when training employees? According to recent data, opportunities to learn and develop new skills are important to nearly 30% of applicants when considering a new job.1 As for employees, those who participate at least monthly in online or in-person learning are more likely to say that training opportunities help them achieve their career goals, adapt during times of change, and grow in their current role.1
Training both new and existing employees not only equips your workforce with the knowledge and skills needed to excel in their roles but also fosters a culture of continuous improvement.
Over time, businesses that prioritize training may gain a competitive edge by navigating industry changes, staying current with trends, and retaining top talent. Check out more employee retention strategies, plus tips to manage your employees.
In partnership with three expert business owners, the PayPal Bootcamp includes practical checklists and a short video loaded with tips to help take your business to the next level.
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