THE ROI OF TRAINING

turn knowledge into profit.

Maximize your competitive advantage.  Maximize the success of your employees.

 

The need to develop employees to be competent, confident, knowledgeable and skilled in customer service and sales plays an important role in business success. Why? Quite simply because a business's competitive advantage is no longer limited to price as online and big box retailers have disrupted the traditional retail model. There is however, a competitive advantage that the locals have over the internet - your employees.

 

Training is what helps you make the most of it.

 Training creates effective, efficient on-boarding.

You want your new team member to be able to hit the ground running and, if the employee is temporary or seasonal, the time factor is even more significant. Inefficient or lack-luster training causes frustration, reduces engagement and lowers productivity and satisfaction.  With a structured online training program you can:

Bring your team on board in days, not weeks;

DID YOU KNOW?

TRIFT can automatically have your new team members assigned to learning paths with due dates so you know your team is learning what they need on Day One.

Customize your on-boarding to the job or role;

Help your team hit the ground running.

Training improves performance and work behaviors.

Your employees cannot perform their best if they do know what to do. Training communicates your culture, your values and your requirements to each and every team member. This translates to respect from employees to the company and improves performance across all measures.  Some of the direct benefits directly related to training have included:

38% Decrease in Absenteeism

SOURCE: 2017 GALLUP AMERICAN WORKERS REPORT

6x Increase in Productivity

SOURCE: ZENGER & FOLKMAN

SOURCE: 2017 GALLUP AMERICAN WORKERS REPORT

262% Increase in Engagement

CUSTOMIZE YOUR TRAINING

You can assign training by role or  job function and create custom messaging to include for your team.

... and helps you retain your best and brightest.

You do not want to lose your top performers to your competition especially when the cost to replace an employee is typically about 1.5 times the person's salary. 94% of employees state that they are more likely to stay with an employer who has invested in their skills and professional development.  

(SOURCE: LINKEDIN 2019 WORKPLACE LEARNING REPORT)

30-50% Higher Retention Rates

LINKEDIN WORKPLACE LEARNING

8-10% Increase in Company Commitment

SOURCE: 2017 GALLUP AMERICAN WORKERS REPORT

MAKE LEARNING A PART

OF YOUR SOLUTION  

STAND OUT FROM THE CROWD
training is your value differentiator

As the business landscape becomes increasingly competitive, effective and creative learning and development programs can be your signature differentiator from the competition. Does it matter?  Absolutely, especially among millennials who report that the existence of training and development programs is "very important" when considering a job offer.    

learn how TRIFT can help.

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