The Logistics of Developing Productive Employees
Do I really need to provide training to my team?
Here are some of the top reasons freight brokers are focusing on their greatest asset (their people) by offering professional development training.
- The more engaged, the more productive
Starting a professional training and development program results in more engaged employees. They will see the company places value on its employees and is willing to invest in their potential. According to the Society for Human Management (SHRM), employee engagement is tied to employees’ connection and commitment to their work and their particular organization. Providing employees with development tools enable them to feel confident they can meet their work goals, which is a significant way to boost efficiency and increase productivity.
- Keep good employees
Most people will change jobs 3-4 times in a decade. While some may think pay is the top reason for attrition, it is usually not. Each employee has different factors that drive them, including growth, recognition and culture. These drivers could all be boosted with implementing an effective training program. You can meet your employees’ needs for professional growth and increase their likelihood of staying with you.
- Pay for training, or pay for turnover
Employee attrition could cost 12 to 18 months of salary for each leaving manager or professional, and 4 to 6 months’ pay for each leaving clerical or hourly employee. Rather than paying for unemployment compensation and hiring expenses to find a replacement, a training program will prevent some of the turnover your company is burdened with.
- Create innovative and collaborative teams
Companies can create stronger teams that perform at a higher level by continually training them. Empowering employees with more skill development will not only impact their satisfaction and work product, it will also improve how they work with other team members. Stronger teams result in stronger companies.
- Save time
Many managers know employee training is important, but don’t actively take action on implementing a program. A lot of times managers just don’t know what to do or have time to do it. A professional development program can help managers save some of the time they would have to spend personally training employees. The training program should be one that management can also utilize to continually develop their leadership skills. SHRM has found that expanded knowledge could lead to enhanced organizational processes and increased productivity, which can also result in saving valuable time.
- Increase communication
A training program also gives managers and employees a way to better communicate about the employee’s goals and development. Employees want consistent communication, and feedback is critical for developing trust between employees and management, a top contributor to employee satisfaction.
A training program combined with a rewards and recognition system is a powerful way to reinvigorate your company. Business performance will increase as your employee engagement increases.
Join us for a free webinar on
TRAINING & YOUR BOTTOM LINE
This powerful webinar will show you how providing professional development for your employees will create a healthier culture and a more productive work environment, which will produce a dramatic, positive impact on your company’s bottom line.
Brokertrain is the training platform for freight brokerage companies to empower employees with strong sales, leadership and service skills needed for business growth. Brokertrain is designed to accelerate your company’s performance, results, and profit. Brokertrain is a subsidiary of TranStrategy Partners, Inc. For more information about Brokertrain, visit www.brokertrain.com
About TranStrategy Partners
TranStrategy Partners coaches entrepreneurs to transform their organization into a vigorous and more valuable business. Our expert consultants collaborate and guide you and your organization through a holistic coaching approach that delivers accelerated growth, higher profits and re-energized staff. Guaranteed! Visit www.transtrategypartners.com to learn more.
 Employee Job Satisfaction and Engagement. Society For Human Resource Management, 2016, https://www.shrm.org/hr-today/trends-and-forecasting/research-and-surveys/Documents/2016-Employee-Job-Satisfaction-and-Engagement-Report-Executive-Summary.pdf. Accessed 28 Oct. 2016.