Hiring top talent but failing to provide them with the relevant training programs is a good way of losing them in the long-run. According to various HR studies, 94% of employees tend to stay at a company longer if they feel that the company is investing in their career development. In addition to this, the cost of rehiring an employee is up to 150% of the worker’s annual salary.
Stats like these highlight just how crucial it is to have a well thought of employee training methods, something that a PEO company in Germany can help you with.
The PEO companies provide a wide variety of services including training, employer of record services in Germany and making you compliant payroll in Germany.
Here is a list of 5 Types Of Employee Training Methods To Jumpstart Your New Hires
1. Classroom Training
This is one of the most widely used types of training methods. A facilitator leads the group thus allowing for in-person feedback, clarification of concepts and Q&A rounds.
2. Technology-Based Training
This training method doesn’t require a “live” facilitator. It is done via computer programs, websites or apps. Tech-based training offers limited feedback but is a good way of giving the basic important information to the new hires so that their onboarding is smoother.
3. Hands-On Training
This is a project-based, practical approach that allows the new hire to start working directly in their new roles in a safer environment. This is one of the most preferred training programs and is listed as one of the best learning methods. It also creates an environment of confidence for the new hires to start performing in their new roles and thus increase the retention rate in the long run.
4. Video Training
This one is similar to technology-based training and is easy to implement. In order for a video training method to work, the videos must be well-produced, interesting to the trainee, extremely focused, and of a reasonable length.
5. Role-Playing
Role-playing is an effective training method for the problem-solving type of situations. By giving a hands-on knowledge on how to deal with difficult situations, you are giving them a preview of what they may encounter in their real professional lives and thus prepare them for any unforeseen or difficult situation that may come their way. This kind of training method can work wonders in decreasing escalations in the company.
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