Benefits of On-the-Job Training
November 2, 2022 8:06 amHave you ever heard the old saying that “to get a good job, you need experience, but to gain experience, you need a job?” This double-edged sword is a problem for many young professionals just graduating from college who are hoping to land their dream job in the field of their choice.
How do you get experience without a job? One answer is on-the-job training that many businesses are turning to gain talented employees who just need a little more experience.
Let’s take a little closer look at this component of work-life and how it can be a benefit to both the employee and the company as a whole.
What Is On-the-Job Training?
Let’s start by looking at what On-the-Job Training is and how different employers use it to help educate and strengthen their workforce, especially as new technology is rolled out.
Indeed, the online job finder app explains that On-the-Job (OJT) “usually involves a combination of observing others and hands-on experience completing tasks under the supervision of a training manager, coworker, or outsourced professional training.”
Depending upon the company and the type of work, OJT may be more formal or run by mentors in the company who are veterans in their position.
Advantages of On-Site Training Programs
Whether it’s a coworker or a professional training company training your employees, there are many benefits to conducting this type of education program both for the business and the employee.
Earn As You Learn
For employees, one of the biggest benefits of OJT is the ability to gain experience while also collecting a paycheck. This training and learning acquisition allows for employees who may not have enough experience to acquire the necessary skills for the new position and help the employee grow their skillset.
Team Atmosphere
During the training phase of employment, many people notice that training with members of their team allows for a learning culture and a team atmosphere that may not be as ingrained in companies that do not utilize OJT.
Better Job Performance
Training, while doing the job, allows for better overall job performance. When team members or third-party companies train employees, there is a sense that questions are always allowed and mistakes are a natural part of the process. By asking those questions and making occasional errors, eventually, the employee will perform better and potentially in a more efficient manner.
Improved Retention Rates
For employers, there are benefits as well to the OJT programs. One of which is being able to retain employees who have been properly trained specifically to your liking. This training can lead to better retention and higher quality candidates being interested in the positions in the first place.
Financial Benefits
In addition to improved retention rates, employers can also see the financial benefits of training an employee while doing the job. On-the-job training allows for work to continue (albeit at a slower rate) than paying for professional training or classes. Rather than attending expensive conferences or training sessions, employees can learn on the job from coworkers and supervisors.
If you are pondering an OJT program, take these points into consideration and talk to our team about training and how it can benefit both your workforce and the company as a whole.
Categorised in: Blog, employee benefits, employee issues, Employee retention