Career Training

Corporate training is a means of providing learners with the knowledge and skills they need to perform their jobs at a high level. This is typically the responsibility of the Learning and Development / Talent teams in larger companies and the Human Resources department in smaller organizations. They’re responsible for identifying training needs, developing training programs, and making it available for employees.

Advantages of Corporate Training

Corporate training is critical to the success of any business. Your employees are the powerhouse behind what you do, so helping them increase their knowledge and improve their professional skills will only boost your business. Here are at least four reasons why you should care about this. 

Increased efficiency

Well-designed training that meets employees’ needs makes your workforce more productive and efficient. Over time, these improvements will make your company more profitable.

Increased motivation

Training programs help individuals, teams, and departments unite as a single organizational structure. Employees who know how their job role supports the overall mission and goals of their company can draw a line between “my work” and “my company’s success.” 

Building corporate culture

High-quality training aligns corporate values and strategy. Going beyond the basics shows that an organization is willing to invest in its staff over the long term. For employees, robust learning sends the message that “You matter to us.”

Types of Corporate Training Programs

Various companies may have several different training programs, depending on their size, diversity, and the specifics of their business. Here’s a list of the most common types of corporate training programs:

1. On boarding and orientation

This kind of training is hosted right after a newly hired employee comes to the workplace and continues until they are able to work independently. Its main aim is to streamline the new employee adaptation process – help them feel comfortable and become productive faster. 

The on boarding training program is quite flexible but is typically broken down into two main parts:

• Training for all new hires. It provides the general information about the company, its history, mission, vision, and values, as well as corporate policies and regulations.
• Specific training for a particular role. This is focused on developing basic knowledge and skills that are necessary for a new hire to acquire for a certain position. 

2. Compliance training

Compliance training is often a part of new hire on boarding and has a mandatory nature. It is typically a formal program that is focused on company policies or rules that enable employees and employers to prevent both problems in the workplace and violations of the law. 

These policies and procedures are usually job or industry-specific. Location can also influence what staff should be compliant in and what kind of training is required. For example, compliance training can include anti-harassment and diversity training programs, business ethics, workplace safety, and data protection and privacy training. 

3. Hard skills training

No matter how professional your staff members are, there’s always room for improvement. Hard skills are a core of employee development because this kind of training helps employees to improve the skills they need in their role to become even better professionals. For example, a graphic designer who has mastered Photoshop can go further by learning how to work in other design applications, or a programmer who is great at coding in CSS and JavaScript, can undergo further training to learn to program in Python. Employees need to train on a regular basis to stay current with the latest developments.

4. Soft skills training

How your employees behave is equally important to what they know – that’s why soft skill training should not be overlooked. Studies have shown that by mastering soft skills, employees can positively affect the company’s success and increase ROI.

Soft skills relate to interpersonal relationships and involve things like communication, problem-solving, and decision-making. They help employees to interact effectively and harmoniously with their colleagues and customers. They are important for bringing new clients, improving customer service, and building a solid team.

5. Product knowledge training

Product knowledge is a skill where your team members fully understand and can confidently speak with customers about what you offer: its features, benefits, uses, and costs. This training is often included in the on boarding program for new hires. It also can be useful for employees who need to refresh their knowledge on the company’s products and services, and is conducted when a new feature or a new product is introduced so that the staff is always up to date. 

Good product knowledge training is a sure way to improve both sales and customer satisfaction metrics in the company.