Benefits of Retraining Employees
If your company has evolved significantly lately, or you have noticed a drop in productivity, it is tempting to consider hiring new employees to replace your current team members who may be leaving slack. Retraining your current employees, especially retraining them in how to utilize your software solutions for business, is often a much better use of your resources. They are already familiar with your company, so the extra training usually goes further than providing training for fresh employees. Overall, retraining is cheaper, more efficient and often yields better results in many cases.
Here are several reasons why studies have found benefits to retraining employees:
• When you let current employees go, you have to spend time with the paperwork, time searching for replacements, and then even more time training those replacements. You also have to spend money in outplacement services or compensation packages. Retraining costs money, and can be expensive in some cases, but it is much cheaper than the alternative. Start by assessing your employees’ competency with your Apparel ERP or digital printing system, and investing in webinars or other training options to boost their knowledge and efficiency with your software systems before taking more drastic action.
• It is easier to keep retraining costs down than it is to minimize costs of letting an employee go and hiring a new one. Many companies offer free or reduced cost training options, and you can use training options that you already have access to as a software user. Consider all of your training options and pick the most effective one for the situation before proceeding.
You may also be interested in learning How to Incentivize Employees.
