The Hidden Cost of Untrained Employees [Video]
As a business, your greatest asset is your employees. If you’re not continually developing and refining their skills, you’re missing out on a major opportunity to improve your organization. Here are a couple of hidden costs associated with employees who have not received training.
Inefficient processes: The less training an employee has, the less efficiently they will be able to work. While training does take time, that initial investment is usually outweighed by how much more quickly your staff can accomplish its work afterwards.
Turnover. If an employee feels like they’re not growing and developing in their position, they’re less likely to stay for the long term. Constantly hiring replacements can hurt morale and sap resources.
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