High Turnover and Its Impact on Training
A recent study by the Association for Talent Development (ATD) has uncovered a pressing issue for professionals in talent development—high employee turnover.
With fluctuating staffing levels, nearly 50% of survey respondents are uncertain about how to effectively enhance their training efforts.
The survey engaged 334 experts in talent development and revealed that many organizations rely heavily on managerial on-the-job training to meet their front-line training goals.
However, the persistent challenge of high turnover hinders these initiatives.
While an impressive 80% of those surveyed feel confident that turnover can be managed to facilitate necessary training, nearly half admitted they lack clarity on how to achieve this.
Current Training Strategies
When it comes to training strategies, the survey highlighted common practices such as managerial coaching, job shadowing, and knowledge sharing among teams.
Notably, a striking 84% of respondents stated that they have yet to integrate artificial intelligence into their front-line training programs.
Concerns linger regarding their teams’ readiness to embrace AI-driven solutions.
The preference for on-the-job training aligns with earlier findings.
A 2021 report by the Milken Institute and Infosys demonstrated that employees and managers alike view on-the-job training as superior to other training formats, like certifications and online courses.
Bridging the Development Gap
On-the-job training can take many forms.
For example, Bosch has incorporated it into extensive apprenticeship programs designed to prepare individuals for fulfilling long-term careers.
Innovative methods like site-specific training have also emerged, showing potential for enhancing performance, engagement, and motivation, as highlighted in a recent report from Intertek Academy.
As we step into the new year, organizations have a chance to bridge the existing development gap between front-line workers and office staff.
However, merely offering training isn’t a cure-all for employee burnout, as previous research from Axonify has shown.
To effectively support their teams, employers may need to consider improving compensation, benefits, and available resources.
While many organizations remain hesitant to incorporate AI into their training strategies, employees are taking initiative in their own development.
A current report by Moodle indicates that over half of U.S. workers are utilizing AI tools to complete required training, showcasing a proactive approach that can enhance adaptability and resilience in the workplace.
The findings from this survey pave the way for refining training processes amid turnover challenges.
With a commitment to innovation and robust support for employees, organizations have the potential to transform obstacles into opportunities for growth as 2024 unfolds and beyond.
Source: HR Dive