Training Videos Help with Employee Retention
With unemployment at a record low, employers may find it difficult to hang on to their top talent, making retention a prime priority.
“After extensive research, our data analysis team concluded: The average cost per hire is $4,425. It takes 36 to 42 days to fill an average position in the United States.” Zippia Career Experts
Did you know that without proper training, employees are much more likely to quit within the first year? Onboarding videos not only help new employees better understand job expectations, but they also provide a firmer grasp of their new position.
Companies lose thousands of dollars every time a new hire quits. Realistic Job Previews (RJPs) give potential employees a better idea of what the job entails and what is expected of them.
According to data provided by Investopedia, companies with 100 to 999 employees spend more than $1,000 per employee on training each year. That cost adds up for small business, as they spend on average $658 per employee more than larger companies.
Investing in Proper Training for Your Employees
Training videos can also lower the chance of injury on the job. Watching safety videos can be one of the most significant experiences for new employees. These videos lay out a consistent plan that includes levels of job expectation and can save thousands in on-the-job injuries.
Once employees are hired, companies need to provide adequate training so the new employee can do the work effectively and efficiently. Training turns out to be one of the most costly but worthwhile investments for a business.
According to a recent study by Training Magazine, “Companies spent an average of $1,286 a year on training per employee in 2019. During the same year, employees devoted an average of 42.1 hours to training.”
Safety protocols create best practices for your company and help your workforce feel valued. Demonstrating these safety protocols to enforce job expectations is not only smart but essential for worker safety and employer confidence.
5 Tips to Prevent Workplace Injuries
- Create onboarding videos that show the physical demands of the job.
- Develop safety training videos to use equipment.
- Educate employees and staff on best practices.
- Lay out clear safety protocols and expectations in emergency situations.
- Provide videos of proper use of equipment.
Frame One Media is here to help you with all your Recruitment and Employee training videos. CONTACT US to get started.