A 2014 report released by the Association for Talent Development found that companies spend, on average, $1,208 per employee on development and training.
The same study found that the number of hours devoted to training continues to climb, and this past year it averaged 31.5 hours per employee. This results in an average of $26 per training hour for each employee.
As it has across every aspect of company training and communications, technology now has a key role in improving onboarding for new hires. A key component of technologically advanced onboarding experience is video.
On-boarding videos save time and money because they are able to do many things at once. They train new employees in a timely, consistent matter, and allow the trainees to onboard without the help of numerous coworkers, who would be taken away from their duties.
Instead of spending your time answering questions or repeating yourself, put the process in a corporate training video.
You can even include frequently asked questions. This will help the trainees do their work without interrupting yours and keep the training process consistent.
If your company has multiple branches, your employees work from home, or will be doing their onboarding away from the office, a corporate training video is a very smart option for the onboarding process. Mailing copies of the training content is expensive. Printing the content is inefficient. Corporate training videos cut down the time of mailing and printing, and also save money. Plus, the less we print, the more we help our environment. Videos can be sent out through email or shared via a cloud based system. This is a free way to share your content immediately, and an effective way to prepare your new employees.
The ability to deliver a consistent onboarding process throughout your corporation, no matter if it’s one branch or many, is key. Employees must be trained consistently in order to be adequately prepared. This also keeps company branding consistent. Each location must function the same and each employee must have the same knowledge of the company or customers will become unhappy. Imagine moving to a new state, and finding your favorite chain restaurant nearby. You go in and order your favorite dish and it comes out nothing like you are used to. This is why consistency throughout a company is key. Video can help create consistency no matter where your business or employees are in the world.
Multiple studies have shown that employees learn better from corporate training videos than written content or in-person lectures. According to researched complied by 3M, visuals are processed 60,000 times faster than text, which means you can teach your trainees much faster with a video, than with text or a trainer. This innovative approach allows organizations to effectively teach employees the skills they need and ensure the learning sticks. Having all employees watch the same video guarantees they all learn the same exact process, and the same exact information in the same amount of time.
With a corporate training video, onboarding will occur in less time, but will yield greater results. Employees can apply what they learn sooner and more effectively. All of these improvements add up, especially when multiple new hires or multiple locations are factored in. This is one benefit your company can not ignore. Video will not only save your new employees time, it will save you and your coworkers time. Making the video available to new hires after the onboarding process can also increase productivity, because they can go back and review it if they forget something, instead of distracting a coworker. Instead of spending your time training new employees, put the process and your knowledge into a video, and let it do the work for you.
Make your expertise available, make time during your day and empower your coworkers. Add a corporate training video to your on-boarding process.
Interested in making an on-boarding video for your new employees? Check out our portfolio to see how we have helped other companies.