The Impact of Entry-Level Training
Employees are the lifeblood of an organization. Retaining them is critical for employers in today’s labor market. Finding inexperienced employees is difficult, let alone identifying candidates with enough experience to hit the ground running.
In the current climate, we often hear reports of new employees routinely failing to return to work after the first few weeks on the job and, in some cases, after only a few days. As employers, what can we do to ensure we provide an attractive environment that encourages the buy-in needed for a new employee to see opportunity?
Turnover Costs Time and Money
According to the Human Capital Institute, 20% of new hires resign within the first 45 days of their role, representing a massive loss to the company concerning time and money spent on recruitment. Recruitment pre pandemic was already an expensive task. In the current climate, companies are experiencing increasing numbers of interview no-shows that waste the time of HR personnel which has increased the costs substantially. That makes it much more important to focus on retaining those candidates who make it through the selection process.
Turnover Negatively Impacts Existing Staff
Turnover like this also negatively impacts existing staff. A new hire’s departure causes the rest of the team to question their roles. Human Capital Institute states that new hires decide to cut their time short for several reasons. Chief among them are:
- Unmet expectations created during the recruitment phase
- A lack of clarity about their role
- Poor or overbearing management
- Limited opportunities for self-development
Training Helps Employers Mitigate Turnover
Initial training can help employers mitigate turnover by preemptively addressing these points. Employers can better define expectations advanced during the recruitment phase, define career paths, and share processes and outlets for reporting issues with members of management.
Time spent with new employees during initial training sessions also allows for additional observation of the new employee in a work environment without the recruitment and selection process pressures. In this more “relaxed” environment, employers may have the opportunity to observe adverse behavior that didn’t manifest during the recruitment stage.
According to Business & Industry Connection Magazine, initial training positively impacts productivity, efficiency, and retention by helping to make employees feel valued.
Entry-Level Training Helps the Construction Industry
Some estimates are that 78% of companies in the construction industry are having trouble finding skilled workers for their teams. Training inexperienced entry-level workers also ensure a qualified team that can support a company in the future in instances where experienced workers are hard to come by.
Statistically, investing in entry-level training is a no-brainer. Retention rates rise 30-50% for companies with strong learning cultures, and 86% of millennials say they would stay in their current position if their employer offered training and development.
What About Staffing Providers?
When we evaluate the impact and need for training, another aspect to consider is that the construction industry relies heavily on third-party providers to supplement its workforce. One estimate puts temporary workers at about 16 % of the overall construction workforce. Turnover in the contingent workforce can have a similar impact on the bottom line and team morale as internal turnover does. Safety is also an essential factor here. For a company to completely mitigate risk, it is equally important to partner with staffing providers who take a like-minded approach to initial training.
The First Choice For Top Texas Electrical and Special Systems Contractors
Many top electrical and special systems contractors turn to TradeSTAR when they consider hiring entry-level employees because of the training we provide. TradeSTAR offers classes designed to give entry-level candidates a competitive edge on the job site. These classes help shorten the learning curve and increase productivity while providing clients with better-trained employees. Candidates attend our eight-hour low voltage wiring course designed to establish a baseline knowledge of installation for voice, data, and fire alarm systems. Classes are based on TIA/EIA Standards and The National Electric Code. Learn more about our training program here.
Since 2004 TradeSTAR has trained thousands of entry-level candidates who have had successful careers in the construction industry. Many hold leadership positions at the same companies we placed them with years ago. Feedback from our clients suggests that TradeSTAR-trained entry-level helpers outperform helpers from other staffing providers. Feedback also suggests they have fewer safety incidents, stay on the job longer, and are hired directly at a higher rate. See for yourself what our clients are saying.
If you are a safety-conscious electrical or special systems contractor focused on identifying, training, and retaining talent and need a trustworthy staffing partner with a like-minded approach, then you need TradeSTAR.
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If you’re looking for a great new opportunity, please contact us today.