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Performance Management

How Company Performance Improves with Performance-Based Training

February 27, 2019
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3 min read
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Learning activities tend to be disconnected from operational needs. Employees are stuck going through the same generic training modules, which are years old and time-consuming. Yet, better performance is the ideal outcome of learning. Why do we bother training employees if they can’t bring it into a real application?

By going through certain actions, we learn different skills, techniques, etc. In regards to employee performance, we talk about actions which drive career results through effective time management, knowledge, skills, technology and other aids.

Even when a training program is highly constructed and employees ace the final, your organization may not see improved performance. These learning activities aren’t necessarily what employees produce in real practice. Switch to performance-based training to make your training hands-on, customized, relevant and measurable.

What’s the point of training employees if they can’t apply it to practice? Discover how #PerformanceBased training can help your organization achieve just that @ClearCompany:

What is Performance-Based Training?

Performance-based training focuses not only on teaching everything relating to the subject matter but also about analyzing each employee’s job performance, past learning success, projected outputs and tasks to be done in order to achieve certain business objectives. By supporting this behavior you’ll see more consistent, productive results.

Performance-Based Perks

Effective performance management is associated with better business outcomes. Even though many employees may dislike these two words, they fail to see the true goal and benefits of a solid performance management process.

Use performance management as a tool to develop your team members and get real results. Learning and development is a long-term investment expected to yield impressive outcomes. Take a look at how your company’s performance can increase with performance-based training:

Decreased Training Time & Costs 

Developed with specific goal requirements and performance-driven factors, performance-based training programs can be more cost-effective. Since they target certain areas of improvement, employees aren’t wasting time going over irrelevant material or putting resources toward unnecessary topics that employees have already learned or do not need for their specific challenges.

More Productivity and Efficiency in the Office

When you provide team members with relevant and timely training, the gap between training and application of a performance management process becomes almost non-existent. Not only are they becoming competent in the required material faster, but employees make fewer errors that have frequently occurred out of lack of knowledge. Continuous training based on performance enhances employee competency by giving your workforce premium knowledge.

Increased Profitability & Customer Satisfaction

Highly-skilled team members produce excellent services, ergo they improve the customer satisfaction rate. Happy customers are more likely to praise a company in their social circles and in turn, the customer base grows. In addition, your business’s competitiveness may increase.

#PerformanceBased training analyzes each employee’s job performance. Use these @ClearCompany techniques to achieve your objectives:

Enhanced Employee Retention

Expand your talent pool through performance-based training. As people move on from your company, get a promotion or transfer to a different department, it takes additional time to get readjusted. Use cross-training to bridge the gap between what employees currently know and what they are expected to know. By preparing your employees for the future, they are more likely to stick around and increase your employee retention rate.

Improve KPIs

Key Performance Indicators (KPIs) are closely tied to performance-based training. Identify skill gaps by determining current employees’ strengths and weaknesses. You can compare the overall results to pinpoint common challenges and determine how to solve any issues.

Improve Employee Experience & Engagement

66% of HR employees believe employee engagement has increased over the past year, yet only 34% of non-HR employees surveyed feel more engaged than they were 12 months ago. Performance-based training can help increase these numbers since it’s people focused. Good training can make team members feel prepared with the necessary knowledge and skills, as well as empower them to work through any challenges they may face. Try setting clear goals so everyone knows what is expected of them. Often times they’re more likely to experience job satisfaction with defined expectations.

Ready to help transform your employees’ performance with performance-based training? Set your team up for success by getting the necessary base tool, performance management. Explore your free demo today!

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