In the current economic climate, it has become tougher for companies to attract and keep top talent. Companies are also under increased pressure to demonstrate return on investment as well as employee engagement. This is especially true when it comes to capital-intensive initiatives like a new software system or data integration project.
The benefits of a train and hire model are clear: Hire, train and deploy employees in less time than it takes most other companies to complete the same task. But what are the benefits of implementing this program? Let’s look at some of the primary reasons why you should incorporate this program into your organization right now.
Hire and onboard new employees faster
Onboarding new hires is a key process for any organization. It can take an average of seven to ten weeks for employees to feel completely comfortable in their new roles and three months to learn about the entire organization and its processes. This process can slow down an already slow hiring process and even increase costs if done incorrectly.
A hire-train-deploy model can help you recruit and onboard new employees faster and reduce the cost of new employee training. When implementing a hire-train-deploy program, you can customize your hiring process to reflect the best fit for a given role. You can also shorten the learning curve for new employees since they don’t have to learn everything about the organization and its processes all at once.
This can reduce the amount of time it takes to feel confident enough to contribute meaningfully to the team, as well as reduce the cost of new employee training.
Develop new talent faster and more effectively
Some organizations have achieved significant performance gains by hiring experienced talent and “re-training” them. This approach is costly, time-consuming, and can take months. A hire-train-deploy program can help you hire the right talent and get them on board with the organization and its processes faster.
This can save time and effort and can enable you to focus on your core competencies. A hire-train-deploy program can also help you hire people who are better suited to particular roles. This can help you avoid hiring people who aren’t strong enough to do certain tasks or hiring people who would excel at other tasks.
It can also help you avoid hiring people with bad attitudes or people who don’t fit into your culture. A hire-train-deploy program can help you identify and hire the best talent and effectively train them.
Increase employee retention
Organizations that have tried to re-train employees who were hired using a hire-train-deploy model have found that re-training is expensive, time-consuming, and takes months. The cost of re-training an employee can increase retention costs by several percentage points.
When you implement a hire-train-deploy program, you can save time and re-train your employees using more effective methods. When you implement a hire-train-deploy program, you can use shadow training to help new hires get up to speed quickly. Shadow training is when an experienced employee mentors a new hire without officially being their mentor.
Shadow training helps you re-train your employees more effectively, and it can also help new hires get onboarded faster and ease their transition into their new roles.
Reduce training costs and time to mastery
Training time is a significant expense and often a source of frustration for managers. They often wish they could have more time to focus on strategy and management rather than spending time on instructional activities. When you implement a hire-train-deploy program, you can use shadow training to help new hires get up to speed quickly and reduce the cost of training.
Shadow training is when an experienced employee mentors a new hire without officially being their mentor. Shadow training is a more efficient way of re-training your employees, and it can also help new hires get onboarded faster and ease their transition into their new roles. A hire and train program can help you reduce training time and costs.
Flexibility to Adapt Technologies
By hiring and training new employees who are already familiar with the company’s technology, you can reduce risk. If the new hires don’t understand the technology well, they could make mistakes that cause problems for the business. By putting them in a controlled training environment where they can learn from experienced employees, you can ensure that your new hires will be successful.
It also provides people to companies with flexibility as they can adapt new technologies to their work environment as needed. This is especially important when it comes to employees who are working on new technologies that are unfamiliar to them. As a result, companies should consider using this approach when they want to adopt new technologies.
Establish an inclusive culture from the very beginning
When companies start a new initiative or hire new employees, it’s common for managers to make assumptions about how their team will operate. Sometimes, these assumptions may not be accurate and may even be harmful to the well-being of the team. A hire-train-deploy program can help you build inclusive culture from the get-go.
Because you introduce employees to the organization, your culture, and its values from the moment they start working. In a hire-train-deploy program, you’re not just hiring new employees—you’re also bringing them into the organization and, by extension, the rest of the team. For example, if you’re deploying software, they’re likely going to have to interact with the software and work with the technology team in some capacity.
Companies that have implemented a hire-train-deploy model have seen significant results. For example, a study in the mid-2000s found that organizations that had implemented a hire-train-deploy model had 25% lower absenteeism, 30% higher employee satisfaction, and 15% lower costs for training.
It’s important to note that these results were achieved by organizations that had already built a culture of inclusion and transparency. If your company is starting from scratch, it may take time to get to the same point. A hire-train-deploy program can help you start that journey sooner and more effectively.