Let’s face it: not everyone gets excited about employee training. Employees themselves often dread it. On the other side of things, upper level management and executives are often more focused on the bottom line and keeping costs low. Fortunately, looking at the economics of employee safety training reveals that there are plenty of ways to discuss the importance of a good onboarding program while simultaneously focusing on your company’s finances.
The primary consideration with any safety training is how well it prepares employees for the hazards associated with performing the many tasks demanded of them. Specifically, it should focus in on those dangers that are most prevalent and that are most likely to cause an injury, and it must convey this information in ways that ensure employees are able to retain it.
However, there is a second side to the safety training discussion. It’s no secret that successful employee onboarding costs money, and it’s also no secret that executives don’t want to spend any more money than is necessary. For this reason, it is important to be able to explain the economics of employee safety training and the financial upside to developing and implementing a strong onboarding plan.