The Key to Surviving the Recession – Invest in current Staff
The Key to Surviving the Recession Invest in current Staff
In a period of financial belt tightening, it is important to try and cut down on unnecessary expenditure and become more efficient as a business. Staff are an obvious target for cutbacks, whether it means reducing numbers, stopping scheduled training or reducing hours.
However, one way to save money in the long run is to train staff so that they can become skilled in various aspects of business. If one member of staff can be trained to perform two jobs, then it is cheaper and more beneficial to the company and the member of staff to do so. The company will save money in the long run, and the member of staff will become more valuable to the business. One example of how this could work is by training existing staff in how to train others.
What are the benefits of training a manual handling trainer?
Practical training such as manual handling is an important aspect of every business. Companies are required to train every member of staff. Most companies will seek to contact a specialist manual handling trainer who will charge on average between 500-1000 per day. This is a large outlay for any business, especially SMEs. However, there is a solution.
Cannot afford to bring in an outside trainer? Then train your own!
Compared to hiring an outside trainer, sending a member of staff on a two day course run by a qualified train the trainer manual handling teacher usually costs around 500-600. By sending an existing member of staff on such a course, a business can have its own in house trainer and stops the need to hire an expensive outsider.
Save money in the long term
By having an in house manual handling trainer, the amount of money that could be saved is remarkable. Training two new batches of staff per year in manual handling using an outside trainer could cost up to 2000. If your business has a high turnover of staff this could become very costly. By investing 500-600 in training an existing staff member to become a trainer, it could work out as a saving of over 1500 per year: a real saving that could dramatically affect profitability.
Appreciative Staff
One thing that members of staff appreciate is knowing that their employer is investing in them. If an employer shows they intend to invest time and money in improving their skills and qualifications, then staff will be more loyal and happy in the work place. It can be a real boost in morale, which is always makes good business sense.
It is true that companies do have to seriously look at trying to cut back on unnecessary expenditure. But it is important to think about long term savings and how you can get more from less. Investing in staff is one way that this can be achieved.
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