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9 creative and cost-effective employee training and development ideas

Insperity

Training and development initiatives are important because they help ensure your staff continually improves and keeps their skills current. Here’s how to educate your employees without breaking the bank: 1. When thinking about how to improve your training and development programs, don’t be so quick to focus on what you’re NOT doing.

Training 237
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How the Best Companies Are Using AI to Upskill Employees

Great Place to Work

One way that artificial intelligence — in particular generative AI — promises to transform the workplace is in employee training and development. The World Economic Forum reports that six in 10 workers will require training before 2027, but only half of workers have adequate access to training opportunities.

Banking 108
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Cross-training staff: A guide to effective implementation

Insperity

Cross-training staff has long been viewed as a way to groom future managers. While cross-training may seem like a no-brainer, it is not without risks. Here’s what to know when cross-training staff: Why is cross-training important? Cross-trained staff can provide safeguards for these contingencies.

Training 184
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Summer hiring guide: The legalities of employing teens & family

BMT Office Administration

Direct Deposit and Paycards: Encourage teens to open bank accounts for direct deposit but be sure to obtain consent if using paycards. Training Similar to Classroom Instruction: The internship should provide training comparable to what students would receive in a classroom setting.

Legal 244
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Will robots take my job? No, if you read this.

Insperity

Take bank tellers, for example. With the creation of automatic teller machines (ATMs), the demand for bank tellers has greatly decreased. Offer employees training and development opportunities. It’s another level of peace of mind if they know they work at a company that offers a variety of training materials for them to access.

Software 206
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Workplace violence prevention: 8 tips to improve office safety

Insperity

Are you located next door to a bank that could be robbed? And, if you’re regularly transporting cash, such as bank deposits, don’t follow a set schedule. Train your employees to recognize potential danger. Do the other businesses around leave you more vulnerable? Is there a government office on the floor above you?

Security 162
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5 habits of effective leaders in the workplace

Insperity

Snagging the latest best-selling book or watching a TED Talk are popular and effective ways to add to your knowledge bank. Interpersonal relationships, however, offer a wider range of opportunities and take nothing from the training and development budget.