10 Employee Training Types to Maximize Workforce Performance

Organizations must prioritize corporate training programs to foster a highly skilled and adaptable workforce in today's rapidly evolving business landscape. These types of employee training equip professionals with the necessary skills and enhance productivity, engagement, and retention. According to Society for Human Resource Management (SHRM), companies that invest in employee training and development have 65% more profit margin per employee than those that do not.

This blog will explore the 10 types of employee training organizations should consider to empower their workforce and drive success. From leadership and compliance training to onboarding and technical training, we will delve into the importance of each type and its impact on employee performance, company culture, and overall business growth.

Unleashing Employee Potential: The Power of Workforce Training

Employee training refers to structured programs and training courses designed to improve employees' skills, knowledge, and understanding of their organizational roles. It encompasses various training initiatives, including product training, soft skill training, and more. According to a survey conducted by LinkedIn, 94% of employees would stay at a company longer if it invested in their career development. Organizations can develop a highly capable and productive workforce by investing in an effective employee training program.

10 Best Corporate Training Programs in 2023

In today's fast-paced business world, mastering various corporate training topics is essential for success. The right types of employee training can enhance everything from leadership skills to technical expertise. So what are the standout corporate training programs of 2023?

This year's offerings set new standards, from Leadership Training that molds visionary executives to Compliance Training that instills critical regulations. Onboarding Training ensures a smooth entry for new hires, while Technical Training keeps your team up-to-date with the latest tools. Product Training and Sales Training are revolutionizing how teams understand and sell their offerings.

In the quest for a more inclusive workplace, Diversity Training is gaining ground, while Soft Skills Development Training hones essential interpersonal skills. Quality Assurance Training emphasizes operational excellence, and Customer-Service Training refines frontline interactions.

So, if you want to cover all your bases with types of employee training that address key corporate training topics, stay tuned. We've compiled the 10 Best Corporate Training Programs in 2023, each designed to prepare your workforce for the challenges ahead.

1. Corporate Training Program: Leadership

Leadership training is fundamental to developing effective leaders. Creative Leadership study found that companies investing in leadership development programs experience 37% higher revenue per employee. 

This corporate training topic enables employees at all levels to cultivate essential leadership skills, such as decision-making, communication, and strategic thinking. By nurturing strong leaders, organizations can inspire their workforce, drive innovation, and achieve long-term success.

In addition to the financial benefits highlighted in the Center for Creative Leadership study, leadership training contributes to improved employee engagement and retention. When employees are provided with opportunities for growth and development, they feel valued and supported by their organization. 

Leadership training equips individuals with the necessary skills to lead effectively and foster a culture of continuous learning and professional development. This, in turn, enhances employee satisfaction and loyalty, reducing turnover rates and increasing productivity.

2. Corporate Training Program: Compliance

This is one of the types of employee training that ensures ethical and legal practices within an organization. No compliance knowledge can result in severe consequences, including legal penalties and damage to reputation. 

According to a survey conducted by Deloitte, organizations that invest in compliance training experience 50% fewer compliance-related violations and misconduct cases. By providing comprehensive compliance corporate training programs, organizations can ensure employees understand their legal obligations, minimize risks, and uphold ethical standards in their daily activities.

Compliance training goes beyond mitigating legal and reputational risks; it cultivates an organization's culture of ethics and integrity. Through education on relevant laws, regulations, and industry standards, employees collectively comprehend ethical conduct and responsible business practices. 

These corporate training programs frequently incorporate case studies and real-life examples that vividly demonstrate the repercussions of non-compliance, emphasizing the significance of ethical decision-making. Consequently, employees are empowered to make knowledgeable choices, act with integrity, and actively contribute to a workplace that prioritizes and upholds high ethical standards.

3. Corporate Training Program: Onboarding

Onboarding training is pivotal in enabling new employees to transition smoothly into their roles and align with the organization's culture and values. Research published in the Academy of Management Journal shows that employees with a well-structured onboarding process are 69% more likely to remain with the company for three years. 

This is one of the types of employee training that includes orientation programs, mentorship, and clear communication of expectations. By investing in onboarding training, organizations set the stage for employee success, engagement, and long-term commitment.

Furthermore, onboarding training facilitates the rapid integration of new employees into the organizational ecosystem, accelerating their productivity and performance. Well-designed onboarding programs provide essential information about the company's structure, policies, and procedures, allowing employees to navigate their roles more efficiently.

Through orientation sessions, new hires gain insights into the company's mission, vision, and values, enabling them to align their work with the organization's overall objectives. By equipping employees with the knowledge and resources they need to succeed from the outset, onboarding training sets a solid foundation for their professional growth and contribution to the organization.

4. Corporate Training Program: Technical

Technical training is essential in technological advancements. It is said that technology is best when it brings people together. Technology empowers employees to acquire and enhance the skills needed to leverage technology effectively. 

A survey by Training Industry found that organizations that provide technical training have a 218% higher income per employee than those that do not. This is one of the types of employee training that lets employees stay updated with emerging tools, software, and processes, ensuring they can perform their job functions efficiently and contribute to overall organizational growth. 

Moreover, technical training nurtures a culture of innovation and adaptability within organizations. Given the rapid pace of technological advancements, companies must have employees with the latest technical skills and knowledge. 

Technical training programs provide opportunities for employees to stay updated on emerging technologies, tools, and trends, empowering them to embrace innovation and discover inventive solutions to intricate problems. Organizations can drive innovation, explore untapped possibilities, and sustain a competitive advantage in today's dynamic business environment by fostering a climate of continuous learning and technical proficiency.

5. Corporate Training Program: Product

Industry experts say product knowledge is the foundation of successful selling. Product training equips employees with in-depth knowledge about the organization's products or services. It enables them to effectively communicate unique selling points, features, and benefits, enhancing customer interactions and driving sales. 

According to Sales Readiness Group, companies that provide comprehensive product training to their sales teams achieve 15% higher win rates. By investing in product training, organizations empower their employees to become product experts, boosting customer satisfaction and increasing revenue.

Additionally, product training plays a crucial role in cultivating confidence and credibility among sales professionals. With a profound understanding of their products or services, sales representatives can speak about them authoritatively and address customer inquiries or concerns proficiently. 

This is one of the types of employee training that increases the level of expertise and establishes trust with potential buyers, positioning the sales team as informed advisors rather than mere salespeople. 

By dedicating resources to comprehensive product corporate training programs, organizations ensure their sales teams have the knowledge and skills to engage with customers confidently. As a result, customer relationships improve, leading to increased repeat business and positive word-of-mouth referrals.

As we transition from the ins and outs of Product Training to the nuances of Sales Training, it's an opportune moment to pause and assess your organization's current standing on these critical corporate training topics. After all, a successful product rollout is intimately linked with a skilled sales force. Understanding where your workforce stands regarding these trainings can offer valuable insights into the gaps that need to be filled and the strengths that can be capitalized on.

To help you gauge your organization's training needs, consider the following Multiple-Choice Questions (MCQs):

Now that you have assessed your organization’s status, request a demo with us based on the needs. 

6. Corporate Training Program: Sales

Sales training is crucial for employees involved in selling products or services. It focuses on developing essential sales skills and techniques, such as effective communication, negotiation, and relationship-building. 

This is one of the types of employee training that helps organizations equip their sales teams with the skills and knowledge to build strong customer relationships, overcome objections, and close deals successfully.

Sales training has significantly enhanced the sales process's efficacy and elevated sales teams' performance. Through tailored corporate training programs, sales professionals can hone their selling techniques, acquire effective prospecting and qualifying methods, and master the intricacies of closing deals. 

These training initiatives provide them with strategies to address objections, navigate complex sales scenarios, and cultivate enduring customer loyalty. By investing in comprehensive sales training, organizations empower their teams to consistently deliver exceptional sales interactions, resulting in heightened conversion rates, increased revenue, and a competitive advantage in the marketplace.

7. Corporate Training Program: Diversity

Diversity training promotes inclusivity, addresses biases, and fosters a positive work environment. Creating a culture of respect, understanding, and collaboration is crucial. According to McKinsey & Company, companies with diverse workforces are 33% more likely to outperform their competitors. 

By implementing these types of employee training, organizations demonstrate their commitment to fostering diversity and inclusion, resulting in improved employee engagement, innovation, and overall business success.

The Diversity training helps organizations mitigate unconscious biases and promote fair decision-making processes. Unconscious biases are deeply ingrained stereotypes or prejudices that influence our judgments and actions without our conscious awareness. By providing diversity training, organizations can raise awareness about these biases and their potential impact on workplace dynamics, recruitment, and career advancement. 

Employees can learn strategies to recognize and challenge their biases through interactive workshops and discussions, promoting a more inclusive and equitable work environment. This enhances individual decision-making and fosters a culture of fairness and meritocracy, where employees feel valued and have equal opportunities to contribute and succeed.

8. Corporate Training Program: Soft Skills Development

Soft skills development training focuses on enhancing employees' interpersonal skills, communication abilities, teamwork, and problem-solving capabilities. These skills are essential in today's workplace and contribute to effective collaboration and overall employee success. 

According to the Global Talent Trends Report, 92% of talent professionals believe that soft skills are equally important than hard skills. By investing in soft skills development training, organizations empower their employees to excel in communication, leadership, and adaptability, improving productivity and employee satisfaction.

These types of employee training play a crucial role in nurturing and enhancing leadership abilities across all levels of an organization. Effective leadership extends beyond technical knowledge and necessitates the capacity to inspire, motivate, and guide others. Soft skills training programs equip employees with the tools and strategies to cultivate leadership qualities, including effective communication, empathy, and emotional intelligence. 

By fostering these skills, organizations establish a pipeline of capable leaders who can adeptly manage teams, foster innovation, and navigate evolving business landscapes. Robust leadership not only enhances team dynamics and performance but also significantly contributes to the overall success and growth of the organization.

9. Corporate Training Program: Quality Assurance

Quality assurance training ensures that employees understand and adhere to quality control standards for products or services. It teaches employees how to identify and rectify errors, maintain consistent quality, and meet customer expectations. 

According to the American Society for Quality, organizations that invest in quality training experience a 46% reduction in customer complaints. Companies showcase their dedication to superior product or service quality by offering in-depth quality assurance training. This not only secures customer satisfaction but also fosters long-term loyalty.

Additionally, quality assurance training instills a culture of continuous improvement within an organization. Organizations cultivate a proactive culture that maintains high-quality standards by training employees to recognize and correct mistakes. Quality assurance corporate training programs often include root cause analysis, statistical process control, and quality management systems. 

Through such training programs, employees acquire the skills to scrutinize data, pinpoint opportunities for improvement, and execute remedial steps to elevate quality across the board. This commitment to continuous improvement leads to higher customer satisfaction, drives operational efficiency, and reduces costs associated with rework or customer complaints.

10. Corporate Training Program: Customer-Service

Service training is crucial to employee development, particularly for organizations prioritizing exceptional customer experiences. Service training arms employees with the expertise needed to provide exceptional customer service, adeptly manage client queries or issues, and forge enduring customer relationships.

According to a report by PwC, 32% of customers will stop doing business with a brand after just one bad experience. On the other hand, organizations that invest in service training experience higher customer satisfaction rates and increased customer loyalty.

Effective customer service training programs focus on developing key service-oriented skills, such as active listening, empathy, problem-solving, and effective communication. Employees learn to anticipate customer needs, exceed expectations, and provide personalized service through interactive workshops, role-playing exercises, and real-life scenarios.

By investing in comprehensive service training, organizations empower their employees to become brand ambassadors, positively impacting customer perceptions and driving business growth.

Training courses encompass many learning opportunities catering to employees' needs. These courses can cover various topics, including technical skills, leadership development, communication, and industry-specific knowledge. 

By providing various training programs, companies empower their employees to gain new competencies, stay in tune with evolving industry standards, and broaden their professional knowledge. This investment signals an organization's dedication to lifelong learning and career development, ultimately fostering a skilled and competitive workforce.

Benefits of Corporate Training Programs

After exploring the 10 Best Corporate Training Programs in 2023, let's focus on the benefits these types of employee training bring to your organization. Covering a diverse range of corporate training topics, these programs are more than a checklist; they're a strategic investment in your workforce.

What's the real impact of corporate training programs? The benefits are manifold, from enhancing operational efficiency to elevating employee morale. Keep reading as we explore the essential advantages across crucial areas of corporate training.

Conclusion

In conclusion, if you're an employer looking to provide comprehensive and impactful training to upskill your employees, Edstellar's corporate training programs are here to help. Our diverse portfolio of training courses encompasses everything from leadership and compliance to onboarding and technical skills. We also cover specialized areas like product knowledge, sales strategies, diversity and inclusion, soft skills development, and quality assurance.

Visit Edstellar today to explore our comprehensive training courses and empower your employees to reach their full potential. Invest in their development. Together, let's embark on a journey of growth and excellence.