Compliance training is a serious matter and non-compliance has cost many companies dear. For example, in June 2020, the British investment banking and financial services company, Barclays PLC, was imposed an administrative penalty of €700,000 by the Federal Financial Supervisory Authority (BaFin). The reason? Simple. Breaches of administrative regulations. In another case, OSHA fined Dollar...

An organization’s ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage. – Jack Welch, former chairman & CEO, General Electric Employee training, as most organizations know it, is laborious. But research by Middlesex University found that 56% of HR managers consider training & development (L&D) to be an essential business...

Along with logging, refuse collection, and truck driving, construction is considered a high-risk occupation. That’s why construction safety training is so important. As of 2022, there are 10,019,790 employees in the construction industry. In 2020, more than 130,000 construction workers lost their work time due to illness or injuries. Roughly 20% of worker fatalities are...

Training your employees is the most important aspect of a business, be it a reputed company in the industry or a brand new startup. After all, it is the most crucial aspect that will help your business evolve and remain competitive. Employee training involves developing the abilities of the employees and upgrading their knowledge to...

  For any business toying with the idea of incorporating a new training program, the advantages of e-Learning greatly outweigh those of in-person or classroom training. Staying updated, and remaining productive are critical challenges for many businesses today, and most of them are now looking to e-Learning to save time, energy and money. Not only...

Strategically, when a company plans to invest in economic development and chases the technology upgrade, it requires talented employees commanding proficient skills. And for this reason, providing training incentives becomes the need of an hour to stay ahead of the race. Did you know that the US companies spent more than $70 billion in 2016...

Theis Moerk, Vice President of Product Development at EPOS, a part of the Demant Group (a leading audio and hearing technology group), says: “It’s clear that companies have a responsibility to not only their business but their employees, to provide them with the best equipment to ensure optimum productivity levels as well as maintain their...

IBM reportedly saved $200 million after it made a switch from traditional in-person training to an online training system. More than 70% of companies believe that online learning is key to their long-term strategy. By 2020, almost all employers plan to rely on online learning systems to meet the continuing educational needs of their employees. These...

In the past few months, I have encountered quite a few HR professionals who complained about the rising problem of involuntary attrition. While most of them were worried about the ballooning cost by losing talent, I was keen to find out the reason that makes an employee choose greener pastures. Although it is tough to...