The more time and commitment a company makes to training, the bigger the payback, says a new survey of 1,012 U.S. employees. In fact, the frequency of training can be just as important as the types of training offered when it comes to employees' perceptions.
Twenty-five percent of respondents who received training more than 20 days a year said they were "extremely satisfied" (the highest possible rating) with that training. When the frequency of training decreased, so did the level of satisfaction: Almost 40 percent of employees who received training only five or fewer days a year reported feeling "neutral" about their training, and nine percent of employees on the lower end of the training receiving line said they were "dissatisfied."
Ninety-nine percent of respondents agree that additional training would benefit them. When asked what type of training not currently offered by their companies would be most valuable, about one-quarter cited computer or other technology training.
About two-thirds of surveyed employees said that training is "useful" or "extremely useful" in helping them perform their current jobs better. But it's not necessarily preparing them for higher-level jobs: While more than half of Generation Xers believe that training could give them the opportunity to perform a more demanding job, the majority of survey respondents of all ages rated their training as marginal or irrelevant as far as preparing them for more advanced work.
"Employees Speak Out on Training" was conducted by Training magazine in conjunction with the Lincoln, Neb.based Gallup School of Management. Respondents work a minimum of 35 hours a week in companies with 100 or more employees.