Staff training and development is important for your business.
Ongoing development will:
- improve your employees' skills specific to your business
- keep you and your employees up to date in areas such as administration and management.
Training new employees
When new staff members begin working in your business, they'll need to be trained to fulfill their role. You might need to rely on other staff members to help you do this.
You can also have senior staff mentor juniors – just make sure it's a good use of the senior employee's time and abilities.
See Staff induction and probationary review for information about checking in with new employees during their probationary period.
Skills development for existing employees
Your existing employees might need to upskill so they can:
- develop their own careers
- stay challenged and engaged
- keep up with changes to your business's circumstances, like technology, laws or social factors.
You might need to modify an employee's role to cope with a change to your business, which will trigger the need for further training.
Providing your employees with ongoing training is also a great way to improve:
- quality or output
- customer satisfaction
- employee job satisfaction.
In-house professional development
A cost-effective way of meeting your skill needs is by building on the talents you already have. You can do this by:
- having staff members train each other so useful skills aren't lost when employees are absent from work or leave their roles
- developing the skills of existing staff with refresher courses, seminars and online tutorials.
Use our workforce information template to review your employees' existing skill sets. You might find some of your staff already have the skills you need and can help train others.
Outsourced training and development
Once you know what skills your staff have and have developed them as much as possible, you need to work out if there are gaps remaining.
If you can't fill the skill gaps in-house:
- hire staff with the skills you need
- outsource to contractors or companies with the necessary skills
- have existing staff trained professionally, either on or off site.
The Department of Education and Training's Victorian Skills Gateway can provide you with guidance and support for training your staff.
Professional development plans
Record any training in your employees' professional development plans, including what tasks and responsibilities will benefit from the training.
Make sure that any new training and development feeds into your staff performance reviews later on. In your staff performance reviews, track and assess outcomes of the training or skills development and benefits to your business or employees.
Paying staff to attend training
Employees must be paid the right pay rate for all time worked. This includes any mandatory training and team meetings at your place of work, off site or online.
Increasing your business's value
Improving the skills of your staff can make the business more attractive to buyers.
Or, if you're planning on selling your business to a family member or staff member, training them to take over will ensure they have all the necessary skills to run the business successfully.
If you're thinking about retiring or selling your business, take a look at other ways you can increase your business value before selling.