Construction Experts, Inc.
Training Construction People: An Estimating Guide: Page 10

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Summary:

The cost of developing individual training classes can be easily estimated using the above information and good estimating technique.

The value of a training program to your company and it's employees is a bit more difficult to judge. Research has shown that employee training pays off in many different areas. You intuitively expect a good training program to increase quality, productivity and safety in your company and training certainly does that! A recent survey by National Public Radio identifies the opportunity to learn new skills as even more important than high pay in retaining employees. Studies have also shown that a good training program improves employee moral and helps with recruiting new employees in a difficult labor market.

If you have any questions about training programs, developing individual classes, or on holding specific seminars in your company, don't hesitate to call me or send an e-mail. I would also like to hear of your experiences, both good and bad, regarding training programs you have encountered or are experiencing now.

The bottom line: it is more expensive to not train your people than it is to train them well.

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