However, on-the-job training can also be risky and has the potential to waste precious working time. Reap the Benefits of On-The-Job Training Today Now that you understand the benefits of on-the-job training, you can decide if this is the right approach for you and your future employees. Reducing the cost of hiring and training. Ongoing training is a requirement in the workplace today. Provide a custom learning experience. New employees learn how to perform tasks in exactly the right way for your organization. This can help … The On-the-Job Training (OJT) Program assists employers with the cost of hiring and training a new employee. Like any training process, it comes with its own set of pros and cons. Employees learn in an environment where they will need to practice the knowledge and skills obtained during their training. OJT is usually the preferred training methodology when the skills are best learned while being applied on the job or in a "job-like" simulated environment. There are benefits to using employees and supervisors to handle training requirements. Both new hires and employees being transferred to new positions benefit from on-the-job training, and virtually everyone needs training to keep abreast of market and technological developments. On the job training helps the company to save costs on training by saving on time, space and trainers but it also comes with a price. These include: Advantages: Pro #1. It is funded through the federal Workforce Investment Act (WIA) and administered through MassHire Career Centers. When you need to backfill a manager position, you’ll have a pool of qualified and eager candidates who want to move up within the company. Let’s look at how a well-designed OJT program benefits organizations. New recruits in any organization these days are given on the job training, as it has many advantages. 5 Benefits of On-The-Job Training. It can be used to augment instructor led training, fine tune existing skills, or ensure the proper application of existing skills. Employees benefit from additional skills and knowledge as well as motivation to do well. There are pros and cons of on the job training process and you need to analyze what fits your organization or project best.On the job training example: There are many pros to onboarding this way, including faster learning and … Under it, the trainer need not explain and analyze the job detail, as employees can learn it by observing and doing it on the actual workstation. Benefits of on-the-job training Effective OJT can provide comprehensive job preparation to new employees, allowing them to succeed in their role and maintain a productive workplace. In this article we have listed and discussed the points that work in favor of these training programs. Benefits of On the Job Training Programs. On-the-job training (OJT) has following advantages: Simplicity; OJT is useful and simple to learn the jobs that can be learned by watching and doing. Develop Highly-Skilled Employees – One of the biggest benefits of on-the-job training for employers is the ability to develop skilled workers who know the company’s structure. On-the-job training, also known as OJT, is a hands-on method of teaching the skills, knowledge, and competencies needed for employees to perform a specific job within the workplace. Benefits organizations like any training process, it comes with its own set pros... Help … Ongoing training is a requirement in the workplace today training programs an. The potential to waste precious working time be risky and has the potential to waste precious time! Listed and discussed the points that work in favor of these training.... To practice the knowledge and skills obtained during their training it is funded through the federal Workforce Investment Act WIA. 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