And when employees benefit, the company typically benefits. In the past, companies did not always see the return on investment of training, but now with a limited pool of potential employees available, they cannot afford to lose employees, especially those with good basic workplace skills. Better than new It is more cost-effective to train employees than to hire new ones, Boyd maintains. And businesses want to keep the employees they have, especially when they have new equipment or processes.
Training plays a particularly significant role with the growing technical base in business.
Almost everyone has a computer on his desk - and using that equipment effectively is key to good business. There are numerous private vendors as well as community colleges and other institutes of higher learning that offer business training programs. And demand for programs, Story continued, is definitely on the rise as companies look at the important issues of employee retention and educational needs. Employers are seeing that an investment in employees is an important part of the overall strategic business plan. The ATC network is a partnership among the Maryland Higher Education Commission, the Maryland Department of Business and Economic Development and the Maryland Association of Community Colleges.