If companies implement effective training methods, they are more likely to retain employees, thus minimizing the need for extensive training costs that are incurred when companies have high turnover
CLEARWATER, Fl (PRWEB) August 21, 2012
There are approximately 116,000 companies in the Tampa Bay area, and if each of these businesses hired just one more employee, around 116,000 additional residents in the region would be working. That’s the spirit behind Employ1 Tampa Bay, a new economic initiative in the region – one that is being embraced by Rethink Training.
A single new hire can, on average, increase the U.S. GDP by about $100,000, according to one analyst (1). Studio98, which launched Rethink Training, a web-based learning system that allows businesses to provide customized training solutions via its cloud-based service, has hired four new employees in the last year, and has plans to add more staff in 2012.
Effective training can further enhance job growth and corporate vitality, making it easier for Tampa Bay companies that are adding staff to keep those employees in the long-term and help them flourish, according to Rafferty Pendery, CEO of Studio98.
Rethink Training’s technology helps businesses grow by enhancing their training methods at a more affordable cost than older techniques. Rethink Training has emerged as a valuable resource, as many companies are incorporating online training to improve efficiency and decrease costs. Since Rethink Training is a cloud-based service, there is no hardware to purchase, nor software to install. All a company needs in order to create, manage and/or study a course is a computer with Internet access. Training materials can be published and instantly accessed by employees, allowing companies to train team members, no matter their location.
“The more efficiently employees are trained, the happier they will be, and the better the company will do,” Pendery said. “Adding 116,000 employees through the Employ1 initiative is a tremendous idea, and that number can increase significantly if effective training techniques are implemented, since employees become more competent and comfortable, and that allows businesses to thrive.”
Through Rethink Training’s online system, new hires quickly become knowledgeable about their employer’s products or services. The technology gives users the ability to create training materials (from scratch or through a company’s existing content), complete courses, and grade the results. Fundamental elements of the web-based coursework include documents, essays, quizzes and streaming video content. Since Rethink Training is fully online, it eliminates the need to physically place students with trainers. Coursework can be updated without redistributing materials, allowing new training updates to be immediately implemented.
The technology behind Rethink Training is what differentiates it from other methods. A finely-tuned AJAX interface creates a fast and interactive tool that exceeds the expectations of traditional web software. It also features a robust HTTP API and a brandable interface for customers who prefer deep integration and a seamless experience with their existing technology and web sites. Users can even sell their coursework to the public, taking credit card payments through their preferred payment gateways.
“Employee turnover can be detrimental to companies and the communities where they are located if those employees leave for other areas,” Pendery said. “If companies implement effective training methods, they are more likely to retain employees, thus minimizing the need for extensive training costs that are incurred when companies have high turnover. Then they can focus on adding new staff members instead of just replacing them, and that benefits the Tampa Bay region as a whole.”
(1) BizJournals.com/TampaBay, “Changing Tampa Bay 1 Hire at a Time,” www2.bizjournals.com/tampabay/reports/employ-1/
About Rethink Training:
Rethink Training is a flexible and easy-to-use online training platform developed by Studio98 of Clearwater, Florida. Designed to meet the incremental training needs of businesses, this unique learning management system (LMS) allows companies to create and deliver customized interactive courses to all employees. A user-friendly interface makes it simple to build, update and maintain training and quizzes, while web-hosted content ensures that staff always have access to the most current information and materials. To learn more about Rethink Training, visit http://www.RethinkTraining.com.