How To Conduct Employee Training Through Online Finance Courses
How to Conduct Employee Training Through Online Finance Courses
Employee training program helps employees learn a skill and acquire knowledge in a particular training area so that they can boost their performance and contribute to the company’s success. Training programs are beneficial for not only achieving the company’s goals but also training employees train higher level jobs.
Various training methods at the workplace are:
- Induction training
- Refresher training
- On the job training
- Off the job training
- Online training
More employers are turning to online training programs for an interactive and beneficial training session. Online training, also known as web- based training, has several advantages and is becoming popular day by day.
The benefits of online training program are-
- Economical in both time and money. Online training programs are cheaper and they save a lot of time of your employees.
- Flexibility for employees to learn at their own pace. The online tools and resources are also convenient to use.
- Training is always available anytime, anywhere and can be adjusted with the busy schedule of your employees
- Offers a reality- centered experience for the employees. Employees communicate over subject matter, learn real stories which help them gain confidence and expand their scope of knowledge.
- Online training programs are interactive and they also allow complete immersion.
Almost every firm, government organization, and business has more than one financial department and needs highly qualified people who can handle finances, track finances and create reports, analyze data and hold and invest funds.
Online finance courses will teach your employees money management and finance- based leadership skills. These courses will help equip the employees with tools that will help them manage personal finance as well as preparation of financial reports, investment activities, payroll, accounting, bookkeeping and implementing cash management strategies. Some of the categories of online finance courses are-
- Accounting training
- Banking training
- CFP – Certified Financial Planner training
- Debt training
- Insurance training
- QuickBooks training
- Real Estate training
- Securities training
If you feel the need to conduct an employee training program, then it will need a lot of thinking, planning and assistance. Listed below are the steps for a tailored training plan.
- Identify business impact – Plan the training program keeping in mind the company’s goals and requirements.
- Analyze the gap – Analyze your employees’ current skill set and rate them according to the following three categories-
- Motivation
- Skill mastery
- Critical thinking
Have a training program that will focus on the above three skills and help you achieve the ideal skills.
- Explaining and demonstrating the operations- The trainer remains active during the session and explains the steps and logic behind the activity. The trainee must be able to explain the task he is performing and perform as per expectations.
- Layered training programs – Some of the most common and successful training programs use the layered training approach that targets the company’s goals and trains the right people accordingly.
- Evaluation and Support – After the training ends, evaluate what all improvements you see in your employees and help them apply the learned skill set effectively.
Tips to conduct an online finance training program:
- Provide your employees with micro learning library that has just in time online training materials like short video tutorials, quick guides etc. that saves a lot of time of your employees.
- Give your employees the chance to create their own leaning path by letting them choose their own modules, tasks, assessments etc.
- Create a positive learning online environment such as welcoming tones, color schemes that put their mind at ease and use words that motivate and build their confidence.
- Don’t put them under the pressure of tight schedules and deadlines. Design realistic deadlines keeping in mind that they are working as well.
- Make things easier for your employees by cutting short the conventional training programs and focusing on essentials. De-clutter the online course, use color schemes and codes and break courses into simple manageable tasks.
