Exodus of Expertise

Most traditional training programs are letting valuable and costly knowledge walk out the door when employees leave.

A new report reveals most traditional training programs aren’t capturing and sharing knowledge from within the ranks of the workforce, and are letting valuable and costly knowledge walk out the door when employees leave.

Through a survey of more than 500 full-time employees at companies with 500 or more employees, speachme (http://www.speach.me/) explored contemporary employee training programs and uncovered where the training process is faltering.

Survey findings include:

  • 82% of employees share important information in person with their colleagues, which means that information is not being formally captured.
  • 68% of employees have not been trained by the individual they were replacing.
  • 61% of employees have had a colleague leave the company with knowledge or skills that were not documented.
  • 47% of employees say they could create better employee training content themselves compared to the training they are provided.
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