With The Great Resignation and The Great Reshuffle, the workplace is undergoing a significant transformation in which change is the only constant. Employees are now looking for jobs that provide more value, flexibility, and opportunity.
Are you looking for a career change or just stepping into the job market?
Then set your sights on a company that invests in its employees by giving training and development programs.
According to research, both employers and employees gain from higher job satisfaction, internal promotion chances, and better retention.
Employees and employers both benefit from training and development programs. You should study which companies have the best training programs to help you enhance your career.
What are training and development programs?
Employee training and development is a program that supports employees in acquiring a new skill or learning new knowledge to improve their productivity and effectiveness in their current company or job. It also enhances future performance and assists in employee growth.
Irrespective of the mode of employee training, be it an offline or an online training, employees partake in training and development programs to improve their existing skills or learn new ones.
What training employees receive is likely to be determined by the organization’s skill shortfalls.
Many organisations, on the other hand, have begun to offer learning stipends, which allow employees to choose which training they want to participate in.
The following are examples of common types of workplace training:
- Onboarding and orientation for new hires
- Development of technical abilities
- Soft-skills training
- Product and services training
- Compliance training
- Coaching for managers and leaders
Benefits of training programs for employees
Employees who work for the companies with the best training and development programs are more likely to be successful. There are, however, additional advantages.
You’re more likely to attain your full potential and find job satisfaction if you have the opportunity to grow and learn. Both of these factors are important in fostering employee retention.
That’s why 71% of Fortune 500 businesses have official mentoring programs in place, with many more supporting informal initiatives.
The following benefits are available to employees:
- Confidence boost and a willingness to attempt new things
- A stronger sense of belonging to teams and the company
- Employees gain a sense of purpose from training and development
- Learn new skills and improve the quality of their job
- Inclusion, diversity, and equity
We’ve selected ten award-winning companies with the best training programs. If you want to advance your career, this list will assist you.
Companies with best formal training and development programs
72% businesses agree that learning and development has become a more strategic function in their company. And this can take a variety of forms, including financial assistance for learning, attendance at conferences and webinars, and mentoring programs.
Let’s take a look at some instances of how businesses have established and maintained employee training programs.
Here is our list of companies with best training programs:
Customer focus, passion for invention, commitment to operational excellence, and long-term thinking are the four guiding values of Amazon.com.
Locations hiring: All across the world
Employees: 245,200 worldwide
Training offered: Prior to hire, there is a month-long intense training and leadership program. Amazon covers 95% of the cost of education for employees in fulfilment facilities who want to learn in high-demand fields. Employees are trained to work from home in a “Virtual Contact Center.”
“We’re a company of pioneers,” says the corporation about the type of person it seeks. Pennebaker says, “We look for people who are willing to take risks, take ownership, and draw their energy from inventing on behalf of clients.”
AT&T connects millions of people around the world to entertainment, high-speed Internet, mobile and phone services.
Locations hiring: Across the U.S.
Employees: 280,000 worldwide
Training offered: AT&T University is an exec management and leadership development school based in Dallas, with satellite campuses across the United States.
AT&T helped create the first-ever Online Master of Science in Computer Science (OMS CS) degree in collaboration with Georgia Tech and Udacity, Inc., and teamed up with Udacity to establish and launch several self-paced, fast-track technological credentials called Nanodegrees in web and mobile development, data analytics, and tech entrepreneurship, with more programmes to come.
3. GOLDMAN SACHS
The Goldman Sachs Group, Inc. is an American worldwide investment bank and financial services corporation established in New York.
Locations hiring: All over the world
Employees: 43,900 employees
Training offered: Undergraduate and graduate students in their last years of studies can apply to Goldman Sachs’ New Analyst Program, which is meant to empower individuals with minimal business and professional experience with the networks, tools, and skills they need to succeed.
Goldman Sachs, believes in maximizing the potential of all employees, both old and new. As a result, Goldman Sachs University provides significant educational materials to all employees.
4. MARRIOTT INTERNATIONAL Inc.
This is a corporation based in the United States. With over 4,400 facilities in 85 countries and territories, Marriott International is a renowned hotel and accommodation firm.
Locations hiring: All hotel and corporate headquarters properties are hiring.
Employees: Marriott-managed properties employ over 200,000 people worldwide, with 102,301 in the United States.
Training offered: Marriott International provides a variety of training to its employees around the world, employing a variety of delivery techniques, including virtual and in-person training. The training focuses on skill development as well as professional and career growth. Work-life balance, leadership, and management are some of the topics covered.
5. SCHNEIDER ELECTRIC
Schneider Electric is a global energy management and automation specialist.
Locations hiring: All across the world
Training offered: Schneider Electric University’s executive development, leadership, customer education, sustainability and solutions, sales excellence, and functional skills academies are all available. Energy University, a free online educational resource with over 200 courses on energy-saving and data centre themes, is also available through the company.
6. SEATTLE GENETICS
Seattle Genetics is a biotechnology business that specializes in developing antibody-based cancer medicines.
Locations hiring: Bothell, Washington
Training offered: Tuition reimbursement, onsite training courses to improve job-related skills, and accessibility to job-related conferences and seminars are among the programs available. They encourage and support continuing education, provide on-site training to improve job- and management-related skills, and allow their employees to attend job-related conferences and seminars.
7. CITY NATIONAL BANK (CNB)
City National Bank is a financial institution based in New York.
Locations hiring: Worldwide
Training offered: City National Bank has been recognised one of Forbes’ “Best Employers for Women” and as part of American Banker’s “Most Powerful Women in Banking and Finance” programme. Ex-Change, a new program for the Women’s Network, was recently launched by the bank. This programme provides casual mentor-mentee contacts to foster learning and knowledge exchange in a safe environment.
Everyone is welcome to engage in the programme, which mixes traditional and reciprocal mentoring so that anyone can serve as an advisor or advisee. Mentors are chosen from a list of potential advisors based on shared interests and objectives. Furthermore, mentees and mentors can each have many mentors.
SAS is a pioneer in the field of business analytics software and services.
Location hiring: The world headquarters in Cary, North Carolina, as well as locations around the United States and overseas.
Employees: 14,019 worldwide; 5,519 at the corporate headquarters
Training offered: Emerging leadership programs for professional training and development, career mentorship, and a career information centre are among the services provided. SAS Academics’ sales and technical enablement program includes both in-class and on-the-job training to guarantee that recent graduates are prepared for full-time employment.
Honeywell International Inc., based in Charlotte, North Carolina, is an American publicly listed global conglomerate firm.
Locations hiring: Worldwide
Training offered: Honeywell provides an early career engineer rotational programme for new graduates or current students in chemical and mechanical engineering specialties, which allows them to obtain training across diverse departments within the company. Before committing full-time, they will participate in this 36-month programme to gain a hands-on grasp of how various sectors and divisions within the company work. Participants can meet numerous representatives of the company and industry while still in school, allowing them to make contacts and gain experience.
Paychex is a major provider of comprehensive human capital management systems for payroll, human resources, retirement, and insurance.
Locations hiring: Rochester, New York, Greensboro, North Carolina, Phoenix, Nashville, Oklahoma City, Denver, Indianapolis, Hartford, Connecticut, Middletown, Ohio, Miami, and St. Petersburg, Florida are among the locations
Training offered: Customized new-hire training packages for sales and service staff are available. Virtual learning at an employee’s home base is combined with instructor-led learning at a state-of-the-art training centre in Rochester, New York, for new hires.
Working for a company that cares about your development is essential. When you do well, they do well. It’s a win-win situation.
The top 10 companies with best training programs included here have a track record for having the greatest training and development programs.
Whether you’re a company looking for employer recognition or a person looking for new possibilities, this article covers the best companies with training programs and can help you make the best career choices.