In a competency-based training program, both the employer and the employee benefit. Personal judgment and subjectivity are minimized, creating a more positive work environment and a stronger relationship between employee and employer. This is a result of establishing transparent workforce planning, performance standards, performance assessments and succession plans.
Advantages of Competency-Based Training for Employers:
- Ensures that corporate training and professional development activities are cost-effective, goal-oriented and productive
- Establishes a framework for constructive performance assessments by management at scheduled intervals
- Improves communication between employees and management
- Improves quality of products and services
- Increases internal employee mobility and cross-training, providing the organization with a greater ability to scale and flex as needed
- Outlines employee development and promotional paths within the organization’s succession plan
- Records the employee’s acquisition of the skills, knowledge, safety and other procedures relating to each task through competency-based interviews
- Reduces cost overruns caused by poor performance or miscommunication of job expectations
- Standardizes performance across the organization
- Targets specific training needs
Advantages of Competency-Based Training for Employees:
- Enables employees to be more proactive beyond their individual roles by learning additional skills that are valued by the organization
- Ensures that individual professional development and training milestones are recorded and acknowledged by the organization
- Gives employees insight into the overall strategy of their team, department, and organization, leading to greater engagement and motivation
- Increases the potential for job satisfaction
- Offers a reference resource for day-to-day job requirements
- Provides a mechanism for the recognition of employees’ abilities
- Provides clear direction for learning new job skills
- Sets clear expectations for employees, enabling them to make better decisions and work more effectively99