Sunday, May 15, 2022
No Result
View All Result
NEWSLETTER
Corporate Compliance Insights
  • Home
  • About
    • About CCI
    • Writing for CCI
    • NEW: CCI Press – Book Publishing
    • Advertise With Us
  • Explore Topics
    • See All Articles
    • Compliance
    • Ethics
    • Risk
    • FCPA
    • Governance
    • Fraud
    • Internal Audit
    • HR Compliance
    • Cybersecurity
    • Data Privacy
    • Financial Services
    • Well-Being at Work
    • Leadership and Career
    • Opinion
  • Vendor News
  • Career Connection
  • Events
    • Calendar
    • Submit an Event
  • Library
    • Whitepapers & Reports
    • eBooks
    • CCI Press & Compliance Bookshelf
  • Podcasts
  • Videos
  • Subscribe
  • Home
  • About
    • About CCI
    • Writing for CCI
    • NEW: CCI Press – Book Publishing
    • Advertise With Us
  • Explore Topics
    • See All Articles
    • Compliance
    • Ethics
    • Risk
    • FCPA
    • Governance
    • Fraud
    • Internal Audit
    • HR Compliance
    • Cybersecurity
    • Data Privacy
    • Financial Services
    • Well-Being at Work
    • Leadership and Career
    • Opinion
  • Vendor News
  • Career Connection
  • Events
    • Calendar
    • Submit an Event
  • Library
    • Whitepapers & Reports
    • eBooks
    • CCI Press & Compliance Bookshelf
  • Podcasts
  • Videos
  • Subscribe
No Result
View All Result
Corporate Compliance Insights
Home Leadership and Career

The Compliance Benefits of Tracking Employee Training

by Tim Lozier
November 6, 2018
in Leadership and Career
blue employee training button on keyboard

What Your Company Should Do Now

The reasons for implementing new software range widely, but few are as compelling as improving productivity and facilitating compliance. Tim Lozier of EtQ explains why keeping tabs on employee training is so important.

Every business wants to become more efficient and do more with less. At the same time, businesses across all industries must meet regulatory and compliance needs, which vary widely from sector to sector. There are many ways to boost productivity and compliance: operational efficiencies, new technologies, process improvement and more. But one area that can make a big difference is enhancing the capabilities of your workforce, through targeted training and development.

Benefits of Employee Training and Management

Developing employees is good for you and your workers. You build up your human capital, create more morale in the workforce, attract better talent, stay compliant and drive productivity. Your employees build their skills, prepare themselves for advancement, feel challenged and put more into their roles.

This is backed up by the statistics, too — 90 percent of millennials said that opportunities for development and career growth were important, and 40 percent of people who have poor training leave their job in the first year. Training is great for both attracting and retaining your key talent.

There’s just one issue: there are a lot of training requirements, methods, courses and more out there, so how do you keep up?

Using the Right Solution

Think of all your training needs and the various areas you must keep track of. It’s likely you will want to measure, track and report on:

  • When employees are qualified or required to take certain courses
  • Recommended training for specific employees based on business needs, compliance requirements, personal growth, new initiatives and technologies and productivity improvements
  • The range and diversity of courses available
  • Aligning the needs of your employee training program with the number of courses available
  • Details of each course including cost, location, learning methods and employee feedback
  • Tracking attendance and training hours
  • Gap analysis between employees and the training they need
  • Whether employees have completed the training
  • Qualifications gained as a result of completing the training

It’s clear that you cannot track and manage all the training for your workforce on an ad hoc basis. Instead, you need a comprehensive employee training tracking software solution that integrates with your quality management and regulatory compliance systems.

The Benefits of Employee Training Tracking Software

In addition to solving the issues above, the right tracking software will give your organization some powerful advantages, including:

  • Creating a strategic approach for all your employee training
  • Keeping all your training records in one place
  • Sorting training records by employee, team and department
  • Building training into your on-boarding process, so every employee can hit the ground running
  • Getting a broad perspective of training across your organization, and drilling down into specific areas
  • Meeting your training-led regulatory needs
  • Improving safety and compliance across the organization
  • Proving the certifications, qualifications and licenses of your employees
  • Completing more informed performance reviews and opportunities for promotion

And that’s not all. The right employee training tracking software can inform employees of their training needs, send out notifications and reminders, help with scheduling courses and report on training.

The data from training tracking software can be incredibly valuable when it comes to identifying the best courses, getting cost-effective training, tracking employee engagement and other workforce metrics.

The best software will also integrate with other parts of your quality management process and workforce apps to create a seamless training and reporting experience.


Tags: Training
Previous Post

Ensuring GDPR Compliance Across the Supply Chain

Next Post

ESG Trends From the 2018 Proxy Season

Tim Lozier

Tim Lozier

Tim Lozier is the Director of Product Strategy at EtQ. Tim has an extensive background in software technology and has been involved in the creation of leading-edge technologies in user interface design and development. Tim is responsible for fostering the development of leading Quality Management Software solutions and has helped shape EtQ’s strategic vision through leadership.

Related Posts

Best Guardrail Against Compliance Failures? Better Embedded Controls — Not More Training.

Best Guardrail Against Compliance Failures? Better Embedded Controls — Not More Training.

by Chris Audet
March 30, 2022

Gartner senior research director Chris Audet discusses compliance training’s shortcomings here, suggesting a well-designed framework of embedded controls can better...

ECI Ethics Academy Scholarship Deadline Approaching

ECI Ethics Academy Scholarship Deadline Approaching

by Corporate Compliance Insights
February 28, 2022

The Ethics and Compliance Initiative (ECI) is seeking candidates for its Ethics Academy scholarship program. Over the next three years,...

Illustration of a professional giving a presentation

Gaining Executive Support for Your Security Awareness Training Program

by Perry Carpenter
February 7, 2022

You know the resources and commitment required for a successful cybersecurity program. But your company's leaders might not. Communicating what...

Illustration of small figure walking through a keyhole.

Data Privacy Day: Let’s Take Stock of the Threat Landscape and State of Data Protection

by Jason Stirland
January 28, 2022

Since last year's Data Privacy Day, system down times have continued to lengthen. Cyber insurance has continued to grow more...

Next Post
multiple hands holding young seedling

ESG Trends From the 2018 Proxy Season

Compliance Job Interview Q&A

Jump to a Topic

AML Anti-Bribery Anti-Corruption Artificial Intelligence (AI) Automation Banking Board of Directors Board Risk Oversight Business Continuity Planning California Consumer Privacy Act (CCPA) Communications Management Corporate Culture COVID-19 Cryptocurrency Culture of Ethics Cybercrime Cyber Risk Data Analytics Data Breach Data Governance Decision-Making DOJ Download Due Diligence Enterprise Risk Management (ERM) ESG FCPA Enforcement Actions Financial Crime GDPR HIPAA Know Your Customer (KYC) Machine Learning Monitoring Ransomware RegTech Reputation Risk Risk Assessment SEC Social Media Risk Supply Chain Technology Third Party Risk Management Tone at the Top Training Whistleblowing
No Result
View All Result

Privacy Policy

Founded in 2010, CCI is the web’s premier global independent news source for compliance, ethics, risk and information security. 

Got a news tip? Get in touch. Want a weekly round-up in your inbox? Sign up for free. No subscription fees, no paywalls. 

Follow Us

  • Facebook
  • Twitter
  • LinkedIn
  • RSS Feed

Browse Topics:

  • CCI Press
  • Compliance
  • Compliance Podcasts
  • Cybersecurity
  • Data Privacy
  • eBooks Published by CCI
  • Ethics
  • FCPA
  • Featured
  • Financial Services
  • Fraud
  • Governance
  • GRC Vendor News
  • HR Compliance
  • Internal Audit
  • Leadership and Career
  • On Demand Webinars
  • Opinion
  • Resource Library
  • Risk
  • Uncategorized
  • Videos
  • Webinars
  • Well-Being
  • Whitepapers

© 2022 Corporate Compliance Insights

No Result
View All Result
  • Home
  • About
    • About CCI
    • Writing for CCI
    • NEW: CCI Press – Book Publishing
    • Advertise With Us
  • Explore Topics
    • See All Articles
    • Compliance
    • Ethics
    • Risk
    • FCPA
    • Governance
    • Fraud
    • Internal Audit
    • HR Compliance
    • Cybersecurity
    • Data Privacy
    • Financial Services
    • Well-Being at Work
    • Leadership and Career
    • Opinion
  • Vendor News
  • Career Connection
  • Events
    • Calendar
    • Submit an Event
  • Library
    • Whitepapers & Reports
    • eBooks
    • CCI Press & Compliance Bookshelf
  • Podcasts
  • Videos
  • Subscribe

© 2022 Corporate Compliance Insights

Welcome to CCI. This site uses cookies. Please click OK to accept. Privacy Policy
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT