Intro to International Business

study guides for every class

that actually explain what's on your next test

On-the-job training

from class:

Intro to International Business

Definition

On-the-job training is a hands-on method of teaching employees how to perform specific tasks while they work. This type of training allows workers to learn in real time, gaining practical experience and skills that are directly applicable to their job. It is often paired with mentorship, where more experienced employees guide newer hires, enhancing the learning process and improving overall job performance.

congrats on reading the definition of on-the-job training. now let's actually learn it.

ok, let's learn stuff

5 Must Know Facts For Your Next Test

  1. On-the-job training can be tailored to the specific needs of the organization and the roles being filled, making it highly relevant and effective.
  2. This training method often results in higher retention rates because employees feel more confident and capable after gaining practical experience.
  3. On-the-job training is typically less costly than formal classroom training since it utilizes existing staff and resources without the need for external trainers.
  4. It promotes immediate application of skills, allowing employees to contribute to productivity right away while still learning.
  5. Feedback during on-the-job training is instant, which can lead to quicker adjustments and improvements in performance.

Review Questions

  • How does on-the-job training differ from traditional classroom training in terms of employee engagement and skill application?
    • On-the-job training differs significantly from traditional classroom training because it emphasizes real-time skill application in a practical work environment. While classroom training provides theoretical knowledge, on-the-job training allows employees to engage directly with their tasks, fostering greater engagement as they see immediate results from their efforts. This hands-on experience not only enhances skill retention but also boosts confidence as employees receive instant feedback and support from their peers and supervisors.
  • Discuss the advantages of implementing on-the-job training programs in an international business context.
    • In an international business context, implementing on-the-job training programs offers several advantages. First, it allows companies to tailor training to fit local customs and practices, making it more relevant to diverse workforces. Second, it enables quicker adaptation to new markets as employees learn how to navigate local challenges while on the job. Moreover, it fosters a sense of community among staff from different backgrounds as they collaborate and learn together, ultimately promoting cultural understanding and teamwork within the organization.
  • Evaluate how on-the-job training can impact employee retention rates and overall organizational productivity in multinational corporations.
    • On-the-job training can significantly impact employee retention rates and organizational productivity in multinational corporations. By providing a supportive learning environment where employees can immediately apply their skills, companies enhance job satisfaction and loyalty among staff. When employees feel confident in their roles due to effective training, they are less likely to seek employment elsewhere. This continuity not only saves costs related to turnover but also boosts productivity, as experienced workers who have undergone thorough on-the-job training are often more efficient and effective in their roles, contributing positively to the organization’s bottom line.
© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
Glossary
Guides