The Average Cost to Train a New Employee
Hiring new employees can be costly for a business, especially if extensive training is part of the hiring process. While some employers choose to hire a single employee and offer training over an extended period of time as projects need completion, others choose to hire a group of employees and offer orientation and training all at once. Whatever the method chosen, training employees does come with some costs.
Other People Are Reading
-
Background Checks
-
Once you have decided on your new employees, you want to make sure that they are being honest on their resumes. Although this does not directly apply to the physical training process, it does play a role in the general training, as the result of the background check is the deciding factor of whether an employee is proper for the job. Background checks can be costly, especially if the employer has decided to start paid training for an employee before his background check has been completed. Prices can range from $20 to well over $60 depending on the information acquired in the background check.
Orientation
-
Orientation is important as the session teaches the new employees about company standards, internal communication and business culture, for example. Orientation can be costly, especially if the company needs to have the orientation session away from the office. The employer may choose to hire a room at a local hotel or convention hall if the office does not have enough room or available space to train many employees at once. The fee for the rental space, along with pens, papers, brochures, water and snacks must be provided at the orientation. Hotel fees can range between $200 for smaller spaces to more than $500 for larger spaces. Snacks and writing tools can be provided by the business or purchased for under $1 per pen and per snack. Water bottles can cost $1.50 if you buy them from vending machines.
-
Paid Practical Training
-
Once the employees have passed and completed the orientation session, they may be subject to practical training in the workplace. This is particularly true for employees who will be working with machinery, equipment or technological devices. If an employee needs to be trained in how to operate a piece of equipment, the overall production process may need to be decreased during the training so the employee can try operating the equipment. This may be costly for you if you are not producing enough products during the training process, in addition to the employees' pay during training.
Current Employee Costs
-
If you are training a group of employees, your current staffers may place their current work aside to assist in the training process. This can be costly, as you are still paying them for work, although none of the work is being completed while the training is taking place. This can be costly, especially if the training process lasts for more than a week, for example.
-
References
Resources
- Photo Credit money, money, money image by easaab from Fotolia.com
