Updated: Apr 25, 2021
Employee training and development is critical to the success of any organization. As your company expands and adds personnel, it is essential to develop a process for the management of the training required for each of your employees. This process should include completed courses, executed learning paths, the training certificates earned by each employee and, if applicable, the expiration dates and requirements for renewal. The implementation of a training records framework is particularly important if your company operates in an industry that has heavy compliance requirements, such as healthcare or financial services.
The Importance of Maintaining Employee Training Records
Maintaining accurate employee records not only has legal ramifications for your company, it also helps to ensure that your company builds and maintains a competitive edge in your marketplace. Some of the specific benefits of employee training records management include:
Builds Employee Competency
For your company to effectively compete, your employees must be properly trained on all aspects of their job duties. The competency aspects of your training program should ensure that each employee can perform their work tasks safely, cost-effectively, and in the most efficient manner. A training records software program can help you determine which employees are up-to-date on their training and which are lagging. This is a key aspect of training records management.
Helps to Ensure Compliance
Most of the compliance regulations that pertain to today’s corporate world impact the way in which your employees interact with data, customers, partners, suppliers, and more. Employee training can help create awareness of rules and regulations that apply to them in their work and maintain records of these trainings will be important for audits and should a case of litigation arise.
Identifies and Cultivates Future Leaders
Every company needs to plan for the future by identifying those employees that show the potential and desire to become the leaders of tomorrow. In monitoring your employee training records, you can determine which of your employees are demonstrating the initiative and skills development to take on future leadership roles and further encourage them to prepare for these opportunities.
LMS Portals for Employee Training Records Software
LMS Portals provides a cloud-based, multi-tenant Learning Management System (LMS) to drive and support your employee training programs and activities. The system includes employee training records software to manage and track the training activities of each of your employees to help build an efficient and compliant workforce.
Our employee training software allows you to maintain a database of full training records for each of your employees, all in a single location. It offers provides an overall perspective for the training activities in your organization and lets you examine individual training records.
Using LMS Portals, you can launch and manage multiple private, customized training environments on-demand. And each training environment can have its own branding, learning paths, collaboration tools, analytics, and more.