Questions and Answers
What percentage of payroll does an organization typically spend on training?
2.14%
What is Netflix's approach to training?
It leaves training to the employees.
What is one of the reasons Netflix can have employees responsible for their own training?
It hires experienced employees rather than new college graduates.
Study Notes
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Training is essential for an organization to ensure that employees have the knowledge and skills needed to perform the job.
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Organizations spend an average of 2.14% of their payroll on training.
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Netflix believes that employees should be responsible for their own training and professional development, and as a result, it leaves training to the employees.
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One of the reasons Netflix can do this is that it hires experienced employees rather than new college graduates.
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Description
Test your knowledge about employee training and development with this quiz. Explore how organizations approach training and the impact of employee experience on training strategies.
