Graduate training is the ideal way to set the bar for quality, induct new employees into your business and ensure that they have the tools to perform efficiently in their new role.
For many new banking analysts, the first month can be the hardest and often makes or breaks a fresh employee. Graduate training can continue to support your new employees through their new career journey by offering advice and guidance alongside skill development.
Managing competitiveness
For many new analysts, they may feel the need to prove themselves by getting ahead of their peers. Although healthy competition and drive are both excellent attributes to have, the first few months of a new banking analysts role should be focused on training and sharing knowledge to fuel improvement. It is critical to encourage your new employees to utilise their graduate training to support one another through sharing experiences and key learnings.
Time management
Many new banking analysts are prone to overworking and allowing long hours to take over. Although this demonstrates a self-driven and motivated worker, it can prove to be detrimental to health and can ultimately cause a burnout.
During your initial graduate training and introductions, it is vital to teach your newly hired employees how to manage their time, but also know when to stop and take time away from their desk. Achieving a good work-life balance is key to a healthy and happy employee.
Additionally, after spending time at university, many graduates may find themselves struggling to get up earlier than they were previously used to. Graduate training providers must include the importance of being punctual within their programmes, as a basic skill for employees to grasp.
Taking the initiative
While asking questions is important, and at the core of learning, sometimes graduates will be expected to take the initiative and figure out the solution to problems on their own or amongst themselves and their peers.
Learning through doing can be incredibly effective, therefore incorporating experiential simulations into your graduate training programme will encourage your new employees to find their solutions and learn from experiences.
Getting the basics right
The review process is critical, particularly while your new employees are still learning the basic skills required to complete their role.
Reviewing work, printing out documents and spending a little more time on delivering work that is correct within the first couple of months of employment, will help to set a precedent for the rest of their career.
Working quickly is important, however, if all of the work is incorrect or riddled with errors, it will cost the company vital time and money to amend it.
Basic knowledge and skills can also include ensuring that dress attire is appropriate and conforms to corporate regulations, maintaining good relationships with management and being respectful of those in authoritative positions.
Graduate training should aim to incorporate all of the above elements to ensure that new employees find themselves comfortable and confident in their new role and able to deliver their work to a high quality.