SPONSORED CONTENT The Silver Wave: Capture and transfer institutional knowledge before retirement Ensure the knowledge of retiring employees is transferred to the next generation. How to Create Seamless and Repeatable Employee Training Transitions A ccording to CBS News, 2024 will be a record-breaking year for retirement in the U.S., with an average of 11,200 Americans a day expected to celebrate their 65th birthday this year. This historic surge is predicted to continue through 2027. With so many departures, retaining institutional knowledge is critical to prioritize. Experienced employees are heavily relied on to train new employees on the production ๎ oor, but ensuring the training is completed properly and that the new employee has retained that information is dif๎ cult to track. A whopping 71% of manufacturing training today is informal and relies on knowledge transfer between employees, often in the form of on-the-job shadowing. Informal practices and sub-par shortcuts can be passed down from employee to employee. Eventually, this becomes the process of record on the production ๎ oor. Many times, management isn't aware of these unof๎ cial processes until it is too late. The lack of consistency in training is one of the biggest threats to quality and safety. Consistent training can ensure seamless employee transitions and help you be well-prepared for both expected and unexpected turnover. A solution like WorkForge helps reduce human errors and inconsistent practices by standardizing and systemizinghttps://qrco.de/workforge-demo http://www.workforge.com