Continuing Education: Coder Retention and Return on Investment
Continuing Education: Coder Retention and Return on Investment
According to LinkedIn’s 2018 Workplace Learning Report, 94% of employees would stay at a company longer if it invested in their career (LinkedIn.com, 2018). This staggering percentage is just one major reason why more employers are prioritizing continuing education courses in the workplace. In order to avoid employee turnover, managers are searching for different ways to keep their employees involved and satisfied, professionally. YES HIM Education offers a robust catalog of coding education learning paths, courses, academies and more! Review our offerings, and get in touch to create your personalized education plan today!
A good initial step to take would be to make continuing education paramount, not just at the entry level, but throughout all levels of the company. In doing this, it is also important to identify employee training for return on investment that will contribute to employees’ professional as well as personal growth. Training offered towards skills needed, and new skills of interest to the employee, has a positive impact on the employee’s development and motivation. And reinforces loyalty to the organization.
An effective way to gather feedback from employees on training required (and desired) is to poll employees annually with a short survey inquiring what areas of business they would most like to improve in. After finding out the area in which the majority lies, come up with an activity or workshop and dedicate a day out of the month to implementing this into your employees’ schedules. This type of training can also be incentivized, in order to create a culture of accountability. And make sure that managers and employees alike are following through with the task.
Continuing Education Tools
The health information management (HIM) and medical coding industries provide budget friendly resources like national and state level HIM conferences, free webinars with pre-approved continuing education units (CEUs), etc. These tools need as a system that allows team leaders and decision makers to have visibility on training. Tools that enable trainees to follow through and apply the training gained. Resources that show a clear return on investment per training provided.
Managers need to follow up on their team member’s attendance to education seminars. A previous-versus-current state analysis is needed in order to identify a positive or negative impact. Online education tools need to provided automated reporting, certifications, and follow upper completed or non-completed course. Providing the right employee training for ROI is essential, but certainly not enough.
YES HIM Education offers a robust catalog of coding education learning paths, courses, academies and more! Review our offerings, and get in touch to create your personalized education plan today!