On the job training helps the company to save costs on training by saving on time, space and trainers but it also comes with a price. Both new hires and employees being transferred to new positions benefit from on-the-job training, and virtually everyone needs training to keep abreast of market and technological developments. These include: Advantages: Pro #1. 5 Benefits of On-The-Job Training. Develop Highly-Skilled Employees – One of the biggest benefits of on-the-job training for employers is the ability to develop skilled workers who know the company’s structure. In this article we have listed and discussed the points that work in favor of these training programs. There are pros and cons of on the job training process and you need to analyze what fits your organization or project best.On the job training example: Let’s look at how a well-designed OJT program benefits organizations. New recruits in any organization these days are given on the job training, as it has many advantages. New employees learn how to perform tasks in exactly the right way for your organization. Provide a custom learning experience. Ongoing training is a requirement in the workplace today. It can be used to augment instructor led training, fine tune existing skills, or ensure the proper application of existing skills. OJT is usually the preferred training methodology when the skills are best learned while being applied on the job or in a "job-like" simulated environment. When you need to backfill a manager position, you’ll have a pool of qualified and eager candidates who want to move up within the company. Reducing the cost of hiring and training. The On-the-Job Training (OJT) Program assists employers with the cost of hiring and training a new employee. Under it, the trainer need not explain and analyze the job detail, as employees can learn it by observing and doing it on the actual workstation. Like any training process, it comes with its own set of pros and cons. However, on-the-job training can also be risky and has the potential to waste precious working time. On-the-job training, also known as OJT, is a hands-on method of teaching the skills, knowledge, and competencies needed for employees to perform a specific job within the workplace. It is funded through the federal Workforce Investment Act (WIA) and administered through MassHire Career Centers. Benefits of On the Job Training Programs. Reap the Benefits of On-The-Job Training Today Now that you understand the benefits of on-the-job training, you can decide if this is the right approach for you and your future employees. Employees learn in an environment where they will need to practice the knowledge and skills obtained during their training. 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