Why do we do annual training?

You may be wondering why we administer training on an annual cadence for your team? This article helps to break down why we do this at Ethena!

When setting up training you will assign an annual training date for your core learning assignment and the main reasons for doing this are to:

1. Ensure completion across the organization.
2. Keep reporting extremely clear for audits and your leadership team.

Some notes on both Completion and reporting

Completion: Your team is able to set a single deadline for training each year, during which you can establish clear expectations about completing the training. This can include:

• Company-wide training announcements (we have a handy guide here)
• Automated reminders in Slack and email.
• A custom dashboard that shows completion that can be filtered down, and can be sent to a custom list of recipients to drive friendly organisation-wide competition and top-down VP messaging to their teams about why it's important to take this training.
• Ability to partner with managers with our "Team Insights" feature: instead of a manager receiving an email that 1 person on their team is outstanding at 3-5 different times throughout the year, they will see a roll-up of outstanding team members during your "compliance push" and effectively drive their team to get assignments done.
• Sending Ethena-provided communications campaigns as you drive to 100% company completion. Our customer success team will provide you with templates you can use to get those final folks completed.

Reporting:

• When your audit committee, board, or leadership needs to see company-wide completion status, it is as simple as one click to provide this data and you can be confident that the data is correct.
• You don't need to manually track and reassign training for each individual when they are due to retrain.
• The above can be an enormous pain point with larger teams, which is why Ethena's reporting has helped so many companies put their required training calendars on auto-pilot without fear of missing retraining deadlines.

In addition to this we also provide the option to add in a deferral period for new hires.

For team members who are hired within your chosen deferral period (ex: 3 months), "new hire" training will be deferred to your next annual training date.

As always, we ensure that you are meeting state-level requirements for new hires, promotions, moves, and annual refreshes when applicable!
For your reference, the below graph shows the frequency of Harassment Prevention training in different states and we have an article here which goes into more detail on these.