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Training in the Construction Industry

In what areas can a training program help save money?

Skill training can certainly save contractors money by improving both the quality and productivity provided to their workers. Training about how to operate and maintain equipment can also save money by lengthening the life of the equipment, reducing repair costs, and, again, improving productivity. 

Safety training can help save money by enabling a contractor to avoid the costs associated with accidents, as mentioned above. If safety training helps reduce the frequency and severity of a contractor’s accidents, it will lower the company’s Experience Modification Rate. A lower EMR not only leads to better insurance rates, it can also make a contractor more attractive to potential customers.
answer provided by Mike Larson

JLG Industries, Inc. is the world's leading designer, manufacturer and marketer of access equipment. The Company's diverse product portfolio includes leading brands such as JLG® aerial work platforms; JLG, SkyTrak® and Lull® telehandlers; and an array of complementary accessories that increase the versatility and efficiency of these products. JLG is an Oshkosh Corporation Company [NYSE: OSK].
An Oshkosh Corporation Company