Training and development is a key factor to your employee engagement and business success. If employees feel like they are receiving development opportunities, they are more likely to have higher job satisfaction and increased productivity.
If you are thinking that the costs associated with training and development are too expensive, consider the very impressive benefits detailed below:
Above infographic from Chronus
Offering a training and development program to your employees can enhance employee performance and productivity, reduce turnover, and improve company culture.
This could be the biggest and most obvious improvement – people will be better at their jobs, have increased confidence in their roles and be able to serve your customers better. It will allow for consistency across policies and procedures.
Offering a training program encourages loyalty from employees making it less likely for them to move on. It also becomes a great selling point for new employees knowing that you have training and development opportunities.
When you are providing training and development opportunities to your staff you are showing how much you value them and that you are investing in their future. Keeping company morale high is key and can provide untold benefits to your business.
Training and development can range from formal to informal activities. These could include:
- Coaching and mentoring
- Shadowing another employee
- Policy and procedure training from a leader/manager
- Seminars/ Webinars/ conferences
- Classroom training
- Online courses
- Professional networks or groups
Good luck with your training and development program! Like always, contact us if you have any questions about this post.
PS. We are working on something very exciting! Watch this space for more HR support and setup tools.