Why Regular Training and Development of Employees is One of the Most Reliable Strategic Advantages
By Sara Mackey, Marketing Communications Specialist
Change and adaptation are more important today than at any other time in business's rapid evolution. An organization's success in adapting to change relies on its commitment to continuous learning and development.
An organization's success in adapting to change relies on its commitment to continuous learning and development. The Association for Talent and Development (ATD) says the most effective way to optimize the organization's health is to understand the company's current landscape or health index. According to ATD, the highest-performing organizations (HPOs) prioritize the development of their teams. They say that learning is not just about gaining skills but also about culture.
One of the most effective ways to ensure effective workforce readiness and competitiveness is by investing in training programs for the most efficient, innovative, unbiased, relevant, and proven experience. Industry experts ensure that even your corporate trainers are up on the latest skills and techniques. These programs enhance employee skills and benefit your employees’ growth and your company’s health index.
According to the ATD, Companies that offer comprehensive training programs have 218% higher income per employee than those with less comprehensive training. If salaries are significantly higher, productivity and profitability must be significantly higher. These statistics are excellent for recruiting and retaining your best employees.
Similarly, according to Gallup, organizations with high employee engagement are 21% more profitable. Educators tend to have a broad perspective that reflects beyond the organization they are working with at the moment, which helps them create engaging learning experiences that resonate with all types of employees. The engagement brought about by incorporating interactive elements, real-world examples, and case studies with broader applications can capture participants' attention and increase retention and overall understanding of key concepts.
Educators bring specialized knowledge and expertise, ensuring that training programs are comprehensive and current with industry trends and best practices. Their deep understanding of subject matter and learning methodologies enables them to tailor training content to your workforce's needs, maximizing the training's impact.
Educators with this broad knowledge can uniquely foster a learning culture and continuous improvement within your organization. Emphasizing the importance of lifelong learning may influence employees to take ownership of their development and seek continued growth opportunities.
As mentioned above, regarding recruitment and retention benefits, these investments in employee success send a powerful message that you value your workforce and are committed to their success. High job satisfaction, morale, and loyalty lead to recruitment and retention success, which has a tremendous impact on the bottom line. A study by LinkedIn showed that 94% of employees surveyed would have stayed with their employer longer if it had invested more in career development.
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