Learning and development is a key factor for businesses when attracting good quality staff to their organisation. With the job market ever so competitive, being able to get good staff and train them enough to want to stay is great for businesses. For a company, putting in place an effective learning and development plan can be the difference in seeing improved profits from higher-skilled workers and better efficiency.
There are various ways to organise learning and development. This can be through sending employees on training courses, provide in-house training, seminars, industry events or even making use of the latest eLearning technology. Whichever you choose, there are huge benefits for a business. This is why Woodrow Mercer has compiled a list of benefits of training to employers in the workplace.
Performance Improvements from Employees
With the right training in place, employees will be better at their roles. Gaining a greater understanding of their responsibilities, will help them build confidence in themselves, which in turn will enhance overall employee performance to consequently benefit the company as a whole. As employees keep on top of current industry standards, your business will become a market leader.
Increased Employee Satisfaction
Employees feel more valued when a training programme is put in place. In fact, with training in place, a supportive atmosphere is created, allowing employees to gain access to the training they might not have had access to before or sought for themselves. A team of staff who feel appreciated and challenged have greater satisfaction toward their jobs which once again will in turn enhance motivation and thus overall performance.
Address Weaknesses Within The Company
You will find that some of your employees will have weaknesses in their workplace skills. With learning and development in place, employee skills can be strengthened. A staff development programme ensures that employees have similar skills and knowledge, to help reduce the number of weak links within the company. With overall knowledge improved, staff members can fill in for those who can cover when needed without the need for supervision, leading to a greater efficiency.
With robust training in place, employees will have a consistent experience and background knowledge in the company. The consistency will also be relevant for a company’s policy and its internal procedures - something which employees must know. As a result, introducing better efficiencies in processes will see a positive impact on financial gains.
With the setting up of training courses, productivity increases. Project successes will be assured with increased efficiency and improve company turnover.
With the investment in training, the upskilling of the workforce can encourage creativity. With the training and development fresh in employees minds, new and innovative ideas can be formed.
Reduce Turnover of Staff
With investment taking place in learning and development, employee retention will most likely improve as they will feel more valued. Training is seen by many as an additional company benefit, yet is essential to reducing staff turnover as well as attracting new staff.
Enhance The Reputation of the Company
Putting a training strategy in place develops your brand as an employer which encourages graduates and mid-career changers to join. New recruits find the opportunity of development attractive as they will be looking to improve their skills and openings in the industry.
Woodrow Mercer are specialist learning and e-learning recruitment consultants based in Birmingham. We have all the latest learning and development roles waiting to be filled. Upload your CV today if you think you’ve got the skills to help improve the abilities of a workforce.
Have you got a space to fill for learning and development in your business? Contact us today about listing your job opportunity online.