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How Can Training Your Employees Result In Faster Business Goals?

In the grand scheme of things, an organisation or a company is nothing but the sum total of its employee’s individual achievement. However, management training for employees tends to be one of the least prioritised exercises. Often times, it is only being executed at the persistence of the human resources department.

As per a LinkedIn Learning report, investing in your employee’s training and development is vital for retention — 94% of employees stick with an organisation if they’ve invested in the employee’s career advancement. Adding to that, replacing talent is not just more expensive than retaining existing ones, it also slows down the company’s growth.

Here are some reasons how employee training effectively impacts the workplace, resulting in accomplishment of the company’s short and long-term goals:

  • Improved performance — The core aspect of employee training is to improve performance and productivity. Training provides employees with the proficiency they need in order to accomplish their role and deliver high-quality work at an accelerated rate. It also imparts a deeper understanding of their responsibilities. They know their objectives and are ready to meet them.
  • Positive retention — Hiring and retention are a major challenge to most employers. Through career development businesses can gain a competitive edge. It proves that you’re committed, as a business, in providing them the resources needed to ensure they’re doing a good job. In return, it establishes a sense of value, and loyalty towards the company.
  • Future leaders — Retaining targeted and skilled employees for promotion can set the groundwork for the future growth and change of a business. Though acquiring leadership talent can start from the initial acquisition, employers can have better option of promoting current employees to managerial candidates. This ensures that the organisation is always considering their current employees future.
  • Occupation empowerment — Employees who feel empowered are more effective at influencing and gaining the trusts of their co-workers and peers. They bring a greater sense of self-determination and confidence at the workplace.
  • Workplace engagement — Monotony in the workplace is a hazardous thing. Organising regular development initiatives will re-establish skills and streamline processes. Due to constant engagement, training programmes can also shape the company’s culture.

As the organisation expands, alters, and conforms, so will its culture, and business process. Businesses everywhere are now constantly being evaluated and held responsible for their implications on society — the treatment and care for their employees will be heard across social media platforms first.

Employee training impacts like a domino effect; employees at the top feel more proficient at performing their job, and can further motivate their team’s performance, as well as their peers. Happy workers are now not just more skilled, but they feel job satisfaction and with satisfaction comes loyalty, and thereby, retention. The workforce is improved, the engagement is positively impacted, and the company’s end profit increases.

Here at Preferred Training Networks, we empower you to pick from a library of over 300 professional courses designed to help your employees, so your business can succeed. As Australia’s first referred learning network, our specialists comprise of Instructional Designers, Facilitators, Key Note Presenters, Consultants, Trainers, Coaches, and Mentors. Each of whom have been referred by Senior Management from the top 500 companies in Australia.

Call us at 1300 323 752 or leave us a message for your employee training needs.

 

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