According to the 2019 Workforce Learning Report by LinkedIn, 94% of people would stay at a company longer if there was more investing in learning.
Learning is the cornerstone of any great business. Continuous learning and development are paramount to an employee’s growing career. Also, that’s how they measure how much they are valued in the workplace. That’s why now’s time to re-invest in professional development, and now not cut it from the finances because #COVIDproblems.
If retaining your personnel is vital, developing a budget for professional development may be something to consider.
I have trained people in…
✅coaching
✅difficult conversations
✅business acumen
✅negotiations and influence
✅feedback
✅presentation skills
… and more.
The feedback from clients sounds like this…
🙌🏻 “My team exceeded our sales goals.”
🙌🏻 “My employee turnover rate dropped to the lowest it’s ever been.”
🙌🏻 “I feel more creative, proactive and empowered!”
🙌🏻 “I’m not lost in uncertainty anymore.”
🙌🏻 “I finally have work-life balance because my team is performing at a level that allows me to step back!!”
If you’re still not convinced, here are five more reasons why now is time to re-invest in professional development:
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Improve Skills and Refine Knowledge
Employee development will come back around to benefit the company. New and improved skills skills and knowledge will be applied to the company’s bottom line. Evaluate which areas you and your employees fall short and target it with professional development. As a result, your team will know exactly where they need to improve. The knowledge gained will help your company stand out from the ordinary and create better leaders and workers.
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Train Employees to become Future Leaders
What’s more, training an employee to become a leader in your company will not only improve their skills, but also your professional relationship. I love working with companies that invest in their employees because they are a happier, more relax team. If you see potential in an employee, take this opportunity to choose and train them into a well-refined leader. Your investment will push the right people in the management roles and build a skilled, loyal leadership team.
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Increase Engagement in the Workforce
You’ve heard the buzzword bingo: engagement. It’s something companies struggled with during the height of the pandemic, and even to this day. After working with executives and their teams, employee engagement greatly improved. Employees become more confident and optimistic after a great training session. In turn, the overall performance within the business improves. The most effective employees are those that are part of a strong, positive, and supportive team.
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Attract Quality Applicants
The paycheck is part of the reason why people apply for a job. But applicants also consider the perks, the growth potential, the company culture, and more. Professional development can become a part of your benefits package and attract top talent. Evidently, it shows your company truly cares about its employees and want to help reach their full potential.
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Boost Confidence and Work Satisfaction
I touched on this briefly in reason #3, but this deserves more recognition. It is a fact that the more skills you have, the more confident you will become in your abilities and strengths. A confident employee will show initiative and become ambitious. As a result, production and job satisfaction increases. It’s possible to create happy employees when you empower them through training. Remembering that will play a huge part in attracting a strong team, nurturing a strong team, and keeping a strong team.
Employee development is a process whereby the manager and employee work together to create a development plan. This plan identifies areas to develop or enhance, and ascertains what actions or activities need to be taken to acquire and embed that learning.