ILLUMINATION

We curate & disseminate outstanding stories from diverse domains to create synergy. Inquiries: https://digitalmehmet.com/ Subscribe to our content marketing strategy: https://drmehmetyildiz.substack.com/

Member-only story

Management Fix

--

By definition, training is the process of increasing the knowledge and skills of the workforce to enable them to perform their jobs effectively. (1) Training investment assures we create the conditions for the increase.

© 2022 HumanMngt, All rights reserved www.eduardoespinheira.com

Training boosts a feeling of value in employees. It shows that you’re committed to providing them with the resources needed to ensure they’re doing a good job. In turn, they’re more likely to enjoy their work and remain in your organization for longer. It also nurtures them further in their career within your organization. One of the most significant benefits is that you’ll have more opportunities to hire from within, reducing recruiting and onboarding costs for your business. (2)

Training presents a prime opportunity to expand the knowledge base of all employees, but many employers find the development opportunities expensive. (4)

Here are the main reasons why training and development in the workplace are essential:
- Better employee performance
- A broader understanding of the business
- Lower staff turnover
- Higher employee engagement
- Develop the business
- Improve your bottom line (3)
- Support succession planning.
- Increase employee value.
- Reduce attrition rates.
- Enhance operational efficiency (5)

--

--

ILLUMINATION
ILLUMINATION

Published in ILLUMINATION

We curate & disseminate outstanding stories from diverse domains to create synergy. Inquiries: https://digitalmehmet.com/ Subscribe to our content marketing strategy: https://drmehmetyildiz.substack.com/

Eduardo Espinheira
Eduardo Espinheira

Written by Eduardo Espinheira

Eduardo Espinheira is a Consultant, Facilitator, Manager, Public Speaker, Creator of the Management Bugs&Fixes and the Machiavellian PM Stories

No responses yet