Research Shows Employees Want Workplace Training Ongoing Staff Training Improves Staff Engagement and Happiness
As every employer knows,
staff training is the best way to invest in your staff. It helps you to identify the strengths and weaknesses of your team whilst also improving their skills and knowledge. Ongoing staff training will also help your business keep up with the latest industry and legislative requirements. In fact, with the every changing nature of the business world, it’s vital that you stay ahead of the competition. In fact, the easiest way to keep ahead of your competitors is to invest in your staff!
A survey from Instantprint, revealed that 56% of workers would
leave their current role if their employers stopped providing training, and nearly one-third (31%) have previously left a position because of this issue. For many employers, these statistics are rightfully scary. With employers looking to cut costs wherever they can, justifying the additional cost of staff training can be difficult. However, like many things in business, sometimes success costs money. The continued success of your business may depend on your ability to provide the training and opportunities they crave. Are You Doing Enough?
HR employees apparently place regular training as the most important part of their journey within a company. 8 in 10 of HR employees (80%) say they’d leave a job with no development opportunities, and 4 in 10 (40%) say they had done so in the past. Despite the importance of training to employees, there appears to be a shortfall in what employers are providing, as:
One in five employers (21%) provide no ongoing training for their employees 34% of employees have not been offered induction training for new starters 4 in 10 companies (41%) won’t fund relevant qualifications for employees
The survey also highlighted what employers should be doing to improve training opportunities. In fact, just 59% say they’re happy with their current employers.
The Instantprint report mimics the findings of a study into NHS staff development that was conducted. The report suggested that the NHS may struggle to train enough staff to combat the growing pressure on the nationwide health service. The Nuffield Trust Health Foundation and King’s Fund says a combination of international recruitment, student grants and innovation is needed to ease the pressure across the board.
Is Regular Training The Only Suggestion?
54% of 18-34 year olds now value professional development over regular pay rises. When people earn a fair wage, money becomes secondary to the opportunity for growth and development. Happy employees are 3-5 times more productive than unhappy employees.
If your staff feels they have no chance of promotion in their current role then they are likely to look elsewhere. The most common take away is that your staff want personal development. Honest feedback, goals and opportunities as well as coaching, ongoing training and advancement opportunities help
keep employees engaged, and set the tone for creating a happy and productive workplace. For advice, support and guidance on what you can do to improve employee engagement and retain your best staff, call our team on 08450 50 40 60 or complete the contact form!