Author: Emily Davis Date: January 28, 2020
According to LinkedIn’s 2019 Workforce Learning Report, 94 percent of employees say that they would stay at a company longer if it simply invested in helping them learn.
It’s no secret that employees want to grow in their roles at a company. What that growth looks like is different for everyone. We do know that it doesn’t just center around salary. For years, employee training has been overlooked or under-emphasized. While this trend could be justified in previous years by the lack of feedback to support the need for change, we now have an abundance of resources showing training is just what your company needs to excel in this new decade. Any good employees’ goal is to be fulfilled and engaged at their job. Studies, like LinkedIn’s report, show that utilizing training can be the missing factor to spark these feelings.
The ever-present phenomenon that is the skill gap continues to haunt employers. However, we now see that employee training can address the gaps at the source. This can allow companies to utilize the workers they already have and cater their knowledge based on the company’s needs, and there is no denying that employers are seeing the positive effects this change is having on their profitability.
HR Magazine presented research showing that companies investing an average of $1,595 per employee for training noticed:
- 24 percent higher gross profit margins
- 218 percent higher income per employee
Employee training could be the key to unlocking your company’s true potential. At Training Concepts, we look at this training as a partnership. We like to stay up to date on the inner workings of your company to guide you through the types of training that will be beneficial to you. As technology advances, your employees should, too.
Contact us today to map out your 2020 training goals!
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