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Top 7 benefits of ongoing staff training and development October 10, 2017

Top 7 benefits of ongoing staff training and development

Staff training and development can serve to improve an employee's poor performance or enhance their already stellar skills to allow them to advance to a new job title. It can be incorporated as part of an ongoing professional development program across your staff, and used to help show employees you care about their skills and how they contribute to your company. If your company is expanding or tackling a new part of the industry, additional training can help to brief your staff on their new responsibilities.

One way businesses stay at the top of their game is by continuing to invest in their greatest asset – their employees. The best, most successful organisations offer programs to develop their team members, helping them define and identify career goals and chart their long-term career path with the company. Staff training courses instill and reinforce brand culture in order to increase employee loyalty and retention. Driving the professional development of your team leads to growth and profit for the company.

7 Benefits of Ongoing Staff Training

  1. Stay ahead of competitors

Standing still can kill your business, so by making sure your staff are constantly advancing, you will continue to move forward are remain competitive within the marketplace.

  1. Be able to see weaknesses and skill gaps

With regular training, a business can more easily identify any gaps in the market and skill gaps within the existing workforce. By identifying these gaps early, there is time to train staff in these required areas so they can fulfil the role effectively.

  1. Maintain knowledge and skill

Although one off training may be provided to new starters, or other employees, it’s important that training schemes are put in place to help develop skills throughout their job. To retain knowledge, skills need to be practiced and refreshed on a regular basis so elements aren’t forgotten.

  1. Advance employee skills?

Once a business has spent money on providing basic level skills, these can easily be built upon and improved to provide much more benefit to the business. Staff that know more can bring more to the table, and your business will reap the rewards.

  1. Keep Up With a Changing Industry

There’s a good chance your industry is in an eternal state of change. From the boss’s side of the table, this might be the number one reason to Always Be Training (ABT). To choose to not keep up with state-of-the-industry knowledge and skills is to choose to watch your company eventually wither and die on the vine. And how will anyone know about the latest industry regulations promulgated by the government or watchdog organizations if you unplug from regular refresher course?

  1. Increase job satisfaction levels?

Through continued investment from the business, staff can have a much higher sense of job satisfaction, which can improve their motivation towards their work. This reduces employee turnover and increases productivity, which directly improves the profitability. It also prevents competitors from taking away your best employees by offering training incentives.

  1. Attract More Talented Hires

Besides cultivating your existing employees and increasing their value, a strong development program also makes your company a more attractive prospect for talented individuals. You’ll enjoy a higher standard of applicants and be able to retain them better if you commit to helping them develop their professional skills.

Is your staff lacking the training? Contact us for more information on our Staff training and development programs.

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