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What are the benefits of training staff?

Training

Training

 

A survey by Work Institute revealed that the top reasons given by employees for leaving their jobs include lack of career development (22%), lack of support with work-life balance (12%), their manager’s behavior (11%), unsatisfactory compensation and benefits (9%), and poor well-being (9%).

Hence, sending your staff for training not only keeps retention rate high, but improves staff morale by showing that you are investing in them. Furthermore, sending your staff for training and development courses not only benefits the individual, but also to the business, helping your company to run effectively and efficiently. Training improves business performance, profit and staff morale. By sending your staff for training, you can target their skills to meet the exact needs of your business operations. Moreover, it will result in improved customer service, work safety practices and productivity levels.

Sending staff for training to regularly upskill and learn the industry best practices are the key to drive your business forward.

Here are the top 5 benefits of ongoing staff development:

  • Keep up with industry changes
  • Stay ahead of competitors
  • Be able to see weaknesses and skill gaps
  • Increase job satisfaction levels
  • Provide internal promotion opportunities

 

  • Keep up with industry changes

Industry laws, regulations and policies are constantly changing, and it is important your business is up to date and complying with the latest. While being aware of these regulation changes is important, knowing how to best implement them is just as important. By sending your staff for training, staff are equipped with the right skills and knowledge to do so.

  • Stay ahead of competitors

Remain competitive in the industry by making sure your business is constantly improving and advancing. Going for trainings also ensure that your business plans remain ahead of the competition and constantly move forward.

  • Identify 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. Early identification ensures there is sufficient time to train staff in these required areas, so they can fulfil the role effectively.

  • Increase job satisfaction levels

Through continued investment from the business, staff can have a much higher sense of job satisfaction and higher motivation levels. This reduces employee turnover and increases productivity, which directly improves the profitability.

  • Provide internal promotion opportunities

While employing new staff has its benefits, it involves high recruitment costs and hiring fees. With ongoing training, existing staff become eligible for internal promotions without going through the hassle of retraining staff on company procedures and operations.

 

Opus Kinetic believes that people are why organisations are successful, and giving people the knowledge to perform well at their job is integral for success. We pride ourselves as the premier provider of knowledge, offering acclaimed in-house trainings, and many others professional training courses spanning from various industries. Our training courses are well researched and updated with the latest industry trends. For more information on our professional training programs, visit us at http://www.opuskinetic.com/training or contact us at info@opuskinetic.com 

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