Delivering employee training not only helps upskill workers, enabling them to do their jobs properly, but it also assists organisations with talent retention.
There is plenty of evidence to suggest that employees stay longer with their employers when they feel like they are developing professionally and their goals are being supported.
An Aerotek study discovered a positive correlation between employee development and the likelihood of an employee to stay, while 42 per cent of professionals surveyed by Robert Half said having a clear career path and visible promotion opportunities is crucial to job satisfaction.
If employers allow their workers to stagnate, the chances are they will start looking for new opportunities elsewhere.
And ultimately, it costs much more to replace those who leave than it would have done to offer high-quality training and coaching in the first place.
Ambitious professionals want to feel as if they are developing their careers and moving in the right direction as they look to climb the jobs ladder.
Naturally, they are eager to learn new skills, gain exposure to the latest solutions and techniques, and become better at what they do every day.
This is why training is so important. It not only allows employees to add more value, but it helps support morale among the team.
It shows employees that their organisation cares about them and their future, and wants to see them achieve their full potential.
Where firms invest in high-quality training for employees, and dedicate sufficient amounts of time to professional development, there is an added incentive for staff members to stay.
And in most cases, the longer they remain with their organisation, the greater the return on investment they deliver.