What makes corporate training appealing to employees
An investment in knowledge is, according to Benjamin Franklin, the investment that pays the best interest. This truism survives into the modern corporate world. Investing in corporate training for your workers is not only key to greater productivity down the line, but it’s also essential to improving your workers’ long term possibilities.
When employers offer such perks, they find that their staff will remain loyal and hard-working, as employees tend to value corporate training very highly. Here are some of the main reasons why they do:
1.Training boosts a feeling of value:
It’s common knowledge that corporate training is not an easy decision for employers to make, with it often being a significant financial investment, one that lasts only as long as their staff remain a part of the business.
Keep in mind that when paying for a two-week intensive training course, the employer not only loses money due to the cost of the course, but they also have to deal with the lost business output as a result of the employee’s absence.
However, in addition to their own development, most employees value and appreciate the personal investment being made, making them feel cared-for and well-respected by their managers.
2.It gives them more opportunities:
While an employer’s main goal of providing corporate training is to increase business output and efficiency in the long run, it also increases an employee’s potential, making them more valuable in the job market.
While this sounds like other businesses might want to steal your workers, that isn’t something you’ll have to worry about since they are more likely to remain loyal to the businesses that train them and, as a result, increase the value of your operation.
3.It improves performance:
Providing your employees with corporate training will allow them to specialise further in their area of employment, developing new skills and perhaps passions. It is known that a significant motivator for job performance is job satisfaction and, by being able to more effectively perform, especially within areas of individual interest, an employee’s work will improve.
4.Fun corporate training:
While corporate training courses may not initially seem like a fun endeavour, they can actually be both enjoyable retreats for both individuals and corporate teams. Numerous modern courses actually seek to break away from the stale environment of traditional business development and arrange themselves as team building activities or exciting individual projects. So, before writing the training off, be sure to see what there is on offer.
5.Lengthen the training:Some shocking statistics released in 2018 by HR Professionals Magazine indicate that companies with more than 100 employees give their workers an average of only 6 minutes of manager training every 6 months. This is a remarkably low figure considering the benefits employee training can have.
The scarcity of training among businesses can work to your advantage, however, as those businesses that offer corporate training are certain to be far more appealing to new recruits than other companies that refrain from making the investment.