25 Apr Why Employee Development Matters
Investing in the development of employees is the most important and rewarding thing an employer can do. When employers develop their employees, they become smarter, more productive and perform at a higher level. Employees that are challenged to develop outside of their roles are often the happiest as they tend to get excited about what might be around the corner for them. And, when companies work towards retraining and retaining tenured employees, they prove to them that they are making a solid investment in their development, which is guaranteed to boost employee satisfaction. But most important of all, it’s rewarding because it’s what leadership is all about; making a difference in the lives of others.
Other benefits include improved customer satisfaction. If you have happy employees, you are far more likely to have happy customers. Content employees are typically more invested in the company. They’re more likely to promote the corporate brand, not only within the organisation but to your customers as well.
Then there’s the big one, the bottom line. The fact is, losing and replacing tenured associates is expensive. Not only is the company losing investments made during the recruitment process and talent development, but also because when that individual leaves, they take with them all their company knowledge and experience with them. When organisations invest in employees, they are investing in much more than just their salaries.
Upskilling your employees has an abundance of advantages, from improving employee motivation to saving the company money. And it doesn’t have to cost a fortune. Begin by assessing gaps in your current employees’ knowledge. Allow them to develop their own career development path and then offer the time and resources to help them achieve their goals.
At Tshireletso Multi-Skills and Training, we’ll help you upskill your employees so that they stay with you and help your organisation to grow, thrive and reach new heights.