5 Reasons To Invest In Professional Training (How to Get a Free Course)

Employers, HRs, trainers, and employees alike agree that training is essential for company development.

It encourages employee loyalty, enhances competitiveness, and turns staff into skilled ambassadors of your brand.

Yet, it comes at a price, often looked upon by those not familiar with the real benefits of training.

How can you get the most optimal investment for your organizational structure?

For starters, you need to do identify your company’s training needs at the organizational, departmental, and personal level.

Here are 5 good reasons why should you consider employee training:

1. Boost your competitiveness
Training your employees after performing the right assessment, can increase your company competitiveness on the market. Employees that are excellent at their work and work efficiently is the best recipe for that competitive market that you are on.

2. Builds employee confidence and loyalty
Who would want to leave from a company that cares and invests for their employees?

Rarely who. Organizations that put their money in the employee career development path, have the best ROI and increased workforce loyalty. Not to mention the confidence the employees build, making them even more skillful, further strengthening your position.

3. Saves money by reducing employee turnover
Besides all the great things your employees will have, on top that you get to save money. Hiring new employees and high employee turnover costs a lot of money.

Recruitment costs, new training costs, adjustment time in the new position, not knowing whether you have chosen the right workers bear great expenses.

In fact, the cost of an entry-level position turning over at 50 percent of salary; mid-level at 125 percent of salary; and senior executive over 200 percent of salary.*

4. Increases value
Training teaches employees new skills. A worker with new skills can additionally develop and advance to new positions in your organization, further adding value to the whole. Having a set of strong skills can help your employees understand each other better, help the organization to greater lengths and expand the company.

5. Improving customer happiness
The customer was and always will be the king. Training your people, especially the ones working with clients on a day-to day basis can skyrocket your service level and increase your customer loyalty. Remember, a loyal client is better than a new one, the first ones will always come back for more if the service is on the highest level. Investing in the customer happiness team is a must for any business, no matter how small.