Why should businesses invest in staff training?
"94% of employees would stay at a company longer if it invested in their career development."
The top benefit for driving staff development is to shape a more efficient, competitive, and engaged workforce. According to a recent international study companies that have actively interested and dedicated employees see 41% lower absenteeism rates, and 17% higher productivity.
Henry Ford allegedly once said, “The only thing worse than training your employees and having them leave is not training them and having them stay.”
There is no manager who doesn’t want highly skilled employees on their team. Unfortunately, a lot of these very same managers consider professional development to be the employee’s concern, not the company’s.
If you believe that hiring an experienced employee trained by someone else is less expensive than training employees yourself, you are mistaken. Such an employee will never feel loyal and devoted to your company. They will be much more likely to leave than employees in whom you’ve invested time and money. When they leave, you’ll have to go looking for a replacement – hoping the next one doesn’t leave as well.
Employees are your company’s most important assets. Their training and professional development is something you should invest heavily in.
Benefits of effective staff training
Increased Job Satisfaction
How myITmanager can help
We have partnered with PD Training to provide a range of effective training courses to help to empower your people, retain them, increase their job satisfaction and improve overall business productivity
myITmanager offers a comprehensive range of courses covering:
- Microsoft Office suite
- Time Management
- Staff Management & Leadership training
- Customer Service
- Sales Skills
- Personality & Soft skills
Our advertised courses are predominately online. If you would like to book in person or in-house training please contact Steve
Check out our Productivity resources
Microsoft 365 Business Premium, formerly Microsoft 365 Business, is a bundle of products aimed at small and medium-sized business of 300 people or less. A full service description is available here. The key components are: Microsoft Online Services, including Exchange, SharePoint, Teams, OneDrive and more Microsoft Office Applications for Windows, Mac, iOS and Android Exchange Online…
myITmanager has partnered with ‘The Business Factory’ to offer services that are registered with the COVID-19 Business Advisory Fund. Small and medium sized businesses may qualify for funding to help pay for advisory services to support them through the Covid-19 outbreak. The Covid-19 Business Advisory Funding can provide support in a number of areas including business…
Is your email backed up? Are all your company documents backed up? What would happen if someone accidentally or intentionally deleted all their emails and walked out the door? What would happen if a cyber criminal hacked your system and encrypted all you company files and documents? Why You Need O365 Backup! There’s a common misconception among users that backup…
A recent Stuff Article provides some interesting insights and stats around how technology can and is expected to drive future business productivity. From a labour productivity perspective New Zealand ranks poorly by OECD standards. The question is why? There are probably a number of contributing factors. We have a large percentage of small businesses with less than…