Training your employees is ultimately good for your business. Not only can it improve performance and staff morale, investing in the development of employee's increases profit. The best part is, you get to choose what skills you want
1.Increase employee productivity
If your employees are recognised for doing well and time is taken to train them properly, productivity and profits will increase. The most successful businesses train their employees in order to achieved enhance quality and provide a better profit
2.Reduce employee retention
If you invest in developing your employee's skills, it will let them know you are interested in the development of your staff. For this matter, individuals tend to stay longer and contribute more towards your business. Since recruiting
3.Reduce the need for employee supervision
4.Proves the opportunity to use new technology
Staying up to date with new technology is vital. Ensuring your employees are updated with new technology ensures that they can perform their job to a high standard as well as
5.Improves health & safety at work
Training staff in health and safety reduces the amount of work-related injuries and illnesses. It doesn't just protect the employee either. Health and safety training protect the employer from claims made against them, saving companies from costly legal battles.
6.Maintains certifications and professional qualifications
Staying up to date with credentials is much more cost effective than starting again after the expiry date. Regular training helps employees stay on top of this and ensures that qualifications continue to accurately reflect the skills staff have.
7.Provides employees with new opportunities and responsibilities
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8.Improves employee job satisfaction
It's true: a happy workforce is one that is productive. Training your employees doesn't just increase wellbeing; it reduces stress within the working environment. It's a win, win situation!
9.Improves company reputation
Company reputation is increasingly important to the success of a business. Being accredited with awards such as Investors in People award helps set the standard for better people management. With over 14,000 organisations holding the award worldwide, no wonder more leaders want to get on board.
10.Improves risk management within the business
Much like improving the health and safety of employees, training your employees also improves risk management. Providing training related to sexual harassment and diversity will reduce the risks related to employing people and avoids Employment Tribunal claims which can cost up to £10,000.