7. Investing in your Employees – Training & Self Improvement
In Day 6 we looked at understanding your Employees’ Personal and professional goals. Today we expand on how training is motivational and increases employee retention
There are huge benefits to making the most out of the people you employ.
- Higher staff retention
- Increased employee motivation
- Reduced absenteeism
- Happier customers
- Increased business efficiencies
- More informed employees
- Reduced recruitment and associated training costs
Upskilling your workforce in the skills that are essential to your business will be positive in terms of productivity and profit. Training needs to be planned and costs budgeted to fit in with your working schedules and patterns. Meaning productive time will not be lost when most needed.
“The only thing worse than training your employees and having them leave is not training them and having them stay.” Henry Ford
Your business growth plans can only succeed if you invest and develop your employees. Are you planning to promote any of your employees into management or supervisory roles? If you are, have they had any leadership or management skills training? No? Then training these skills prior to promotion will give them the confidence and knowledge to lead and motivate their teams.
Keeping hold of essential employees is not just about paying them more money. It is about helping to develop them as individuals, which is motivational and can bring benefits to your business. Many more businesses are now introducing ‘Wellbeing’ training to provide a way to enable employees to understand how best they can all work together to improve their working environment.
Training can be delivered in many different ways and, dependent on the time scale, budget and what you are trying to achieve. This can be by:
- Trainer-led seminars
- On-line training
- Coaching or mentoring
- On the job training
- Classroom type training
- Group discussion and activities
- Management-specific activities
- Other required reading
That’s day7. Day 8 Nurture your future Leaders & Managers. Opportunity for Growth, Development & Advancement
Contact me now to increase your employee retention, productivity, profitability and all things ‘Sales’.
About the Author Paul Clayton FISM
Hello, my name is Paul Clayton and I help SME’s and large businesses like yours to find, attract and gain new customers while boosting profitable sales to your existing customers.
Start the process to take you, your people and your business to the next level. Contact me to arrange your complimentary, no-obligation business review: T: +44 (0) 1529 413476 E: firstname.lastname@example.org
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