Did you know that the cost of supporting untrained or poorly trained employees is significantly more than the cost of implementing a training and development programme into to your business?
Training is part of the employee package and can affect employee retention. It is a valuable commodity that, if viewed as an investment rather than as an expense, can produce high returns.
Providing a good training and development programme can provide the following benefits:
Build a more effective team
Improve individual & team morale
Improve productivity and yield
Improve staff retention rates and therefore reduce recruitment costs
However, this is not just about you. The development of your team can:
Improve employee confidence
Increase job satisfaction
Give individuals a sense of their worth
Encourage their commitment to your business
Spending time and money on training and development now could save you both in the long term.
However, if you are spending your cash and committing your time to the development of your team you need to make sure that you are getting the right training. Over January Simple HR will provide you some Simple Tips on getting the most out of your team.