Imagine for a moment hiring a candidate whom you consider a star employee. You go through the whole recruitment process and can’t wait for that person to begin work because they are the perfect fit.
But a few weeks down the line, that employee who you thought would make a difference in that role walks into your office to hand in their resignation letter.
In the midst of the shock and confusion all you can mutter is “what happened?”
And they confess that, in the few weeks they have been there, no one took their time to train them and rather than disappoint you, they would rather quit.
A high turnover in a company is an indication of deep underlying issues and contrary to popular belief, an increase in salary does not translate to reduced turn over.
What is the relationship between employee retention and development?
While you may not want to invest your time and resources on someone who may just end up using the acquired skills to find a new job, it’s a long term investment in the performance of your staff.
Whether employees leave after training them or not depends largely on your continued support to their development.
Work place training can actually increase employee retention in that it helps the said employees develop a great sense of self-worth as they feel that their efforts contribute to the greater good. Regrettably, very few companies have training programs in place.
Here is the truth; a majority of your employees want to do a good job and most of them actually enjoy what they do for a living. The only problem with these so called great employees, and more often the reason they will leave one company for another, is that they are never given the necessary tools they need to succeed in their jobs.
Just like the scenario I started with, you may hire great employees – who will hit the ground running but if they don’t feel your support for their development, there is nothing more they can do than pack up and leave for another company.
Employee training programs should be viewed as more than just a perk.
Unfortunately such programs are often considered unnecessary and will be the first to go when a company is looking to cut down on costs. While this may result in short term gains, the long term effect will be felt later on in your increased turn over.
Why you should start developing an employee training program
1. Increases expertise within the company
When you invest in the training and development of your current employees, you avoid having to go back and hire for existing skills gap.
By broadening their skills set, you prepare them to take up even additional roles and responsibilities that would have cost you so much more to hire for.
For instance, you can train your offline sales people to acquire online marketing skills so that you don’t have to hire a digital marketing team.
2. Through training, you are grooming tomorrow’s leaders
The best business leaders know that besides making sure than the company is successful today, they should already be laying the ground work for succession in 10, 15 or even 30 years to come.
By training your star employees today, you are preparing them to take on leadership roles in a few years.
3. Employees feel challenged hence more engaged
When employees are engaged they are likely to stick around. The belief that businesses should not train employees because they will take their acquired skills to another company is not only outdated but should also not be encouraged in the 21st century work place.
Employees who are offered opportunities to grow and develop, report more satisfaction in their jobs and are more likely to stick with their current employers than those who don’t have such opportunities.
With this in mind
Employee engagement and satisfaction is very important in maintaining a strong performing company and it all starts when employees are given opportunities for professional development. Employee development programs offer learning opportunities but unfortunately a lot of companies don’t have the time, budget or expertise to offer such trainings. And that’s where companies like Corporate Staffing Services come in.
As a leading provider in recruitment and training solutions, CSS, has a successful track record of providing comprehensive corporate training programs to different companies in areas such as Sales, Customer Service, Leadership and Management Development, Emotional Intelligence and Debt Collection while meeting not only the employees’ individual needs but also those of the company as well.
To request a FREE one on one consultation meeting, email the General Manager Ms Muthoni Ndegwa at firstname.lastname@example.org and copy email@example.com.