When you hear the words “personal development,” do you think they apply to the workplace?
If you don’t, you’re not alone. In many ways, personal development training sounds like something a person needs to work on in their spare time, when they’re away from work, but that’s not necessarily the case.
Personal development training can and should happen in the workplace for a variety of different reasons.
One of the biggest reasons for employees to engage in personal development training is to become more productive and motivated while at work.
Most Americans spend at least 40 hours a week at work, which means they have to be invested in and happy with their jobs. If they’re not, they’ll look for another employer.
Giving employees opportunities to work on personal development will demonstrate you are committed to their careers and want to see them succeed. The more invested you are as an employer, the more invested in the company your employees will be.
Below are some reasons employers could benefit from their employees engaging in personal development training.
1. Improved Job Performance
In every field, there are advances in processing or equipment that improve the efficiency and effectiveness of how an employee can perform their job. However, not every employee has access to those new advances. Allowing them to attend trainings, seminars or webinars to increase their knowledge about their position will help them become better workers. Their newfound skills will transfer directly to their position in the company, and help you out, too.
2. Improved Motivation and Retention
There are a variety of different things you can try to retain your top employees, and one of them is to offer training so they can improve themselves and their careers. If employees know you are committed to them and willing to help them learn the skills to do their jobs to the best of their abilities, they’ll probably reward you by staying longer and using those skills to improve the company.
Having to replace and retrain employees can be costly — both in time and finances — so give the ones you have every chance to be successful. It’s not enough to just offer training: it has to be the right training, and the employee has to see the benefit in attending.
Consider your employees’ schedules and whether or not the skills they’ll be learning actually apply to them. That way, you’ll both benefit from the training.
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3. Get Ahead of the Competition
Having employees who have the latest skills and expertise will help your company be competitive.
If nothing ever changes, the company will become stagnant and fall behind. Don’t let that happen. Give yourself and your employees the skills they need to thrive and survive in the business world.
4. Improved Internal Promotion Opportunities
As mentioned earlier, hiring new employees and training them to the specifics of your company standards can be expensive. But promoting from within the company has a lot of benefits.
With training programs in place and employees who have the skills and expertise you’re looking for already in the company, you have more opportunities to promote employees from within. This also gives your employees incentives to work hard and attend training to further their careers.
5. Employees Who Go Above and Beyond
If you’re invested in helping your employees develop personally and become the best employees and people they can be, they’ll be invested in your business. They’ll feel secure in their positions and hopefully be satisfied with the work they perform. This benefits you because improved work motivation means more productivity, which leads to profitability.
6. The Ability to Attract New Talent
Having the best and brightest working for your company is always beneficial, and by offering training opportunities and the ability for employees to grow and improve, you may be able to attract top-notch talent from the start.
Being invested in your employees’ personal growth and development requires a commitment, but the results are well worth the time and money spent on training.
Employees who are happy and satisfied with their jobs will be invested in furthering their careers and pushing the company they work for to new heights.
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