Hold on to your Heroes: The Importance of Training Your Staff

In today’s dynamic workplace, where technological advancements and evolving market demands are the norm, investing in employee training has never been more crucial. Training is not just a benefit for employees; it’s an essential strategy for companies aiming to stay competitive, boost productivity, and improve employee satisfaction.

The Case for Comprehensive Training Programmes

Studies consistently highlight the tangible benefits of investing in employee training. For instance:

• Companies with comprehensive training programmes report?218% higher income per employee?compared to those without formalised training.
• Training directly correlates with productivity—organisations that provide the training their employees need are?17% more productive.
• A?59% majority of employees?agree that training directly improves their performance.

These figures underline a simple truth: training is not just an expense; it’s an investment with measurable returns. Yet, the reality remains that less than one-third of employees are satisfied with the career advancement opportunities available to them. This dissatisfaction often stems from a lack of effective training and development initiatives.

Why Training Matters for Employee Retention and Engagement

The link between training and employee retention is undeniable. Consider these statistics:

• 45% of workers?are more likely to stay in their current role if they receive adequate training.
• Over 90% of employees?report that they won’t quit their job if offered development opportunities.
• 92% of employees?believe workplace training positively impacts their job engagement.

These numbers highlight the role of training in building a more engaged and loyal workforce. Employees who feel supported in their professional development are more likely to stay with their employers and contribute meaningfully to organisational goals.

Learning Preferences: Training on the Job

Interestingly, most employees prefer learning at work. Statistics reveal that:

• 68% of employees?prefer to learn and train in their workplace environment.
• Employees gain?70% of their skills on the job, with 20% coming from formal training.

This indicates that workplace training initiatives should complement on-the-job learning. Providing employees with the right resources, mentorship opportunities, and formal training frameworks ensures that they can acquire and apply new skills effectively. This one of the reasons why at IACT we customise our courses to fit around what the client needs. This customisation includes incorporating the users day to day files.

The Role of Technology in Training

Modern training methods leverage technology to create flexible and engaging learning experiences. For example,?40% of Fortune 500 companies?now use Learning Management Systems (LMS) to enhance employee training and stay competitive. These platforms enable businesses to deliver scalable and customised training programmes that cater to diverse learning preferences. To see more of what IACT can offer in LMS Systems, visit our page https://iact.ie/lms-and-ehs-systems-main-page/

The Benefits of Training Employees

Beyond statistics, the qualitative benefits of training are equally compelling. According to experts:

1. Improved Performance and Productivity: Employees who receive the right training can perform their roles more efficiently, boosting overall organisational productivity.
2. Enhanced Employee Satisfaction: Training shows employees that their growth matters, improving morale and job satisfaction.
3. Better Customer Service: Well-trained employees are more confident and equipped to deliver exceptional service, leading to improved customer satisfaction.
4. Adaptability to Change: Training prepares employees to adapt to changes, whether due to new technologies, market trends, or organisational restructuring.
5. Reduced Turnover Costs: High turnover is costly for any organisation. By offering development opportunities, companies can retain talent and reduce recruitment costs.

A Simplified Training Journey with IACT

At IACT, we understand that creating an effective training program can feel overwhelming. That’s why we make the process as seamless as possible:

• Client Consultation: We meet with you to understand your specific needs and goals.
• Participant Assessment: We assess participants to customise training programs that meet their requirements.
• End-to-End Support: From taking care of registrations to delivering training, we handle it all.

We can also customise all our courses to suit your specific needs. Whether it’s adjusting the duration, tailoring the topics, or incorporating your day-to-day files into the training, we ensure the programme is directly relevant to your team’s work.

Whether it’s webinar-style sessions, in-person seminars, or classroom-based training, we offer a range of formats designed to suit every organisation’s preferences.

Don’t Let Your Workforce Fall Behind

Investing in training is investing in the future of your business. The data is clear: organisations that prioritise employee development enjoy higher productivity, better employee engagement, and improved retention. In a world where skills and knowledge are your greatest assets, comprehensive training programmes are non-negotiable.

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