9 Benefits of Employee Training and Development
Employees are the company’s biggest asset, and it is important to invest in employee talent and capabilities. Employee training and skills development is reflected in business growth and success. Companies go through long processes to recruit and hire qualified and appropriate employees, but the focus on employee care often stops at this point, and according to studies, Companies that developed employee development saw increased sales and doubled profits compared to groups of companies that did not enroll employees in training sessions.
Also, investing in the professional development of your employees is so vital to team retention that 94% of employees will stay in the company longer if you invest in developing their careers, and talent replacement can cost more than employee retention and investment.