As the world becomes more technologically advanced, we are becoming more and more accustomed to learning everything online through digital resources.
For example, how often do you Google something when you need a quick answer? Or, take a look around your house. Do you have any tech gadgets that don’t have an accompanying app? We certainly didn’t think so. In addition, we’re always on the go and always have our smartphones with us.
The point is, just as we’re learning everything “on the go” via our smart devices while we’re at home, the professional demand for employee and learning management systems, or LMS training, in brief, resources has picked up in recent years, and it will continue to remain important for organizations as we advance in the technological era we’re currently settled in.
For that reason, innovative companies are wasting less time and money on outdated ways of training and turning to novel learning and development training systems to help their employees become more productive than ever.
If you’re still unsure whether your company is ready to commit to a learning and development program, here are five good reasons you should hop on the bandwagon and prepare your workforce for success.
Better Employee Engagement
The best companies are focused on improving the skills of their employees. They invest in learning and development programs because they know this is the best way to stay competitive.
When companies are 100% invested in learning and development, their employees are more engaged at work. They feel like they have a stake in the company’s success and, as a result, are motivated to perform well.
This means you can retain your best people for longer periods, which means less time spent hiring and training new employees. Learning and development also improve employee engagement, which leads to higher productivity, lower turnover rates, and a better overall experience for customers or clients.
Building A Stronger Team
Learning and development programs help build relationships between co-workers. When people are able to collaborate on projects, they learn how to work together better as a team.
This leads to happier employees who feel more valued by their employers and motivated to work harder because they know their contributions are appreciated by their colleagues, managers, and supervisors alike.
Improving Employee Morale
Employees who feel like they’re growing professionally tend to be happier at work than those who are stagnating or stuck in dead-end jobs where there’s no room for advancement or growth opportunities. Studies show that happy employees are more productive.
This means they’ll be less likely to leave your company for another job opportunity elsewhere if you invest in their personal growth through learning and development opportunities tailored specifically for them as individuals rather than treating everyone the same way regardless of individual needs or abilities.
Attracting Top Talent To Your Company
Talent acquisition is one of the biggest challenges facing HR departments today. But if you invest in learning and development programs that offer new skills and knowledge, it will help attract top talent to your company because today’s workers want to grow personally while also advancing their careers.
A study by the Society for Human Resource Management found that 21% of employees leave their job because they don’t get enough training or professional development opportunities. On the other hand, 43% stated that they would stay longer if they had more opportunities to learn new skills (for example, attending webinars or seminars).
So while learning may not always be a quantifiable metric when it comes to attracting new hires, it certainly helps build a positive culture for employees.
Retaining Current Employees
The same study found that employees who feel invested in their work are less likely to leave their job. Learning and development programs can help by offering opportunities for employees to expand their knowledge base as well as providing them with opportunities outside of the office that strengthen their relationships with other employees and managers.
For example, this could include learning how to manage conflict resolution or improving time management skills through seminars or workshops held during lunchtime or after work hours. Even having access to an employer-provided cell phone allows employees to stay connected with work even when they are away from the office, which may help keep them motivated and engaged in their jobs.
Training your employees can help them perform better at work and become more engaged in their jobs. But with the demand for new technology quickly outweighing the supply, what are you to do?
Many companies are turning towards a blended training program that uses both e-learning and traditional classroom training. This gives employees access to the highest quality resources, regardless of where they work, allowing them to train on their own schedule and throughout their careers.
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