Employees are the backbone of all business, and implementing a training program to enhance their knowledge and skill is critical to ensuring success at the individual and organizational levels. Employees must get continual training at a company in order to retain top talent and maintain job satisfaction. According to 76% of workers, employees are more likely to stay with a company that supports their professional development goals.
Retaining competent employees improves a company’s bottom line since they can help drive a company’s success and the company incurs less costs related to turnover, such as hiring new employees. Businesses may stay competitive and nimble by keeping a pulse on the new technological developments and in-demand skills that are prominent in the market, and introducing their employees to these concepts through continuous skills based custom training.
Rather than relying on generic programs, the most effective training programs are tailored to each firm’s needs. Included in these programs are the latest research results, innovations, and best practices. AI can help enhance these programs, and experts can help plug in when considering the most relevant information to teach. A company’s early investment in customized training is necessary to solidify a company’s success and encourage ongoing employee development.
Source: YU Global