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What difference does a training plan make to my business?

If you find yourself wondering whether or not a training plan would benefit your business, here are some of the top reasons why you really should have one in place.

Improved performance – A well trained employee is an asset to your business, of that there can be no doubt.  Ongoing training will provide your employees with greater understanding and in turn build their confidence in the business and to do their job.  Competent employees enhance the external view of your business and increase the potential to grow.

Greater employee satisfaction – investing in training for employees shows them that they are valued which will ultimately enhance their motivation to do the best job possible for the business.  Employees who feel appreciated and challenged through training opportunities will be more satisfied in their jobs.

Addressing weaknesses – Creating a skills matrix by department or team and using that to form part of your training programme will enable you to address weaknesses from an individual, team, department and business perspective.

Increased innovation – People tend to come back from training with great ideas to make improvements to processes, introduce new software to save time etc.  This kind of creative thinking is triggered by learning and thinking about a job from a different perspective.

Reduced employee turnover – Training and developing staff on an ongoing basis shows them that they are valued and is often seen as an employee benefit.  People who are developed are much more likely to stick around.

Helps to create a great employer brand – Having a training strategy that works is a step on the ladder to becoming an employer of choice in your geographical area or industry.

Remember ongoing training doesn’t have to be all about the job.  If your business can support a member of staff who wants to broaden their horizons and complete some training in something outside of the work environment, that’s a wonderful investment which can pay dividends in employee loyalty!

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