Why Supporting Employee Growth Is One of the Most Important Responsibilities of a Company
More and more companies are starting to realise that talent doesn’t just appear out of nowhere. You can’t just expect fresh graduates to understand everything before they join your company, and expecting years of experience is just not feasible. Not only does this attract older employees that are likely to hop through companies, but it doesn’t attract loyal workers that are willing to go the extra mile for your business.
These days, companies have started to focus more on employee growth and development as a priority. This leads to several big advantages:
- You have a larger pool of talent to pick from because you’re removing the experience restriction that often limits who you can hire.
- You’re building employee loyalty because you’re showing them that you care about their personal development and skills.
- You’re creating a more diverse pool of talent within your own company that can help you grow your business.
- You can equip staff with the necessary skills to completely change their role which reduces employee turnover rates.
There’s no denying the importance of employee growth, but one of the biggest problems is measuring just how effective it is from a monetary standpoint. Below, we’ve added a helpful infographic that will assist you in measuring the impact of workplace learning. It should help you get a better understanding of how to measure metrics such as return on investment, and also the most optimal strategies that will improve employee growth and make it a staple in your workplace.
Infographic from: Ezra Coaching