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Investing in your employees’ knowledge and training is one of the best things you can do. Not only will this benefit your employees, but it will also improve your organisation as a whole. Here at DLC Training, we have listed 3 key reasons why investing in a structured development programme will have a positive, immediate and direct benefit to your business:
Attract and Retain Talent
- Increased skills and development of knowledge will enable you to promote key people from within your organisation
- 68% of employees consider training and development opportunities as an organisation’s most important policy. Therefore when the time comes when you do need to recruit, you are much more likely to attract top talent by highlighting the importance of their development
- As a result of investing in your employees, they will become more engaged and motivated, which will in turn improve their performance
- Improved engagement also results in loyalty and higher staff retention rates
Financial Benefits
- Cost efficiencies will be identified by engaged and skilled people
- Improved retention rates means that you will save in recruitment costs, as well as initial training costs
- Your customers will recognise and appreciate the stability within your organisation. With the continuity they experience in their service, they’ll feel valued as a customer and a high sense of trust. This in turn will increase the likelihood of them becoming a loyal customer
- Trained people have more skills and therefore are more efficient in their role. This improves their capacity output, which results in higher revenue
Futureproofing
- Having a clear training and development plan forces you to look to the future to prepare and assess your next steps
- Confidently move your organisation forward in the secure knowledge that your key people will be moving forward with you
Get in touch today
Tel: 0800 012 6770
Email: businessteam@dlctraining.co.uk