Employee training represents a critical aspect of management that tends to be neglected; however, training your employees gives you active control in shaping the future of your company while giving your staff the tools to shape their careers. Yet, many professionals delay or defer this crucial development activity, and as a result, pay a high price through the loss of their top talent.
For a variety of reasons, employee training, especially corporate training, is frequently left to human resources rather than being part of a manager’s job description. In those instances when managers or executives in specific departments are not involved with training their staff, the effort may be lacking. This may create the environment in which the top talent starts looking around at other jobs. A recent Harvard Business Review study by Burak Koyuncu, Jie Cao and Monika Hamori found that many of the 1,200 participants felt they did not receive appropriate career development. The article, “Why Top Young Managers are in a Nonstop Job Hunt” stated,
“Dissatisfaction with some employee-development efforts appears to fuel many early exits. We asked young managers what their employers do to help them grow in their jobs and what they’d like their employers to do, and found some large gaps. Workers reported that companies generally satisfy their needs for on-the-job development and that they value these opportunities, which include high-visibility positions and significant increases in responsibility. But they’re not getting much in the way of formal development, such as training, mentoring and coaching – things they also value highly.” tweet
Why Employee Training is Critical to Success
- Your employees will notice if you take a genuine interest in the career development. Employee training gives the manager the opportunity to show personal interest in the talents and success of each staff member while cultivating and fostering good will in the entire team.
- Employee training builds loyalty, and as a result, loyalty produces greater efficiency and productivity. This truism represents the natural corollary to the first point. By taking a genuine interest in your employee’s success, you create loyalty. This creates an engaged employee, and engaged workers are more efficient and productive.
- Your top talent are most likely your most ambitious employees who want to advance. Providing targeted support and training gives them the coaching and mentoring necessary to advance their careers. Moreover, they become more valuable to your company as they gain new skills that make them more versatile.
Employee training does not need to be costly or elaborate. At the core, it is a matter of a manager taking time to recognize the talents, skills and future needs, then providing the information and mentoring to develop the employee. The payoff is higher productivity and loyal staff.
Learn how companies are using Lessonly to unlock potential in their employees here.
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