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Employees are valuing career development more than ever—it’s a sign that the company is willing to invest in their future. How are businesses approaching training today? What are their pain points, and what topics are being addressed in training?
Organizations must invest in the right high-quality learning and development (L&D) and training programs to remain competitive and innovative in 2019 and beyond, especially as research continually demonstrates that high-quality L&D and training programs lead to higher employee retention rates, highly engaged and productive employees, and a much higher bottom line.
Research and statistics show that virtual reality (VR) in corporate training will reach a value of $2.8 billion by 2023 and that VR has several benefits for the learning and development (L&D) industry.
When it comes to retaining employees, think less about pool tables and nap lounges and more about professional development. That’s what Jessica Cortapasso, VP of Human Resources at Digital Remedy, believes, and she makes a good argument.
Word of mouth is a great way to learn about the latest training trends and events, and when our peers speak highly of something, we’re more inclined to trust their judgment.
Training employees can take a lot of time and resources, but it’s necessary in any organization—whether to educate staff on new industry developments, promote key skills, or simply to give them familiarity to the organization and its culture and processes.
Healthy competition in the workplace can increase productivity and encourage innovative thinking. However, a critical aspect of sustaining an optimal work environment is to focus on creating collaborative learning opportunities that employees actually seek out and enjoy.
The debate over the cost/value proposition of a higher education isn’t new. As tuition and student debt have skyrocketed in recent years, students and parents question the worth of a pricey bachelor’s degree.
How do you assess what skills your employees need to be trained on? What about figuring out what skills already exist in the organization and what will be needed in the future?
Although over three-quarters of organizations have reported the importance of high-quality leadership development programs and recognize that it’s important to invest in developing leaders for their organizations at all levels, not many do.
Employee training often focuses on teaching specific, objective skills and knowledge, such as how to operate a piece of machinery, how to perform the monthly check-out, and the key compliance requirements impacting a particular industry.