Proven Skills-based Employee Investment Program

Uncategorized Jun 16, 2022

Top talent is a primary concern for most companies worldwide as the economy recovers in the aftermath of the pandemic. Employers now have the chance to develop new abilities within and expand their businesses rather than searching outside the organization for talent.

Employee learning and development isn't simply for retraining employees or onboarding new employees. It directly influences morale and culture by improving employee engagement, decreasing turnover, and facilitating creativity.

The transition to remote work sped up the already ongoing digital revolution and produced new business practices. It also highlighted skill shortages and the value of employee experience. As a result, concentrating on learning and development today will help organizations expand in the future. It will empower people and businesses to overcome internal and external obstacles to post-pandemic achievement.

Some of the largest worldwide corporations acknowledge the importance of learning and development initiatives. They've established learning cultures that make employees feel appreciated and provide them with the tools they need to succeed at work.

Here is a great example, from day one of hire, Amazon encourages employees to take ownership of their jobs. Incoming hires may participate in pre-hire training and leadership development courses.

First Premier Bank & Premier Bank Card has a corporate university called Premier University. Employees are provided opportunities with the skills they need to remain current and advance in the field.

Pixar encourages a culture of lifelong learning. They provide voluntary courses in various subjects for employees at all levels, from recruits to senior executives.

Etsy promotes learning via conventional training and a range of employee-led classes. They also have a specialized learning and development staff that assists employees with career planning.

These companies and a slew of others have acknowledged the importance of a learning culture in achieving overall business success. These examples have one thing in common: training is not a one-time event or an exclusive benefit for a select few. On the other hand, learning and development programs transcend the company and aid in developing new skills among employees from various backgrounds, areas of expertise, and even generations.

Creating inclusive educational programs

Ensuring everyone is participating is the first step in raising staff morale via training. With the addition of Gen Z, many businesses now have a four- or even five-generation workforce. Because each generation has its characteristics and learning styles, conventional, one-size-fits-all training will not always be effective. On the other hand, training can be made accessible and beneficial for anybody with the appropriate approach.

When it comes to eLearning, for example, Gen X and Millennials are more inclined to embrace technology fast. And Gen Z grew up in it. But how can you get those workers who aren't as tech-savvy to participate? And what about job and location diversity?

The idea is to tailor training to workers' specific needs. Here are three strategies that cater to a variety of learning styles.

1. Selecting the appropriate platform

Online training saves money and accommodates hectic schedules. Interactive content and a variety of media may also be more engaging. However, engagement occurs only when individuals feel at ease using it.

A user-friendly learning management system is essential for employees of any age to have a smooth learning experience. Those less tech-savvy, in particular, should not be intimidated by the prospect of learning new technology. This is why selecting a platform that enables customization of the training portal makes sense. Employees will feel more at ease utilizing online training if the atmosphere fits the company's colors and general look. This is also an effective technique to engage remote employees unfamiliar with the company's brand. Click HERE to check out our Fresh Talent Continuity Program

2. Provide microlearning opportunities

Microlearning is instruction delivered in little, bite-sized chunks that occur on a weekly scale via a lunch & learn format.

The advantage of employing a lunch & learn platform is that you can offer micro-learning sessions to a wide range of audiences from anywhere, anytime. It might be employees with short attention spans, remote employees, or busy people who don't have time to sit down and hear a three-hour-long presentation.

Why should employees be expected to learn regularly?

Employees advance organically and successfully in their employment when training is a standard component of the corporate culture, regardless of the technique. And the business expands with them.

Proactive compliance training, for example, keeps staff informed about new legislation and prepares them to deal with unforeseen circumstances. Ongoing skills-based programs can bridge talent shortages and reduce the cost of hiring and onboarding new employees.

Providing ongoing training and development demonstrates to employees that their employer cares about their futures and makes them feel appreciated. Investing in staff development is a great way to boost morale. Employee happiness, retention, and productivity are all increased by good morale.

According to a recent study, sustaining staff morale has been difficult for two-thirds of companies since the pandemic began. Furthermore, 35% of businesses report changes in employee productivity, and one out of every three reports an increase in requests for information on employee support programs.

A company's most valuable asset is its talented workforce. While companies may never eliminate employee turnover, they can significantly reduce it by assisting employees in their pursuit of learning and growth.

According to research, 61% of employees claimed they need additional training to execute their daily duties.

Simply put, employees desire to learn, and employers that provide it significantly influence their work experience. Employees who obtain training from their companies, according to the study, report:

  • Those who get training report feeling more appreciated (63%) than those who do not (44 percent )
  • Remote employees will experience higher levels of happiness (73 percent versus 64 percent )
  • Improved contact with their colleagues (65 percent versus 52 percent )
  • Productivity gains (72 percent versus 65 percent )
  • Investing in the now will help you prepare for the future.

Learning and development should be vital to every business's success plan. It significantly influences staff morale, culture, skills, and talents. When employers demonstrate that they care about their employees' success, they prepare them to lead the company. They also create an organization that is capable of overcoming obstacles and continuing to expand.

Access the Fresh Talent Continuity Program by clicking here.


50% Complete

FREE Content

You're one step closer to adding value to yourself. Complete the form below and welcome to the community!