FOR MAXIMIZING RETURNS ON EMPLOYEE LEARNING IN 2022
Employee learning and development is an area you should be investing in for 2022 and beyond. This paper explores five tips for maximizing employee training ROI and setting your company up for success.
Download this FREE white paper and learn how to maximize your returns on your employee learning.
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According to SHRM, employee learning is a “strategic tool for an organization’s continuing growth, productivity and ability to retain valuable employees” (Developing employees, n.d.). Employee learning is more important than ever before. In fact, Gartner HR research finds 58% of the workforce will need new skill sets to do their jobs successfully” (Baker, M., & Zuech, T., n.d.). Not only that, but the World Economic Forum report released last year “finds that wide-ranging investment in upskilling has the potential to boost GDP by $6.5 trillion by 2030… The report, Upskilling for Shared Prosperity, authored in collaboration with PwC, finds that accelerated skills enhancement would ensure that people have the experience and skills needed for the jobs created by the Fourth Industrial Revolution – boosting global productivity by 3%, on average, by 2030. The newly created jobs will be those that are complemented and augmented – rather than replaced – by technology” (World Economic Forum, n.d.).
That’s a lot of data to take in, but what this means for you is that employee learning can become a critical piece of your success in today’s competitive world. By developing the employees you already have, you will reduce turnover. You will also improve your talent pool. Many employees currently seeking new opportunities are doing so to expand their skill set, and you can offer them the opportunity to grow at your company. Furthermore, employees who participate in training programs at their employer are more likely to be engaged employees, which means increased productivity and output from your employees.
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BONUS DOWNLOADS fOR EMPLOYEE LEARNING
If you want more we have more bonus material for you. The first is a SMART Goals worksheet. This sheet is designed to help you develop goals using the SMART (Specific, Measurable, Achievable, Relevant, Time-bound) method.
The other download is a Employee Learning Scorecard. This worksheet can help you develop a baseline and track progress against your learning and developments goals. To download them, fill out the form below.