Enhance your business

Research shows that when organisations invest in training and development there are several steps to an improved business:

• Staff feel valued and so are more motivated and loyal
• A motivated workforce increases productivity and reduces waste
• Organisations are more likely to survive and gain competitive advantage
• Profit margins are improved through greater efficiency

Motivated staff

Investing in your employees’ training helps to make them feel valued and so they tend to be more motivated and loyal. 45% of staff say they’d feel more motivated if their organisation invested in skills training.

Staff retention

In the current economic climate, it is important to maintain your talented personnel. In a recent KPMG poll, 83% of respondents argued that people were the key to maintaining a competitive edge. Investing in your staff makes them more valued and so more likely to stay with your firm, thus reducing recruitment costs.

Reduce unfilled vacancies

Training existing staff can also help to fill the gaps in your organisation. In these difficult economic times, training can help you redeploy staff to different areas of the business and upskill employees. Staff development plans also attract the best staff to your organisation.

Business survival

Businesses are 2.5 times more likely to fail if they don’t train their staff. This statistic is particularly relevant currently and demonstrates the importance of investing in staff development.

Competitiveness

Businesses must have up-to-date skills to remain competitive. Training ensures that staff have the latest industry skills.

Increased profits

Motivating your staff improves efficiency and productivity, reduces recruitment costs and helps your business minimise waste. All this helps your organisation increase its profit margins.

Want to improve your business?

Contact our business advisers for a free organisational needs analysis:

Telephone: 0117 312 5020
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