Corporate Software Training
“An investment in knowledge always pays the best interest.”
Organizations that offer comprehensive training programs have 21% higher income per employee than companies without formalized training. But it doesn’t stop there. These companies also enjoy a 24% higher profit margin than those who spend less on training.
The root of these results is increased employee productivity, which in turn is driven by the skills advancements made possible through employee training and development. Training is one of the most effective things that any organization can do to increase productivity.
Organizations need to realize how common it is for employees to leave if they don’t receive the necessary training to do well in their positions and to become more productive. Research shows that a full 40% of employees who don’t receive the necessary job training and development to become effective in their position will leave their positions within the first year.
To retain employees long-term, organizations must also offer continuing development and opportunities for advancement. The average employee believes that workplace training should continue throughout their career, regardless of their seniority according to a recent SkillsSoft survey from the UK.
Organizations committed to corporate training and development show a significant return on investment (ROI) and increased productivity from their most important investment: Their Human Capital.