Why your company should
focus on improving employee development?
Trainings are the great opportunity to broaden the knowledge base of all workers, but external trainings are often pricey and not every business may afford it. Sometimes it can be really costly for the company from both productivity and financial sides. Training sessions may delay the completion of various projects. If the whole team engaged for the entire day or more, it means a full loss of business for that day.

In spite of drawbacks, we truly believe that trainings provide both the workers and the company with advantages which make expenses and time a worthy investment.
So what about benefits?
Quality of work
People who attended the correctly selected training are much better in carrying out their job in comparison with their colleagues. It teaches them necessary skills and broadens the understanding of own responsibilities within their role in the company.
The investments in employee's trainings show workers that they are appreciated by the company. Consequently staff feels thankful for company giving them opportunity to improve their skills and enhance efficiency. This provides them with strong motivation to perform their tasks to the best of their ability.
Company reputation
Having a successful and effective training strategy contributes to improve the employer brand and turns company into a major consideration for graduates and mid-career changes. Trainings make business more attractive to potential newcomers who want to gain experience and apply their knowledge in practice.
Employee Retention
Employees are more likely to feel valued if the organization helps them to develop their education. When staff is more skillful and motivated, they contribute more to their work process and,in most cases, have no need to change the job.
Long-term profitability
Quality training significantly impacts your profit. As we mentioned earlier, due to trainings company reduces its recruitment costs. When the workers are more involved and effective, profitability is going to steadily increase. Enhanced efficiency in processes of the organization will guarantee project success which will increase the company turnover and possible market share.

Employee trainings has proved itself to be very effective, the benefits far outweigh the drawbacks of investing in training projects. In majority of cases the financial side and the time often show the substantial returns on investment together with motivated personnel with new skills.
If you are working in FMCG or Retail, have a closer look to Storewars – the leading business simulation for consumer-facing businesses. Storewars offers a unique format of joint programs for FMCG suppliers and retailers by organising open courses in Europe, Asia, Americas and the Middle East. Check our nearest sessions or get in touch with us for more information.
MARCH, 6 / 2020

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