Getting on in work?
3 reasons why your job progression benefits the business, too
Businesses need to make sure they are getting the most out of all their employees to keep growing... http://snip.ly/L9jO
1. People are a business's most valuable asset. Worth £17.61 trillion in 2013, that’s more than twice as much as machinery or buildings.
2. 90% of today's workforce will still be in the jobs market in the next debate.
3. Training staff can lift annual budgets by up to 2-3%, paying back the training programme's cost several times!
Undoubtedly, businesses want to do more to develop staff...
90% say that building employee capabilities are among their top priorities for their organisations
Businesses are already spending over £40 billion on training and development for their employees every year
Actually managing employee development throws up its own challenges, for example:
· Smaller enterprises might lack the capacity to run large programmes
· Certain businesses might be typically male dominated
· Some firms might just not know the best place to start or feel ill-equipped to manage embedding a culture where progression is a key focus from the boardroom right throughout the business
