Career Pathways and Training & Development
In today's dynamic job market, providing career pathways and training and development opportunities is of paramount importance with 80% of workers valuing the opportunity to advance in their careers?
This makes it a critical element of employee satisfaction and retention. For businesses, this presents an opportunity not only to retain top talent but also to fuel their growth and success.
Career pathways, encompassing training, development, and experiential opportunities, offer a win-win solution for both employees and the business. They are an essential component of your TARS (Talent Acquisition & Retention Strategy).
Investing in your people isn't just good business; it's a strategic move that can take your business from surviving to thriving. This investment delivers different benefits at each of the three employee phases: pre-hiring, post-hiring, and past-hiring.
In the pre-hiring phase, career pathways and training and development opportunities will: elevate your employer brand
improve your employee acquisition rates
demonstrate the business's commitment to investing in its people
communicate your dedication to employee wellbeing in the workplace
enable potential new hires to visualise a future with you
set you apart from competitors
increasing the motivation of potential new hires to join your business
In post-hiring phrase, career pathways and training and development opportunities will: improve employee retention
reduce absenteeism
boost productivity as employees enjoy contributing to the business
In the past-hiring phase, your investment continues to work for you as your alumni become strong and active ambassadors for your business. They may even become boomerang employees, returning to your business with new transferable skills and broader work experiences to help your business continue to grow.
Training and development opportunities come in various forms and can take place both in and outside the workplace. Some options include 1:1 or 1: many workshops, seminars, webinars, on-the-job training, and industry certifications.
Investing in your people is a strategic move that benefits employees and the business alike. Prioritising employee development unlocks the full potential of your workforce, enhances your brand, and paves the way for a thriving and successful business. If you need assistance in this area, feel free to contact us to discuss how we can help.