Building a Strong &
Thriving Corporate Culture
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Training Is Often Undervalued
The World Economic Forum Future of Jobs report suggested that by 2025,complex problem-solving, critical thinking, creativity, people management and emotional intelligence would be among the most important skills required in the workplace.
The importance of these soft skills is often undervalued, and there is far less training provided for them than hard skills such as coding. Organizations seem to expect people to know how to behave on the job and the importance of skills such as taking initiative, communicating effectively and listening, which often is not the case.
Soft skills refer to both character traits and interpersonal skills that will influence how well a person can work or interact with others. The term soft skills covers a wide range of skills as diverse as teamwork, time management, empathy and delegation.
Importance of Corporate Training for Business
Employees today expect ongoing training as part of their career development plan. Therefore, corporations should invest in ongoing training programs for the employees in order to encourage retention, increase profits, and ensure success overall.
In the current economic climate, many companies find training and development opportunities to be too expensive and decide against paying out. However, corporate training is highly beneficial to both organization and individual employees; the ample benefits make the cost and time invested in training truly worthwhile.
BENEFITS OF CORPORATE
TRAINING PROGRAMS
FOR EMPLOYEES
Employees who have received sufficient training see improved skills, greater competency and increased confidence in their abilities. These employees are therefore able to perform better in their job and produce a higher standard of work. Continuous training and up-skilling of employees can encourage the circulation of new ideas, collaboration and creativity and result in increased innovation.
Companies who invest in training, create a supportive environment to work in and show their employees that they are valued. Employees say that training and development positively affects their attitude. Feeling appreciated, helps employees to feel more satisfaction towards their jobs resulting in higher morale and motivation.
The provision of training and development has a direct impact on employee retention and can reduce the costs of recruitment.
Leadership training works to improve the skills of managers, and senior level staff and results in better decision making and informed and intelligent strategies to power the business.
A convincing and effective corporate development program strategy helps your business to build a good reputation and strong employer brand. Training is often seen as an additional employee benefit and helps to attract top talent to the business. Companies who invest in training and development are attractive to ambitious candidates who seek to improve their skills and progress within their field of work.
TIMESCONSULT assists thousands of businesses in employments and hundred thousands of job seekers in careers.
