Companies that prioritize corporate training have a clear competitive advantage. A study shows that a company outperforms its competitors by up to 19%. In addition, the level of commitment of workers becomes higher, they have fewer turnovers and better incomes compared to companies that do not invest in their employees.
However, training and development activities are often the last initiatives that are approved and are the first to be eliminated when cutting costs. It can be difficult to prove that these activities have a quantifiable effect on income. If you want to have a better idea of what your competition is doing, read on.
There are great benefits for companies that care about the training of their workers. Check out these four benefits of corporate training in Singapore that can improve work motivation and commitment of workers:
Influences the company culture
Immersed in full digital transformation, the HR department through its training and development area has much to say when promoting business innovation through this transformation. In addition, integrating learning to the workplace and sharing good practices create an excellent basis for the company’s culture.
The different training offers, whether online, blended or face-to-face, meaning that according to the speed with which learning needs to be applied, business agility is cultivated and the company-employee commitment improves.
The great access to mobile devices should be seen as an advantage to open the range in the training offer of employees. New generations of employees, especially Millennials and Generation Z, value and even demand that training be adapted to individual needs. The so-called self-directed learning is a reality for these generations of employees.
With a good corporate training strategy, choosing the appropriate modality for the employee profile improves the efficiency of the budget allocated to training. Besides, it helps employer branding strategies of the organization, both in the retention of talent, in processes of integration of new employees and recruitment.
The higher the quality of the services provided to our employees, the higher business productivity in the organization. Grow your brand from within. The Global Brand Academy help brands rediscover their purpose through corporate training in four key training areas: Brand Strategy, Internal Branding, Branded Customer Experience and Sales & Marketing. We help you develop growth-led businesses with value. Get a taste of what we do. Email us at email@example.com or Call us at +65 9271 6973.