There are many benefits to be gained by training your employees and equipping them with the necessary skills to be efficient, productive and motivated.  Over 45% of staff say they would feel more motivated if their employer invested in their skills.*

*Research conducted on behalf of the LSC.  December 2007.

Organisation Benefits

• Increase Profits - A fully skilled workforce can cut waste, remove duplicity and increase productivity resulting in higher profits.
• Reduced Management Costs - It is cheaper to train existing employees compared to recruiting new employees with the skills needed.  Plus the additional benefit of a diverse and flexible workforce.
• Mitage Risk - With a fully skilled workforce, good shared knowledge and skill base managers are much more able to manage the risk to the business of potential long term absenteeism or loss of key employees.
• Plan for Succession - A trained workforce will make succession planning easier for managers.
• Retain Employees - Training and qualifications will strengthen your employees commitment to your company.  They’ll stay longer and you’ll save money on recruitment costs.

Employee Benefits

• Motivation - Employees feel motivated, confident and are more able to do their jobs and therefore gain greater job satisfaction. 
• Rewards - With greater skills levels employees may benefit from increased salary, greater responsibility and promotion.
• Career Progression - Skilled employees are more likely to have a successful career path.  
• Because I’m worth it - Training can give employees a strong sense of feeling valued by their employer increasing morale and enthusiasm.
• Expanding Your Network - Attending training courses is not just about what you learn but who you meet can be just as important – you may make a new business contact or a new friend – possibly both!

Return on Investment

In times of economic hardship it’s easy to see why organisations may cut back on what they perceive to be ‘non essential expenditure.  Training should not fall into this ‘non essential’ category – in fact training should be seen as ‘essential’ and ‘necessary’ to ensure the ongoing success of your business.

There's no easy method to calculate the return on investment for training, but we believe training tips the balance.