The Cost of Doing Nothing

July 27, 2010 - PRLog -- Many people fear change or the cost of change is too high and often would rather do nothing than upset the balance.  Before you do nothing you should try calculating the cost of not providing adequate  training for your employees.

Imagine you have a team of 8, each of whom you pay £20,000 per year.   If they are only performing at 70% of their potential that's £48,000 in wasted salary before you even begin looking at the wider impact on the bottom line.

On the other hand some companies spend a fortune on training to increase productivity, enhance employee retention and reduce waste but the investment in training needs to be in areas that will deliver the highest impact to a business.

Do you measure the impact of up skilling in your business?  

Proskills Academy help businesses achieve bottom line improvement through skills and have developed a wide range of products and services to achieve in this.  

One of these is a range of industry specific Predictor tools which allow employers to estimate where their current performance lies, highlights the gaps in performance for a particular job type and suggests where investment in skills training will add the greatest value.

Evaluate the current performance of your workforce and calculate how much value you could add to your business through an investment in targeted skills training to improve staff performance.

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Proskills UK is an employer-led organisation that represents the interests of the industries that make up the process and manufacturing sector to government.