5 Reasons to Consider Corporate Training

GURGAON, India - Sept. 1, 2021 - PRLog -- The company is ready to invest in you but the real question is whether you are willing to invest in yourself? The first and foremost question that you must ask yourself before you proceed with examining the reasons to consider corporate training. Benjamin Franklin once said that "An investment in knowledge pays the best interest", and that is essentially one of the most prominent reasons as to why corporate training is important.

Statistical Research on the importance of Corporate Training:

1. According to LinkedIn's Workplace Learning Report 2019, 94% of employees agree to stay longer if the company invests in employee training.
For employees to expand on their horizons by sharpening their skill set is the best kind of ROI that they would treasure for life. Corporate training forms the backbone of every L&D department functioning for the sole purpose of boosting engagement levels in the workplace.

2. According to career development statistics, 89% of HR leaders agree that constant employee training is essential.
Business leaders and great MNCs have followed the pursuit of a well-defined plan of action for L&D. Training employees and equipping them with the skill sets that make them excel at their work is not a one-time process.

3. Besides HR leaders, 68% of the workforce agree that employee training is of paramount importance.
Corporate training is the most critical policy in any institution. MNCs all across the globe partner with Corporate Training companies to outsource corporate training services.

4. 86% of millennials would be kept from leaving their current position if training and development were offered by their employer
It is estimated that as many as 1 in 3 people leave their organization within the first year which leads to around 22% of staff turnover that happens within the first 6 weeks of employment.

5. According to Gallup's State of the Global Workplace report in 2017, around 85% of employees are not engaged or actively disengaged at work.
This requires the L&D and HR department to increase employee's productive engagement especially now that most of them are working remotely.

Why should you consider Corporate Training?

These statistical data and analytical factors indicate that employees are willing to stay as long as the company invests in their training and development.
A strong foundation of corporate training programs for employees can have various long-term benefits:

• Increasing employee engagement
• Increasing retention rates
• Encouraging innovative thinking
• Mitigating and decreasing risks
• Improving productivity and skill set of employees

It is important to acknowledge and reinforce the belief that there is hidden potential in every employee that is waiting to be fully developed in the hands of capable lead makers!

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