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7 Ways To Support Employee Growth and Professional Development
7 Ways To Support Employee Growth and Professional Development
7 Ways To Support Employee Growth and Professional Development
Professional Development
Employee retention is one of the biggest threats to businesses throughout the
country. The tide has shifted in recent years, and the employees now have
more power than ever in their relationships with employers. In fact, 65 percent
of workers believe they can leverage this control to their advantage through
salary and benefit negotiations.
One way for businesses to keep employees satisfied and committed is through
employee growth and professional development initiatives. Udemy found that
42 percent of employees said that learning and development were the most
important benefits when deciding where to work.
Giving recognition and rewards to your employees can motivate them, and it
encourages loyalty - which are driving forces behind employee growth. When
workers feel valued and their efforts recognized, performance levels increase.
A study from Alight Solutions found that employees who felt their
rewards were met are seven times more likely to be engaged with their work.
Recognition and rewards are excellent ways to incentivize your employees to
grow with the organization. While monthly or annual awards are great,
consider recognizing your employees spontaneously - as 47 percent of
employees said they prefer unplanned rewards.
For instance, your customer service department might notice a common theme
in consumer complaints about a product. If there is a communication gap
between them and the production team, that deficiency or issue might not be
brought up as quickly as it should.